Broward County Commission Regular Meeting
Director's Name: Norman Foster
Department: Office of Management and Budget
Information
Requested Action
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MOTION TO ADOPT supplemental budget Resolution within the Capital Outlay Funds in the amount of $15,150,000 to appropriate funds for prior year commitments and to provide additional funding for other programs.
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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.
What Action Accomplishes
The primary purpose of this supplemental budget is to appropriate funds for prior year commitments. This budget amendment also includes a number of proposed new appropriations to address issues that have arisen since the adoption of the Fiscal Year 2024 budget.
Goal Related Icon(s)
?County Commission
?Go Green
?MAP Broward
Previous Action Taken
None.
Summary Explanation/Background
Staff typically presents three supplemental budget amendments per year to the Board. The purpose of the first supplemental budget amendment is primarily to appropriate funds for specific non-recurring items, which were unexpended at the end of the previous Fiscal Year. This budget amendment also includes a limited number of proposed new appropriations to address issues that have arisen since the adoption of the Fiscal Year 2024 budget. The new appropriations are highlighted individually.
THE OFFICE OF MANAGEMENT AND BUDGET RECOMMENDS APPROVAL OF THE FOLLOWING SUPPLEMENTAL BUDGET ACTIONS WITHIN THE CAPITAL OUTLAY FUNDS.
ENGINEERING CAPITAL OUTLAY FUND (30110) - $9,250,000 - The Bridge Maintenance Program budget is reallocated to create individual bridge rehabilitation and scour protection capital projects and grant revenue is appropriated to offset the cost of these projects.
CONSTITUTIONAL GAS TAX CAPITAL FUND (30115) - $0 - Bascule Bridge Scour Protection project is reduced <$1,428,000> to be rebudget...
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