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R25-116 RESOLUTION NO. R25-116 2 3 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON 4 BEACH, FLORIDA, APPROVING AN EXPENDITURE AND REVENUE MID- 5 YEAR BUDGET AMENDMENT FOR FISCAL YEAR 2024-2025 ADJUSTING 6 THE GENERAL FUND, TRAFFIC FUND, BUILDING FUND, AND RISK 7 MANAGEMENT FUND; AND FOR ALL OTHER PURPOSES. 8 9 WHEREAS, the Fiscal Year 2024-2025 Budget was adopted by the City Commission by 10 Resolution No. R24-222 on September 23, 2024; and WHEREAS, this mid-year review, through April 22, 2025, will address deficits in various 12 accounts; and 13 WHEREAS, the General Fund now has a revised appropriation of $132,506,120, increased 14 from $130,439,120, due to Commission Personnel and Health Savings Account adjustments 15 ($152,000), Special Events operational cost, plus security needs ($115,000), Public Safety overtime 16 and procurement of communication equipment ($1,800,000); and 17 WHEREAS,the Traffic Fund increased from $9,711,402 to $11,056,402 due to the purchase 18 of Motorola equipment; and 19 WHEREAS,the Building Fund increased from $4,668,328 to $4,685,328 due to the addition 20 of a part-time position; and 21 WHEREAS, the Risk Management Fund increased from $6,755,031 to $6,905,031 due to a 22 new claim settlement; and 23 WHEREAS, the Fiscal Year 2024-2025 Adopted Budget needs to be amended by a budget 24 resolution; and 25 WHEREAS, this type of budget amendment is part of the annual budget process; and 26 WHEREAS, the City Commission, upon the recommendation of staff, has deemed it in the 27 best interests of the City's citizens and residents to approve an expenditure and revenue mid-year 28 budget amendment for fiscal year 2024-2025, adjusting the General Fund, Traffic Fund, Building 29 Fund, and Risk Management Fund. 30 31 32 33 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON 34 BEACH, FLORIDA, THAT: 35 SECTION 1. The foregoing "Whereas" clauses are hereby ratified and confirmed as 36 being true and correct and are hereby made a specific part of this Resolution upon adoption. 3? SECTION 2. The City Commission of the City of Boynton Beach, Florida, does hereby 38 approve an expenditure and revenue mid-year budget amendment for fiscal year 2024-2025, 39 adjusting the General Fund, Traffic Fund, Building Fund, and Risk Management Fund as further 40 described in Exhibit A, attached hereto. 41 SECTION 3. This Resolution shall take effect in accordance with the law. 42 43 44 [SIGNATURES ON THE FOLLOWING PAGE] 45 46 PASSED AND ADOPTED this day of 2025. 47 CITY OF BOYNTON BEACH, FLORIDA 48 YES -NO 49 Mayor— Rebecca Shelton 50 51 Vice Mayor—Woodrow L. Hay 52 53 Commissioner—Angela Cruz 54 ✓ 55 Commissioner—Thomas Turkin 56 57 Commissioner—Aimee Kelley 58 59 VOTE 60 A ' • T: 61 62 [T: �1 63 Mayl •e Jesus, MPA, MMC R cca Shelton 64 City Cle Mayor 65 66 .e,OYNTp�%1APPROVED AS TO FORM: 67 (Corporate Seal) O,�' •GORPORgrF•6:„' 1,o� 68 s U• SEAL n 69 INCORPORATED: 70 #1 1920 ; Shawna G. Lamb 71 ��� FORIDP ••••••••• % • City Attorney „P C CITY OF BOYNTON BEACH Exhibit A EXPENDITURE&REVENUE MID-YEAR BUDGET AMENDMENTS FISCAL YEAR 2024-2025 thru 5/13/2025 2024/25 CITY MANAGER/COMMISSION 2024/25 CURRENT Budget Adjustment AMENDED BUDGET Revenue Expenditures BUDGET Department Comments- General Fund 001-0000-332.11-00 DEA OVERTIME REIMB 40,000 400,000 440,000 Recognition of additional revenue 001-0000-361.01-00 INTEREST INCOME 600,000 430,000 1,030,000 Recognition of additional revenue 001-0000-389.91-00 FUND BALANCE APPROPRIATED 120,500 1,531,000 1,651,500 Adopted Fund Total Revenues 130,439,120 2,361,000 132,800,120 001-1213-519.48-24 SPECIAL EVENTS 1,033,670 100,000 1,133,670 Special Events Increase event cost,security,and vendors 001-1214-512.71-01 PRINCIPAL PAYMENT 1,637,010 275,000 1,912,010 Town Hall Debt Payment adjustment 001-2112-521.46-20 EQUIPMENT MAINTENANCE 264,748 155,000 419,748 Police Equipment Maintenance budget shortfall 001-2112-521.64-02 GENERAL EQUIPMENT 41,400 300,000 341,400 Police Xybix-Communication Center upgrade 001-2210-522.64-20 COMMUNICATION EQUIP. 