R25-028 RESOLUTION NO. R25-028
2
3 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON
4 BEACH, FLORIDA, APPROVING A CAPITAL APPROPRIATION
5 AMENDMENT FOR FISCAL YEAR 2024-2025, UTILITIES CIP BUDGET,
6 TO USE UTILITY RESERVE FUNDS FOR $5,400,000 UNTIL THE CITY
7 RECEIVES REIMBURSEMENT FROM THE STATE REVOLVING FUNDED
R LOAN FOR EAST AND WEST WATER TREATMENT PLANT UPGRADES
9 AND TREATMENT OPERATIONS EVALUATION; AND FOR ALL OTHER
10 PURPOSES.
11
12 WHEREAS, the Fiscal Year 2024-2025 Budget was adopted on September 23, 2024; and
13 WHEREAS, staff is requesting Commission approval to amend the Fiscal Year 2024-2025
14 budget as noted specifically on Exhibit A; and
15 WHEREAS, the City Commission, upon the recommendation of staff, has deemed it in the
16 best interests of the city's citizens and residents to approve a Capital Appropriation Amendment
17 for Fiscal Year 2024-2025, Utilities CIP Budget, to use Utility Reserve funds for $5,400,000 until the
18 City receives reimbursement from the State Revolving Funded Loan for East and West Water
19 Treatment Plant upgrades and treatment Operations Evaluation.
20
21 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON
22 BEACH, FLORIDA, THAT:
23 SECTION 1. The foregoing "Whereas" clauses are hereby ratified and confirmed as
24 being true and correct and are hereby made a specific part of this Resolution upon adoption.
25 SECTION 2. The City Commission of the City of Boynton Beach, Florida, does hereby
26 approve a Capital Appropriation Amendment for Fiscal Year 2024-2025, Utilities CIP Budget, to
27 use Utility Reserve funds for $5,400,000 until the City receives reimbursement from the State
28 Revolving Funded Loan for East and West Water Treatment Plant upgrades and treatment
29 Operations Evaluation as further detailed in Exhibit A, attached hereto.
30 SECTION 3. This Resolution shall take effect in accordance with law.
31 [signatures on the following page]
32
33 PASSED AND ADOPTED this 0.21°— day of JCrtLa 202s-
34 CITY OF BOYNTON BEACH, FLORIDA
35 YE� NO
36 Mayor—Ty Penserga
37
38 Vice Mayor—Aimee Kelley
39 c7
40 Commissioner—Angela Cruz
41 g/
42 Commissioner—Woodrow L. Hay
43
44 Commissioner—Thomas Turkin v
45
46 VOTE 5-0
47 ATT T: I I
48
49 I _ ' I 7'7— _r/ su ?0yy�
50 Maylee D - ►s, MPA, C y Pe - ga
51 City Clerk Ma •r
52 �.
53 ..--"WNTON�,‘1 APPROVED AS TO FORM:
54 (Corporate Seal) i O�GpRP6W44•..•�111
• 0f/
55 s SEAL 1= ; J
• 14 na 6
56 � t.INCORPORATED/ i 9
57 . 1920 .: / Shawna G. Lamb
58 I ••'••-••••'•• City Attorney
FLORIOP
CITY OF BOYNTON BEACH Exhibit A
CAPITAL APPROPRIATION AMENDMENTS
BUDGET YEAR 2024-25,Commission Meeting 02/04/25
2024/25 2024/25 AMENDMENT
ADOPTED Amendment AMENDED related to
BUDGET Revenue Budget BUDGET PROJECT NUMBER Protect Name/Comments/Vendor
GENERAL FUND
403-0000-389.92-00 FUND BALANCE APPROPR $ 20,005,024 5,400,000 $ 25,405,024
Adopted Fund Total Revenues $ 63,645,702 $ 5,400,000 $ 69,045,702
403-5025-533.65-02 SRF LOAN PPROGRAM - 5,400,000 5,400,000 WT2501 East&West Water Plant Upgrades
Adopted Fund Total Expenses $ 63,645,702 $ 5,400,000 $ 69,045,702
ers\GometR\AppData\Local\Mlcrosok\Windows\lNetCache\Content.0utktokUGMZFZGT\FY2425 Fund 403 Budget Amendment for EWTPlant(002)Amendment 01162025 1/16/202544
BUDGET ADJUSTMENT (TRANSFER) REQUEST Page 1 of 1
To: Finance Department Fiscal Period: 4 FY 2024-25
From: Finance Department Date: 01/16/25
Budget Data Only *Expend as of:
Adjustment Expenditures
Present Increase Adjusted & Unencumbered
Account Number Description Project Number Budget (Decrease) Budget Encumbrances Balance
$ - $
403-0000-389.92-00 NET ASSETS APPROPR $ 20,005,024 $ 5,400,000 $ 25,405,024 $ - $ 25,405,024
411-2910-572.48-24 SPECIAL EVENTS $ - $ 5,400,000 $ 5,400,000 $ - $ 5,400,000
$ - $ - $
$ - $ - $
$ - $ - $
$ - $ - $
•Use Whole Dollars Only TOTALS $ 20,005,024 $ 10,800,000 $ 30,805,024 $ - $ 30,805,024
Justification for Adjustment: East&West Water Plant Upgrades
Budget Office Use Only
Approvals: Document#
Department Head: Group#
Finance Department: Posted By:
City Manager:
C:\Users\GomezR\AppData\Local\Microsoft\Windows\INetCache\Content.outtook\JGMZFZGT\[FY2425 Fund 403 Budget Amendment for EWTPIant(002).xlsx)Amendment 01162025