File #: 21-1384   
Status: Agenda Ready
In control: PUBLIC HEARING
Agenda Date: 9/9/2021 Final action: 9/9/2021
Title: MOTION TO ADOPT supplemental budget Resolution No. 2021-416 within the General Fund in the amount of <$7,636,947> to amend revenues and appropriations prior to the close of the Fiscal Year.
Attachments: 1. Exhibit 1 - FY21 3rd Supplemental General Fund
Date Action ByActionResultAction DetailsMeeting DetailsVideo
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Broward County Commission Regular Meeting                               

Director's Name:                     Norman Foster

Department:                                          Office of Management and Budget

 

Information

Requested Action

title

MOTION TO ADOPT supplemental budget Resolution No. 2021-416 within the General Fund in the amount of <$7,636,947> to amend revenues and appropriations prior to the close of the Fiscal Year.

 

body

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 GENERAL FUND.


GENERAL FUND (10010) - <$7,636,947> - State of Florida reimbursement and election expenses are reduced due to the special elections to fill a U.S. House seat being scheduled in Fiscal Year 2022 instead of Fiscal Year 2021 <$7,653,540>.  The transfer from the BSO Fire Rescue Contract Fund is increased due to an increase in the contract with Weston and is appropriated for BSO Administration personnel services ($16,593).  The BSO reserve for future capital outlay is reduced by <$1,228,364>.  $600,000 is transferred within BSO Regional Law Enforcement from the reserve to personnel services to partially fund personnel services costs.  BSO Community Programs personnel services <$1,000,000> and capital outlay <$44,265> and BSO Detention capital outlay <$160,865> are transferred to BSO Detention personnel services ($1,205,130) to assist BSO with their year-end closing for Fiscal Year 2021.  The transfer from the General Fund to the BSO Consolidated Dispatch Contract Fund is increased by $4,000,000 to cover a projected shortfall in personnel services.  Park personnel services appropriations are reduced <$700,000> to fund transfers to the Everglades Holiday Park Fund ($580,000) and the Target Range Park Fund ($120,000) to offset projected revenue declines due to the COVID-19 pandemic.  The Hollywood set aside is reduced by <$3,021,636> as these costs will be funded with federal assistance.  The transfer to the Water Management Fund is increased by $250,000 to cover a projected shortfall in that fund.       

 

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.