Broward County Commission Regular Meeting
Director's Name: Norman Foster
Department: Office of Management and Budget
Information
Requested Action
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MOTION TO ADOPT supplemental budget Resolution Nos. 2020-463 through 2020-466 within the Enterprise Funds in the amount of <$2,622,776> to amend revenues and appropriations prior to the close of the Fiscal Year.
(Item Numbers 33, 34, 35, 36, 37, 38 and 39 were taken up and voted on together.)
ACTION: (T-3:39 PM) Approved. (Scrivener's Error - See County Administrator's Report: Missing the A. and B. in front of the Motions.) (Refer to minutes for full discussion.)
VOTE: 9-0. Commissioner Rich and Vice-Mayor Geller voted in the affirmative telephonically.
MOTION TO ADOPT supplemental budget Resolution No. 2020-467 transferring funds within the Passenger Facility Charge (PFC) Capital Fund in the amount of $4,926,606 due to reduction in the transfer amount to debt service and allocation to reserves.
(Item Numbers 33, 34, 35, 36, 37, 38 and 39 were taken up and voted on together.)
ACTION: (T-3:39 PM) Approved. (Scrivener's Error - See County Administrator's Report: Missing the A. and B. in front of the Motions.) (Refer to minutes for full discussion.)
VOTE: 9-0. Commissioner Rich and Vice-Mayor Geller voted in the affirmative telephonically.
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Why Action is Necessary
Supplemental budgets 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 supplemental budget is to make year-end adjustments to facilitate the year-end closing process.
Is this Action Goal Related
No
Previous Action Taken
None
Summary Explanation/Background
Staff presents three supplemental budgets per year to the Board. The third supplemental budget is for the purpose of making year-end adjustments to various revenues and appropriations.
THE OFFICE OF MANAGEMENT AND BUDGET REC...
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