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R22-150 1 RESOLUTION R22-150 2 3 A RESOLUTION OF THE CITY OF BOYNTON BEACH, FLORIDA, 4 AMENDING VARIOUS FY 2022-23 CAPITAL PROJECT ACCOUNTS 5 WHICH WILL ADJUST BUDGETED APPROPRIATIONS AND 6 REVENUE SOURCES AND PROVIDE SPENDING AUTHORITY FOR 7 THE CAPITAL IMPROVEMENT FUNDS (302 & 303) AND THE 8 UTILITY CAPITAL IMPROVEMENT FUNDS (403 & 404); AND 9 PROVIDING AN EFFECTIVE DATE. 10 11 12 13 WHEREAS, a final budget was approved by the City Commission in September, 2022, 14 for the fiscal year 2022-2023; and 15 WHEREAS, at the start of the new fiscal year on October 1, 2022, available capital 16 improvement budget from the prior fiscal year is identified between the months of October 17 thru December; and 18 WHEREAS, this type of budget amendment is part of the annual budget process and 19 will increase the Fund's total appropriation, which requires City Commission approval; and 20 WHEREAS, under best budgeting practices and governmental accounting standards, 21 these funds should be re-appropriated to provide the continued spending authority for these 22 projects; and 23 WHEREAS, the Capital Improvement Fund will be amended for Fund 302 from 24 $4,704,427 to $4,921,527 and Fund 303 will be amended from $8,807,146 to $9,138,662 all 25 due to available prior year project budgets; and 26 WHEREAS,the Water&Sewer Utility Capital Funds will be amended for Fund 403 from 27 $ 0,000$33,080,000* to $,19,777,575$47,127,5751* and for Fund 404 from $250,000 to 28 $2,650,000 due to prior year available project budget; and 29 WHEREAS, accordingly staff is requesting City Commission approval to amend the FY 30 2022-23 budget as noted specifically on Exhibit A. 31 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF 32 BOYNTON BEACH, FLORIDA: 1*correcting scriveners error. 1 S:\CA\RESO\Budget\2022-2023 Budget\FY22-23 CIP Budget Amendment Resolution-(October 18 2022)Correction.Docx 33 Section 1. The foregoing "Whereas" clauses are hereby ratified and confirmed as 34 being true and correct and are hereby made a specific part of this Resolution upon adoption 35 hereof. 36 Section 2. The City Commission hereby approves amending various FY 2022-23 37 Capital Project accounts as reflected on Exhibit"A" attached hereto and incorporated herein 38 which will adjust budgeted appropriations and revenue sources and provide spending 39 authority for the Capital Improvement Funds(302&303)and the Utility Capital Improvement 40 Funds (403 &404). 41 Section 3. This Resolution shall become effective immediately upon passage. 42 PASSED AND ADOPTED this 18th day of October, 2022. 43 CITY OF BOYNTON BEACH, FLORIDA 44 YES NO 45 ✓ 46 Mayor—Ty Penserga 47 ✓ 48 Vice Mayor—Angela Cruz 49 50 Commissioner—Woodrow L. Hay V 51 / 52 Commissioner—Thomas Turkin ✓ 53 54 Commissioner—Aimee Kelley 55 56 VOTE C) 57 A • S 58 59 if.SIP — .4 ---' / —4111P 60 Mayl_- r Jesus, MP', MMC T --ns: to 61 City 11:rk _O NVON BF' Mayor 62 i Q)0.•QORATf •.2'O \' j 63 p� Sish. �� APPr'�a, DA '• F� ' 4: 64 (Corporate Seal) F�'..� 5��RpcE-DD: S / 65 i v: NCP e O 66 I'i, ••••.