0 1,301,000 1,301,000 Fire Rescue Motorola Radio Purchase Order(funded via UF loan) 001-2511-519.49-17 OTHER CONTRACTUAL SRVS 247,000 160,000 407,000 Facilities Mgmt. To address budget deficit 001-2730-572.49-17 OTHER CONTRACTUAL SRVS 1,068,853 70,000 1,138,853 Parks&Grounds To address budget deficit Adopted Fund Total Expenses 130,439,120 2,361,000 132,800,120 Building Fund 130-0000-389.91-00 FUND BALANCE APPROPRIATED 150,328 17,000 167,328 Adopted Fund Total Revenues 4,668,328 17,000 4,685,328 130-2411-524.12-10 REGULAR SALARIES/WAGES 2,277,489 17,000 2,294,489 Building New.5 PT FTE-Development Services Assistant Adopted Fund Total Expenses 4,668,328 17,000 4,685,328 Risk Management Fund 522-0000-389.92-00 NET ASSETS APPROPR (174,551) 150,000 (24,551) Adopted Fund Total Revenues 6,755,031 150,000 - 6,905,031 522-1710-519.49-20 SELF INSURED LOSS-LIAB 750,000 150,000 900,000 New claim settlement for$150K Adopted Fund Total Expenses 6,755,031 150,000 6,905,031 5:\Finance\Budget Amendments and Transfers\FY2024-25\Current Year Amendment\FY2024-25 All Funds Department Budget Mid Year Amendment(May 20 2025)GF&Other Funds Amend-Exh A CITY OF BOYNTON BEACH BUDGET AMENDMENT BUDGET YEAR 2024-2025 GF Attachment 2024/25 2024/25 2024/25 2024/25 2024/25 i CURRENT Y-T-D w ENCUMB. DEPARTMENT COMMISSION CITY MGR Mid-Year BUDGET ACTUAL/REVENUE BUDGET TRANSFERS ADMENDMENT AMENDED BUDGET GENERAL FUND REVENUES 130,439,120 101,339,226 2,361,000 132,800,121 CITY COMMISSION 417,399 234,488 15,000 - 432,39! CITY MANAGER 871,248 596,543 10,000 881,241 CITY HALL/GEN ADMIN 4,229,762 2,236,731 (815,500) 3,414,26: MARKETING/COMMUNICATIONS 293,212 99,910 - - 293,21: SPECIAL EVENTS 1,449,565 1,342,339 10,000 100,000 1,559,56! TOWN SQUARE 4,216,131 1,583,813 41,500 275,000 4,532,63: PUBLIC AFFAIRS 459,552 237,023 - - 459,55: DEPT INTERNAL INVESTIGATION 607,121 367,080 - - 607,12: CITY CLERK 940,817 600,303 - - 940,81: FINANCIAL SERVICES 2,519,881 1,585,808 - - 2,519,88: ITS 3,683,105 2,590,750 - - 3,683,10! HUMAN RESOURCES 1,630,439 1,082,038 50,000 - 1,680,43! CITY ATTORNEY 1,705,752 1,143,959 90,000 - 1,795,75: UNIFORM SERVICES 22,831,355 16,967,106 (60,000) - 22,771,35! OFFICE OF THE CHIEF 7,044,692 4,508,534 10,000 - 7,054,69: SUPPORT SERVICES 16,115,220 11,981,169 216,000 455,000 16,786,221 FIRE 37,279,598 27,258,642 129,000 1,301,000 38,709,591 EMERGENCY MANGEMENT 32,181 88 - - 32,18: DEVELOPMENT 423,353 276,657 - - 423,35: COMMUNITY STANDARDS 1,434,462 812,039 - - 1,434,46: ENGINEERING 401,493 142,779 - - 401,49: PLANNING&ZONING 1,086,011 628,822 - - 1,086,01: ECONOMIC DEVELOPMENT 624,010 365,584 - - 624,011 PUBLIC WORKS 273,330 159,442 - - 273,331 FACILITIES MANAGEMENT 2,915,314 2,756,345 215,000 160,000 3,290,314 STREETS MAINTENANCE 2,477,488 1,666,258 - - 2,477,481 PARKING SERVICES 1,022,567 698,609 20,000 - 1,042,56; CONSTRUCTION SERVICES 1,004,184 548,491 - - 1,004,184 LIBRARY 2,868,208 1,862,144 - - 2,868,201 SCHOOLHOUSE MUSEUM 254,246 199,243 - - 254,244 RECREATION&CULT 419,450 259,961 4,000 - 423,451 RECREATION 3,001,817 1,803,682 65,000 - 3,066,81: WOMEN"S CLUB 103,500 5,917 - - 103,501 ARTS&CULTURAL CENTER 1,001,882 509,153 - - 1,001,88; PARKS&GROUNDS 4,601,933 3,548,658 - 70,000 4,671,93: RESERVES - 1,035 - CRA REIMBURSABLE - 33,552 - GENERAL FUND TOTAL BUDGET 130,439,120 90,805,085 0 2,361,000 132,800,121 nance\Budget Amendments and Transfers\FY2024-25\Current Year Amendment\FY2024-25 All Funds Department Budget Md1ear Amendment(May 2020257General Fund Summary-Totals 5/13/