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Item S5 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: February 15, 2006 Division: Budget & Finance Bulk Item: Yes No Department: OMB Department Contact: Tina Boan AGENDA ITEM WORDING: A public hearing at 5:01 P.M.: to consider a Budget Amendment to the General Fund 001 and approval of a resolution for the receipt of unanticipated funds. ITEM BACKGROUND: The Fiscal Year 2006 budget needs to be amended in order to increase the grant match as a result of Hurricane Wilma. The county is required to match the federal disaster relief grant funding up to 12.5% depending on what category the expense falls under. This match is routinely appropriated from the General Fund (001). PREVIOUS RELEVANT BOCC ACTION: On January 18,2006 the Board granted approval to advertise a public hearing. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATIONS: Approval. TOTAL COST: $3,000,000 BUDGETED: Yes NoX COST TO COUNTY: N/A SOURCE OF FUNDS: Fund 001 Fund Balance REVENUE PRODUCING: Yes No AMOUNT PER MONTH Year ///" - OMB/Purchasing V Risk Management ~" ~W"~~ APPROVED BY: County Atty _ DIVISION DIRECTOR APPROVAL: DOCUMENTATION: Included To Follow_ Not Required DISPOSITION: AGENDA ITEM # Revised 1/03 Notice of Supplemental Budget Hearing Pursuant to the provisions of Sectiou 129.03, Florida Statutes, notice is hereby given that a Public Hearing will be held by the Board of County Commissioners of Monroe County, Florida, on February 15,2006, at the hour of 5:01 p.m. at The Key Largo Library, Tradewinds Shopping Center, 101485 Overseas Highway, Mile Marker 101 for the purpose of receiving any comments on the Proposed Supplemental Budget Amendment for the fiscal year beginning October 1,2005, and ending September 30, 2006, for the General Fund, #001. General Fund -001 Current Ine./(Dee. ) Revised Revenues: Budget Budget 001-389002 Fund Balance Forward $18,441,848.00 $3,000,000.00 $21,441,848.00 OOI-xxxxxxxx All Other Revenue $30,267,055.00 $0.00 $30,267,055.00 Total $48,708,903.00 $3,000,000.00 $51,708,903.00 Appropriations: 001-5810-1000-86500-590125 Budgeted Transfers Fund 001 $0.00 $3,000,000.00 $3,OO(),OOO.OO 0OI-xxxx-xxxx-xxxxx-xxxxxx All Other Expenditures $48,708,903.00 $0.00 $48,708,903.00 Total $48,708,903.00 $3,000,000.00 $51,708,903.00 Resolution No. - 2006 A RESOLUTION CONCERNING THE RECEIPT OF UNANTICIPATED FUNDS WHEREAS, it is necessary for the Board of County Comrnissioners of Monroe County, Florida, to increase items to account for unanticipated funds in the Monroe County Budget for the Fiscal Year 2006, now therefore, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA, that the following accounts of the Monroe County Budget for the Fiscal Year 2006 be and the same is hereby increased by the amount hereinafter set forth: Fund # 001 General Fund Revenue: 001-389002 Total Revenue: Fund Balance Forward $3,000,000.00 $3,000,000.00 Appropriations: 001-5810-86500-590125 Total Appropriations: Transfer to 125 Governmental Grant Fund $3,000,000.00 $3,000,000.00 BE IT FURTHER RESOLVED BY SAID BOARD, that the Clerk of said Board, upon receipt of the above unanticipated funds, is hereby authorized and directed to place funds in said items, as set forth above. PASSED AND ADOPTED by the Board of County Commissioners of Monroe County, Florida, at a regular meeting of said Board held on the] 5th day of February, AD 2006. Mayor McCoy Mayor Pro Tern Nelson Commissioner Neugent Commissioner Rice Commissioner Spehar BOARD OF COUNTY COMMISSIONERS OF MONROE COUNTY, FLORIDA By: Mayor/Chairman (Seal) Attest: DANNY L. KOLI-IAGE, Clerk Item 36 Ullallt 82506