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 Special Revenue Funds in the amount of $11,637,782 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 SPECIAL REVENUE FUNDS.
BUILDING CODE FUND (10020) - $0 - The appropriation for operating expenses is increased ($300,000) and reserves are reduced accordingly <$300,000> to accommodate projected costs and facilitate the year-end closing process.
TRANSIT FUND (10025) - $0 - The appropriation for operating expenses is increased ($4,332,833) and reserves are reduced accordingly <$4,332,833> to accommodate projected costs and facilitate the year-end closing process. Additionally, a transfer to the Transit Corridor Program Fund (86010) is budgeted ($667,167) and reserves are reduced accordingly <$667,167> as a grant match for the State of Florida Fiscal Year 2027 Florida Commission for the Transportation Disadvantaged Grant.
LAW LIBRARY FUND (10030) - $0 - Personnel costs for the Law Library are split between the Law Library Fund (10030) and the Court Cost Fund (10105). Due to projected rev...
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