Broward County Commission Regular Meeting
Director's Name: Norman Foster
Department: Office of Management and Budget
Information
Requested Action
title
A. MOTION TO ADOPT supplemental budget Resolution No. 2020-749 to 2020-751 within the Enterprise Funds in the amount of $3,671,074 primarily to reappropriate funds for prior year commitments and to transfer funds out of reserve.
ACTION: (T-10:52 AM) Approved. (Refer to minutes for full discussion.)
VOTE: 9-0. Commissioner Rich voted in the affirmative telephonically.
B. MOTION TO ADOPT supplemental budget Resolution No. 2020-752 transferring funds within the FLL Capital Fund in the amount of $400,000 to increase the budget for the Information Systems Communications Room Improvements project.
ACTION: (T-10:52 AM) Approved. (Refer to minutes for full discussion.)
VOTE: 9-0. Commissioner Rich 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 to the total appropriation of a fund.
What Action Accomplishes
The primary purpose of this supplemental budget is to reappropriate funds for prior year commitments. This budget amendment also includes a number of proposed new appropriations to address issues that have arisen since the adoption of the Fiscal Year 2021 budget.
Is this Action Goal Related
No
Previous Action Taken
None
Summary Explanation/Background
Staff typically presents three supplemental budget amendments per year to the Board. The purpose of the first supplemental budget amendment is primarily to reappropriate funds for specific non-recurring items, which were unexpended at the end of the fiscal year. This budget amendment also includes a limited number of proposed new appropriations to address issues that have arisen since the adoption of the Fiscal Year 2021 budget. The new appropriations are highlighted individually.
THE OFFICE OF MANAGEMENT AND BUDGET RECOMMENDS APPROVAL OF THE FOLLOWING SUPPLEMENTAL BUDGET ACTION WITHIN THE ENTERPRISE FUNDS.
FLL CAPITAL FUND - $400,000 - Funds are transferred from the Facility Improvement Allowance project to Information Systems Communications Room Improvements project for basic safety and critical infrastructure improvements identified in an audit.
PORT EVERGLADES OPERATING FUND - $586,196 - Fund balance is reappropriated for professional planning, economic impact, and other studies to be conducted in Fiscal Year 2021 as approved by the Board on June 2, 2020 ($500,000) and legal fees related to the U.S. Department of Transportation’s Transportation Infrastructure Finance and Innovation Act loan program ($86,196).
SOLID WASTE FUND - $2,259,420 - Fund balance is reappropriated for prior year commitments, including capital equipment replacement ($1,726,310), building and land improvements ($485,380), and other prior year operating commitments ($47,730).
WATER & WASTEWATER OPERATING FUND - $825,458 - Fund balance is reappropriated for prior year commitments, primarily for system improvements and assessments ($315,792), computer system and software upgrades ($269,344), and vehicle and equipment repair/replacements ($240,322), and funds transferred from reserve are appropriated for workorder items on the system and buildings to record asset management and maintenance activities during the Fiscal Year ($2,200,000).
Source of Additional Information
Norman Foster, Director, Office of Management and Budget, (954) 357-6346
Fiscal Impact
Fiscal Impact/Cost Summary
The fiscal impact is detailed above in the Summary Explanation/Background section of the agenda item.