Broward County Commission Regular Meeting
Director's Name: Norman Foster
Department: Office of Management and Budget
Information
Requested Action
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A. MOTION TO ADOPT supplemental budget Resolution No. 2021-431 within the Internal Service Funds in the amount of $200,000 to amend revenues and appropriations prior to the close of the Fiscal Year.
ACTION: (T-1:56 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. 2021-432 within the 2006B & 2016 Civic Arena Refunding Bonds Fund in the amount of $3,650 to amend appropriations prior to the close of the Fiscal Year.
ACTION: (T-1:56 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 INTERNAL SERVICE AND DEBT SERVICE FUNDS.
2006B & 2016 CIVIC ARENA REFUNDING BONDS (22010) - $3,650 - Funds are transferred from the reserve to make trustee payments in Fisc...
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