• Z ��:OQ,;' Michael D. Cirullo,Jr. 67 t'`` •' QRS: City Attorney 2 S:\CA\RESO\Budget\2022-2023 Budget\PY22-23 CIP Budget Amendment Resolution-(October 18 2022).Docx CITY OF BOYNTON BEACH Exhibit A CAPITAL APPROPRIATION AMENDMENTS BUDGET YEAR 2022-23,Commission Meeting 10/18/22 2022/23 2022/23 AMENDMENT ADOPTED Amendment AMENDED related to BUDGET Revenue Budget BUDGET PROJECT NUMBER Prolect Name/Comments/Vendor CAPITAL IMPROVEMENT FUND 302-0000-369.22-00 CRA REIMBURSEMENT 1,956,000 198,200 2,154,200 302-0000-389.91-00 FUND BALANCE APPROPRIATED (552,323) 18,900 (533,423) Adopted Fund Total Revenues 4,704,427 217,100 4,921,527 302-4211-572.63-05 PARKS IMPROVEMENTS - 18,900 18,900 RP2131 Oyer Park-Boat Ramp 302-4905-580.63-07 CRA IMPROVEMENTS - 198,200 198,200 TR2110 Various projects Adopted Fund Total Expenses 4,704,427 217,100 4,921,527 303-0000-389.91-00 FUND BALANCE APPROPRIATED 4,405,146 331,516 4,736,662 Adopted Fund Total Revenues 8,807,146 331,516 9,138,662 303-4119-521.64-14 COMPUTER SOFTWARE - 277,500 277,500 PD2104 PD-Real Time Crime Center 303-4101-580-64-15 COMPUTER EQUIPMENT 130,000 24,016 154,016 112202 Fiber Optic Cable Replacement(City-wide) 303-4101-580-64-15 COMPUTER EQUIPMENT 30,000 184,016 GG2207 Town Square Outdoor Wi-Fi Adopted Fund Total Expenses 8,807,146 331,516 9,138,662 UTILITY FUND CAPITAL IMPROVEMENT FUND 403-0000-389.92-00 NET ASSETS APPROPR 4,230,000 14,047,575 18,277,575 Adopted Fund Total Revenues 33,080,000 14,047,575 47,127,575 403-5000-538.65-09 R&R-STORMWATER 2,915,000 1,921,446 4,836,446 UC1802 Dimmick&Potter Stormwater 403-5000-538.65-09 R&R-STORMWATER 299,045 5,135,491 UC2102 Coquina Cove Stormwater 403-5000-533.65-02 R&R-WATER 21,310,000 257,033 21,567,033 UC1802 Dimmick&Potter Water 403-5000-533.65-02 R&R-WATER 300,000 21,867,033 UC2102 Coquina Cove Water Imps 403-5000-533.65-02 R&R-WATER 795,435 22,662,468 WT2104 West Wellfield Electrical 403-5000-533.65-02 R&R-WATER 450,000 23,112,468 WT2102 West WTP R&R 403-5000-533.65-02 R&R-WATER 3,500,000 26,612,468 WT2201 East Plant Filter Refurbishment&Media Repl 403-5000-533.65-02 R&R-WATER 1,419,139 28,031,607 WT1902 EWTP Generator Replacement 403-5000-533.65-02 R&R-WATER 1,395,570 29,427,177 WT1605 New Water Quality Facility 403-5000-535.65-04 R&R-SEWER 6,865,000 2,509,260 9,374,260 SW2202 Lift Station 317 Major Upgrade 403-5000-535.65-04 R&R-SEWER 533,047 9,907,307 SW 2001 LS Control Panel R&R 403-5000-535.65-04 R&R-SEWER 500,000 10,407,307 SW 1602 Beach Plant Replacement 403-5000-536.64-15 COMPUTER EQUIPMENT 240,000 167,600 407,600 UC2202 SCADACybersecurity Adopted Fund Total Expenditures 33,080,000 14,047,575 47,127,575 UTILITY FUND CAPITAL IMPROVEMENT FUND 404-0000-389.92-00 NET ASSETS APPROPR 25,000 2,400,000 2,425,000 Adopted Fund Total Revenues 250,000 2,400,000 2,650,000 404-5000-535.65-03 SEWER 250,000 2,400,000 2,650,000 SW1902 Silverwood Estates(Force Main) Adopted Fund Total Expenditures 250,000 2,400,000 2,650,000 Utility Totals 33,330,000 16,447,575 49,777,575 S:\Finance\Budget Adjustments\FY2022.23\FY2223 Budget Rollover Amendment for P52122 Available Capital 8 udgetAm endment Worksheet 1 10/11/20224:56 PM