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. 2021-426 within the General Capital Outlay Fund transferring funds in the amount of $150,000 to establish a new Parks capital project.
ACTION: (T-1:54 PM) Approved. (Refer to minutes for full discussion.)
VOTE: 7-0. Commissioners Ryan and Sharief were not present.
ACTION: (T-2:19 PM) Through Mayor Geller, Commissioners Ryan and Sharief requested being shown voting in the affirmative.
VOTE: 9-0.
B. MOTION TO ADOPT supplemental budget Resolution No. 2021-427 within the Broward Municipal Services District (BMSD) Capital Fund transferring funds in the amount of $90,000 to increase an existing BMSD capital project budget.
ACTION: (T-1:54 PM) Approved. (Refer to minutes for full discussion.)
VOTE: 7-0. Commissioners Ryan and Sharief were not present.
ACTION: (T-2:19 PM) Through Mayor Geller, Commissioners Ryan and Sharief requested being shown voting in the affirmative.
VOTE: 9-0.
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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 RECOMMENDS APPROVAL OF THE FOLLOWING YEAR-END ACTIONS WITHIN THE CAPITAL FUNDS.
GENERAL CAPITAL OUTLAY FUND (30205) - $150,000 - Budgeted expenses are adjusted to fund a tour boat at the Anne Kolb Nature Center.
BROWARD MUNICIPAL SERVICES DISTRICT CAPITAL FUND (35040) - $90,000 - Budgeted expenses are adjusted to increase the capital project budget for the Dillard panther logo art project on NW 27th Avenue within the BMSD.
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.