Broward County Commission Regular Meeting
Director's Name: Norman Foster
Department: Office of Management and Budget
Information
Requested Action
title
MOTION TO ADOPT budget Resolutions within the Capital Outlay Funds in the amount of $18,200 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)
?County Commission
?Go Green
?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 CAPITAL FUNDS.
Fund
Transfer to General Fund
Adjustment to Reserves
Grand Total
30110 - Engineering Capital Outlay
120,833
(120,833)
-
35020 - Tourist Development Capital
4,068
(4,068)
-
35025 - Convention Center Hotel Bond Fund
3,648
(3,648)
-
Grand Total
128,549
(128,549)
-
The preceding table reflects funds with a budgeted adjustment to reserve to fund a transfer to the General Fund to reimburse for additional group insurance costs incurred in Fiscal Year 2024.
GENERAL CAPITAL OUTLAY FUND (30205) - $13,510 -
Office of the Medical Examiner & Trauma Services: The following project appropriations are reduced as they are complete or inactive and funds are transferred to reserve for project commitments: the Medical Examiner Replacement Equipment project <$34,500> and the Toxicology Instrument project <$152,226>.
County Administration, Office of Emergency Management: The following project appropriation is re...
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