Broward County Commission Regular Meeting
Director's Name: Norman Foster
Department: Office of Management and Budget
Information
Requested Action
title
MOTION TO ADOPT supplemental budget Resolution Nos. 2020-169 through 2020-187 within the Special Revenue Funds in the amount of $257,968,508 to adjust the fund balance and other budgeted revenues and appropriate funds to reserves and other commitments.
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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 adjust the budgeted fund balance in order to correspond to the audited 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 2020 budget.
Is this Action Goal Related
No
Previous Action Taken
None
Summary Explanation/Background
Staff presents three supplemental budgets per year to the Board. The purpose of the second supplemental budget is primarily to adjust the budgeted fund balance to correspond to the audited amounts. 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 SUPPLEMENTAL BUDGET ACTIONS WITHIN THE SPECIAL REVENUE FUNDS.
BSO LAW ENFORCEMENT CONTRACTS FUND (11015) - $5,369,425 - Budgeted fund balance is adjusted ($4,961,656) and is transferred to the General Trust Fund for Other Post Employment Benefits. An increase to the contract for Law Enforcement services between BSO and the City of Pompano Beach for additional personnel is budgeted ($407,769).
BSO FIRE RESCUE CONTRACTS FUND (11020) - $20,457,360 - Budgeted fund balance is adjusted ($7,615,443) and is transferred to the General Trust Fund for Other Post Employment Be...
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