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File #: 22-455   
Status: Agenda Ready
In control: PUBLIC HEARING
On agenda: 5/10/2022 Final action:
Title: A. MOTION TO ADOPT supplemental budget Resolution within the Debt Service Funds in the amount of $80,108,905, primarily to adjust fund balances and to appropriate funds to reserves. ACTION: (T-10:51 AM) Approved Resolution Nos. 2022-254 to 2022-260. (Refer to minutes for full discussion.) VOTE: 8-0. Commissioner Bogen voted in the affirmative telephonically. Commissioner Geller was not present. B. MOTION TO ADOPT supplemental budget Resolution within the Internal Service Funds in the amount of $9,689,595, primarily to adjust fund balances and other budgeted revenues and to appropriate funds to reserves and other commitments. ACTION: (T-10:51 AM) Approved Resolution Nos. 2022-261 to 2022-267. (Refer to minutes for full discussion.) VOTE: 8-0. Commissioner Bogen voted in the affirmative telephonically. Commissioner Geller was not present.
Attachments: 1. Exhibit 1 - FY22 2nd Supplemental - Debt Service Funds, 2. Exhibit 2 - FY22 2nd Supplemental - Internal Service Funds
Date Action ByActionResultAction DetailsMeeting DetailsVideo
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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 within the Debt Service Funds in the amount of $80,108,905, primarily to adjust fund balances and to appropriate funds to reserves.
ACTION: (T-10:51 AM) Approved Resolution Nos. 2022-254 to 2022-260. (Refer to minutes for full discussion.)

VOTE: 8-0. Commissioner Bogen voted in the affirmative telephonically. Commissioner Geller was not present.

B. MOTION TO ADOPT supplemental budget Resolution within the Internal Service Funds in the amount of $9,689,595, primarily to adjust fund balances and other budgeted revenues and to appropriate funds to reserves and other commitments.

ACTION: (T-10:51 AM) Approved Resolution Nos. 2022-261 to 2022-267. (Refer to minutes for full discussion.)

VOTE: 8-0. Commissioner Bogen voted in the affirmative telephonically. Commissioner Geller was not present.


body
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 recognize the difference between the preliminary fund balance and the current budgeted fund balance of each fund. This budget amendment also includes a number of proposed appropriations to address issues that have arisen since the adoption of the Fiscal Year 2022 budget.

Is this Action Goal Related
No

Previous Action Taken
None

Summary Explanation/Background
Staff presents three supplemental budgets per year to the Board. The purpose of the second supplemental budget is primarily to reconcile the fund balances. In general, additional fund balance is appropriated to the reserve or debt service/other commitments.

THE OFFICE OF MANAGEMENT AND BUDGET RECOMMENDS APPROVAL OF THE FOLLOWING SUPPLEMENTAL B...

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