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 Resolution No. 2021-113 authorizing the County Administrator to advertise a Public Hearing to be held May 4, 2021 at 10:00 a.m. in Room 422 of the Broward County Governmental Center for adopting supplemental budgets to recognize changes in revenues and appropriations.
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Why Action is Necessary
Supplemental budgets are required whenever the existing budgeted revenue sources are increased and the change results in an increase in the total appropriations of a fund.
What Action Accomplishes
The primary purpose of the supplemental budget amendments is to adjust the Fiscal Year 2021 budgeted fund balances to reconcile with the Fiscal Year 2020 audited financial statements.
Is this Action Goal Related
No
Previous Action Taken
None.
Summary Explanation/Background
A public hearing is requested to adopt supplemental budget amendments in various County funds, primarily to adjust the revenues and/or appropriations as needed to correspond with the Fiscal Year 2020 audited financial statements, including reconciling budgeted fund balances with actual audited fund balances.
Source of Additional Information
Norman Foster, Director, Office of Management & Budget, (954) 357-6346
Fiscal Impact
Fiscal Impact/Cost Summary
The fiscal impact of the supplemental budgets will vary by fund and will be described in each individual agenda item.