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 Enterprise Funds in the amount of $178,370,229 primarily to adjust the fund balances and other budgeted revenues and to appropriate funds to reserves and other commitments.
body
Why Action is Necessary
Budget amendments 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 budget amendment 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 2026 budget.
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 purpose of the second budget amendment is primarily to reconcile the fund balances. This budget amendment also includes a number of proposed appropriations which are highlighted individually below.
THE OFFICE OF MANAGEMENT AND BUDGET RECOMMENDS APPROVAL OF THE FOLLOWING BUDGET ACTIONS WITHIN THE ENTERPRISE FUNDS.
Fund
Group Insurance
Transfer to Benefits Fund
Change in Reserves
Grand Total
40300 - Aviation Bonds
$0
$0
<$60,688,950>
<$60,688,950>
47100 - Solid Waste Operating
$0
$55,740
$941,644
$997,384
Grand Total
$0
$55,740
<$59,747,306>
<$59,691,566>
The preceding table reflects funds with a combination of adjustments either to a budgeted transfer to the Benefits Fund to reimburse for additional group insurance costs incurred in Fiscal Year 2025, an adjustment to the group insurance budget for costs occurring in Fiscal Year 2026, or an adjustment to reserv...
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