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 Capital Outlay Funds in the amount of $35,332,138 to amend revenues and appropriations prior to the close of the Fiscal Year.
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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 CAPITAL OUTLAY FUNDS.
ENGINEERING CAPITAL FUND (30110) - $0 - The appropriation for the Public Works Facility Improvement project is reduced <$430,234> and funding is transferred to the Highway Bridge Facility Expansion project ($430,234) to consolidate funding for ongoing facility improvement projects at the Highway and Bridge Maintenance Division Administration facility.
GENERAL CAPITAL OUTLAY FUND (30205) - $20,000,000 - The transfer from the General Fund (10010) is increased, and funding is appropriated for Future Facility Needs including the potential purchase of property ($20,000,000). Reserves are reduced <$95,573,054> and the appropriations for the Emergency Operations and Communications Center project ($70,102,281), the Government Center East Replacement project ($21,583,688), and the Radio Tower Generator Replacement project ($200,000) are increased to provide additional one-t...
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