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 Nos. 2021-243 - 2021-253 within the Capital Funds in the amount of $70,052,461 to adjust fund balance and other budgeted revenues and appropriate funds to reserves and other project commitments.
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Why Action is Necessary
Supplemental budgets are required whenever existing revenue sources are increased or decreased, resulting in a change to the total appropriation of a fund or for the creation of a new capital project over $25,000.
What Action Accomplishes
The primary purpose of this supplemental budget is to recognize the difference between the preliminary fund balance and the current budgeted fund balance of each fund. This budget amendment also includes a number of proposed appropriations to address issues that have arisen since the adoption of the Fiscal Year 2021 budget.
Is this Action Goal Related
No
Previous Action Taken
None
Summary Explanation/Background
Staff presents three supplemental budgets per year to the Board. The purpose of the second supplemental budget is primarily to reconcile the fund balances. This budget amendment also includes a number of proposed appropriations which are highlighted individually below. In general, additional fund balance is appropriated to reserves for allocation in the Recommended Fiscal Year 2022-2026 capital program.
THE OFFICE OF MANAGEMENT AND BUDGET RECOMMENDS APPROVAL OF THE FOLLOWING SUPPLEMENTAL BUDGET ACTIONS WITHIN THE CAPITAL FUNDS.
STREETS AND HIGHWAYS CAPITAL FUND (30105) - $990,000 - Budgeted fund balance is adjusted and additional one-time funds are transferred from the Constitutional Gas Tax fund. The funds are appropriated for the construction of a wall along 136th Avenue ($530,000) and for railroad crossings rehabilitation projects at NW 48th Street/Green Road and NE 56th Street ($460,000).
ENGINEERING CAPITAL OUTLAY FUND (30110) - $7,691,909 - Budgeted fund balance is adjusted and the transfer from the Local Option Gas Tax Special Revenue Fund is increased. Funds are appropriated for traffic signal, streetlight, and signage and pavement marking maintenance ($2,000,000) and the remaining is appropriated to reserves ($5,640,189). In addition, funds are appropriated for communication systems maintenance and are offset by a reimbursement payment from Florida Power and Light ($51,720).
CONSTITUTIONAL GAS TAX CAPITAL FUND (30115) - <$164,953> - Budgeted fund balance is adjusted <$524,633>, the transfer from the Constitutional Gas Tax Special Revenue Fund is increased ($359,680) and the reserve is adjusted accordingly.
GENERAL CAPITAL FUND (30205) - $61,204,618:
Public Works Department, Construction Management: <$882,619> reduction to the Hallandale Library Refresh project and <$277,458> reduction to the Main Library Exterior Refurbishment project as these projects are now budgeted in the Libraries Bond Capital Fund. $140,000 for cost increases related to the North Family Success Center Roof Replacement; $41,725 for cost increases related to the buildout of space at the Broward County Judicial Complex (BCJC) South Parking Garage to house a section of the Human Services Department; $54,000 for cost increases related to the ongoing renovation at the Fleet Services #3 facility; $148,937 to reimburse funds transferred from the Emergency Operations Center Replacement and Public Safety Answering Point project for cost increases in other General Capital projects earlier in FY21; $125,000 for cost increases related to the acquisition and installation of a new generator at the North and East Wings of the BCJC; $44,885 for cost increases related to the security and entrance remodel at Broward Addiction and Recovery Center - Booher Building; $6,567,640 of additional funds for the construction phase of the 500 Car Garage project at the BCJC; $334,500 for cost increases related to the repairs at the Historic Coca Cola Building; $139,000 for cost increases related to the replacement of chillers at the Main Library; $3,821,000 for the construction phase of the BCJC Courthouse Drive Perimeter Security Improvements; and $38,117,164 to substantially fund renovation and construction costs of the Supervisor of Election’s new administrative offices and warehouse.
Parks and Recreation Division: $600,000 to repair damage at the mountain bike trails of Quiet Waters Park funded by a transfer from Water and Wastewater.
Non-Departmental: <$879,110> reduction to the fund’s reserve for project contingencies to fund the project cost increases referenced above; a <$6,890,046> reduction in the transfer to the Courthouse Bond to keep the remainder of the county funds in the general capital fund; and a $20,000,000 increase to the reserve for project commitments to support costs of capital projects in Fiscal Year’s 2021- 2026.
COURTHOUSE BOND CAPITAL FUND (35010) - <$8,600,033> - Budgeted fund balance is adjusted and the transfer from the General Capital Fund is reduced as those county funds will fund courthouse projects out of the General Capital Fund. The County funded portion of the BCJC New Court Facility project is reduced accordingly.
TOURIST DEVELOPMENT CAPITAL FUND (35020) - $6,750,000 - Additional fund balance, transfers and a reallocation of existing project funds are adjusted to fund these projects: a roof repair at the West Expansion of the Convention Center ($4,500,000); to acquire and install necessary network equipment and infrastructure for Wi-Fi services at the Convention Center ($1,750,000); and to waterproof the east façade of the Convention Center ($600,000).
CONVENTION CENTER HOTEL BOND CAPITAL FUND (35025) - $174,797 - Budgeted fund balance is adjusted and appropriated to the Convention Center Hotel Headquarters project.
BEACH RENOURISHMENT CAPITAL FUND (35030) - $0 - Budgeted fund balance is adjusted <$907,525> and the transfer from the Four Cent Tourist Tax Revenue Fund is increased accordingly ($907,525).
BROWARD MUNICIPAL SERVICES DISTRICT CAPITAL FUND (35040) - <$25,056> - Fund balance is adjusted, and reserves are reduced accordingly.
LIBRARIES BOND CAPITAL FUND (35050) - $1,644,478 - Additional fund balance is appropriated for cost increases to the Hallandale Library Refresh project ($85,000) and the Main Library Exterior Refurbishment project ($358,600). In addition, portions of the Hallandale Library Refresh and Main Library Exterior Refurbishment projects budgets were reduced in the General Capital Fund and re-budgeted in Libraries Bond Capital Fund ($1,180,478).
PARKS AND LAND PRESERVATION BOND CAPITAL FUND (35060) - $386,701 - Additional fund balance is appropriated to the Tradewinds North Improvements project.
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.