Broward County Commission Regular Meeting
Director's Name: Jennifer Steelman
Department: Office of Management and Budget
Information
Requested Action
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MOTION TO ADOPT budget Resolution within the Print Shop Fund transferring $100,000 from reserve to account for additional unanticipated expenses incurred in Fiscal Year 2025.
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Why Action is Necessary
Transferring funds from reserves requires approval of the Board of County Commissioners.
What Action Accomplishes
Transfers $100,000 from the Print Shop Fund reserve to account for additional unanticipated expenses that occurred in Fiscal Year 2025, which require additional budget transferred from reserve.
Goal Related Icon(s)
☐County Commission
☐Go Green
☐MAP Broward
Previous Action Taken
None.
Summary Explanation/Background
Under Florida Statutes 129.06(2)(b), the Board of County Commissioners, within the first 60 days of a new fiscal year, may amend the budget of the prior fiscal year and transfer funds from reserve to appropriations within the same fund.
This action transfers budget from reserves within the Print Shop Fund to account for unanticipated expenditures that occurred during the final period of Fiscal Year 2025, so budget will be available to accommodate the expenses.
Source of Additional Information
Jennifer Steelman, Director, Office of Management & Budget, (954) 357-6226
Fiscal Impact
Fiscal Impact/Cost Summary
The Print Shop Fund reserve is budgeted at $1,294,295 in Fiscal Year 2025. This action would reduce that reserve by $100,000.