Broward County Commission Regular Meeting
Director's Name: Norman Foster
Department: Office of Management and Budget
Information
Requested Action
title
A. MOTION TO ADOPT supplemental budget Resolution Nos. 2020-444 through 2020-450 within the Special Revenue Funds in the amount of <$44,217,519> to amend revenues and appropriations prior to the close of the Fiscal Year.
(Item Numbers 33, 34, 35, 36, 37, 38 and 39 were taken up and voted on together.)
ACTION: (T-3:39 PM) Approved. (Refer to minutes for full discussion.)
VOTE: 9-0. Commissioner Rich and Vice-Mayor Geller voted in the affirmative telephonically.
B. MOTION TO ADOPT supplemental budget Resolution No. 2020-451 within the Convention Center and Visitors Bureau Fund transferring funds in the amount of $8,091,670 to adjust budgeted transfers from debt service to special revenue fund.
(Item Numbers 33, 34, 35, 36, 37, 38 and 39 were taken up and voted on together.)
ACTION: (T-3:39 PM) Approved. (Refer to minutes for full discussion.)
VOTE: 9-0. Commissioner Rich and Vice-Mayor Geller voted in the affirmative telephonically.
C. MOTION TO ADOPT supplemental budget Resolution No. 2020-452 within the Convention Center Fund transferring funds in the amount of $25,000 to mitigate for decrease to tourist tax revenue transfer.
(Item Numbers 33, 34, 35, 36, 37, 38 and 39 were taken up and voted on together.)
ACTION: (T-3:39 PM) Approved. (Refer to minutes for full discussion.)
VOTE: 9-0. Commissioner Rich and Vice-Mayor Geller voted in the affirmative telephonically.
D. MOTION TO ADOPT supplemental budget Resolution No. 2020-453 within the Transportation Surtax Fund transferring funds in the amount of $49,120 to fund one Assistant County Attorney position in the General Fund.
(Item Numbers 33, 34, 35, 36, 37, 38 and 39 were taken up and voted on together.)
ACTION: (T-3:39 PM) Approved. (Refer to minutes for full discussion.)
VOTE: 9-0. Commissioner Rich and Vice-Mayor Geller voted in the affirmative telephonically.
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Why Action is Necessary
Supplemental budgets are required whenever existing revenue sources are increased or decreased, resulting in a change in the total appropriations of a fund.
What Action Accomplishes
The primary purpose of this supplemental budget is to make year-end adjustments to facilitate the year-end closing process.
Is this Action Goal Related
No
Previous Action Taken
None
Summary Explanation/Background
Staff presents three supplemental budgets per year to the Board. The third supplemental budget is for the purpose of making year-end adjustments to various revenues and appropriations.
THE OFFICE OF MANAGEMENT AND BUDGET RECOMMENDS APPROVAL OF THE FOLLOWING YEAR-END ACTIONS WITHIN THE SPECIAL REVENUE FUNDS.
BSO LAW ENFORCEMENT CONTRACTS FUND (11015) - <$6,987,240> - Budgeted revenues and appropriations are increased for additional personnel services ($33,341), operating ($8,710), capital outlay ($20,092), and transfers ($1,374) as agreed upon between BSO and Cooper City ($30,341) and BSO and the City of Parkland ($33,176). Budgeted revenues and appropriations for personnel services (-$431,005), operating (-$17,500), capital outlay (-$41,152), and transfers (-$15,000) are reduced due to a staff reduction agreed upon between BSO and the City of Lauderdale Lakes (-$504,657). Budgeted revenues from special details and appropriations for personnel services are reduced by $5,000,000 and budgeted revenues from Port Everglades and appropriations for personnel services ($1,526,100) and operating ($20,000) are reduced by $1,546,100. These changes were requested by BSO to assist in closing their financial records for Fiscal Year 2020.
BSO FIRE RESCUE CONTRACTS FUND (11020) - <$20,009> - Budgeted revenues and appropriations for operating (-$7,036) and capital outlay (-$12,973) are reduced to assist BSO in closing their financial records for Fiscal Year 2020.
BSO LAW ENFORCEMENT TRUST FUND (11305) - $2,268,400 - Revenues are adjusted, and additional funds are appropriated to reserves.
CONVENTION CENTER AND VISITORS BUREAU FUND (11405) - $8,091,670 - Budgeted revenues, including contributions and donations and the transfer from the Four Cent Tourist Tax Revenue Fund, are increased to offset the reduction in the Two Cent Tourist Taxes with the transfer from the Arena Debt Service Fund.
CONVENTION CENTER FUND (11410) - $25,000 - Budgeted revenues are increased to offset the reduction to the transfer from the Four Cent Tourist Tax Revenue Fund and mitigate the impact of declining Tourist Tax Revenues on other Tourist Development Tax Programs.
TWO CENT TOURIST TAX REVENUE FUND (11415) - <$8,086,670> - Budgeted revenues are adjusted to account for the Fiscal Year 20 forecasted decrease in tourist development taxes and the transfer to the Arena Debt Service fund is reduced accordingly.
FOUR CENT TOURIST TAX REVENUE FUND (11420) - <$15,595,600> - Budgeted revenues are adjusted to account for the Fiscal Year 20 forecasted decrease in tourist development taxes, as well as budgeting the receipt of unanticipated revenues to partially offset the revenue reduction. The transfers to the Convention Center and Visitors Bureau fund, the Convention Center Fund, the Tourist Development Tax Capital fund, and the Beach Capital Fund are adjusted accordingly.
CONSTITUTIONAL GAS TAX FUND (11510) - <$1,838,200> - Budgeted revenues are adjusted and the transfer to the Constitutional Gas Tax Capital fund is reduced accordingly.
LOCAL OPTION GAS TAX FUND (11520) - <$13,958,200> - Budgeted revenues are adjusted and the transfer to the Transit Operating fund is reduced accordingly. Transit will utilize a portion of their CARES funding to offset this reduction in gas taxes.
TRANSPORTATION SURTAX FUND (11600) - $49,120 - Budgeted expenses are adjusted to fund a transfer to the General Fund for an Assistant County Attorney position mid-year in Fiscal Year 20.
Source of Additional Information
Norman Foster, Director, Office of Management and Budget, (954) 357-6346
Fiscal Impact
Fiscal Impact/Cost Summary
The fiscal impact is detailed above in the Summary Explanation/Background section of the agenda item.