Broward County Commission Regular Meeting
Director's Name: Jennifer Steelman
Department: Office of Management and Budget
Information
Requested Action
title
MOTION TO ADOPT budget Resolutions within the Internal Service Funds in the amount of $250,000 to amend revenues and appropriations prior to the close of the Fiscal Year.
body
Why Action is Necessary
Budget amendments 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 budget amendment is to make year-end adjustments to facilitate the year-end closing process.
Goal Related Icon(s)
N/A County Commission
N/A Go Green
N/A MAP Broward
Previous Action Taken
None
Summary Explanation/Background
Staff presents three budget amendments per year to the Board. The third budget amendment 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 INTERNAL SERVICE FUNDS.
FLEET SERVICES FUND (50100) - $250,000 - Additional revenues from sublet repairs are recognized and funding is appropriated for associated operating expenses.
OFFICE OF PUBLIC COMMUNICATIONS - PRINT SHOP FUND (50200) - $0 - The appropriation for operating expenses is increased ($100,000) and reserves are reduced accordingly <$100,000> to accommodate projected costs and facilitate the year-end closing process.
|
Fund |
Current FY26 Modified Budget |
Amended Amount |
Revised FY26 Budget |
|
50100 - Fleet Services |
$19,742,210 |
$250,000 |
$19,992,210 |
|
50200 - Office of Public Communications - Print Shop |
$2,443,983 |
$0 |
$2,443,983 |
|
Grand Total |
$22,186,193 |
$250,000 |
$22,436,193 |
Source of Additional Information
Jennifer Steelman, Director, Office of Management and Budget, (954) 357-6226
Fiscal Impact
Fiscal Impact/Cost Summary
The fiscal impact is detailed above in the Summary Explanation/Background section of the agenda item.