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Agenda 01/11/2011 Item #17B Agenda Item No. 178 January 11, 2011 Page 1 of 3 EXECUTIVE SUMMARY Recommendation to adopt a resolution approving amendments (appropriating carry forward, transfers and supplemental revenue) to the Fiscal Year 2010-11 Adopted Budget. OBJECTIVE: That the Board of County Commissioners adopts the attached resolution and the related amendments that amend the Fiscal Year 2010-11 adopted budget in accordance with Section 129.06, Florida Statutes. CONSIDERATIONS: Section 129.06, Florida Statutes defines how an annual budget, as adopted by the Board, can be amended. Certain budget amendments that increase the total appropriations of a fund over the adopted annual budget must be approved by resolution of the Board of County Commissioners after an advertised public hearing. Budget amendments requiring such approval include the appropriation of carry forward, interfund transfers, and supplemental revenue. The budget amendments m the attached resolution cover Board approved items through January 11, 2011. This is a public hearing to amend the budget for Fiscal Year 2010-11. Each of these budget amendments has been reviewed and approved by the Board of County Commissioners via separate Executive Summaries. A summary of the attached resolution has been advertised as required in Section 129.06 Florida Statutes. The attached resolution was available for public review and inspection with the related budget amendments and executive summary at the Office of Management and Budget. The amendments and summary are included herein by reference in the resolution. FISCAL IMPACT: The amendments and related executive summaries, which were previously considered and approved by the Board, contained their respective fiscal impact statements. GROWTH MANAGEMENT IMPACT: There IS no Growth Management Impact associated with this Executive Summary. LEGAL CONSIDERATIONS: The County Attorney's Office has reviewed and approved the attached resolution for legal sufficiency - JAK. RECOMMENDATION: That the Board adopts the attached resolution amending the Fiscal Year 2010-11 adopted budget. Prepared by: Mark Isackson, Corporate Financial Planning and Management Services County Manager's Office Item Number: Item Summary: Meeting Date: COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS Agenda Item No. 178 January 11, 2011 Page 2 of 3 178 Recommendation to adopt a resolution approving amendments (appropriating carry forward, transfers and supplemental revenue) to the Fiscal Year 2010-11 Adopted Budget. 1/11/2011 9:00:00 AM Approved By OMB Coordinator County Manager's Office Office of Management & Budget Date 12/31/20103:31 PM Approved By Jeff Klatzkow County Attorney Date Approved By 12/31/20104:02 PM Susan Usher Office of Management & Budget Management/Budget Analyst, Senior Office of Management & Budget Date 1/4/201110:14 AM Approved By Mark Isackson Office of Management & Budget Management/Budget Analyst, Senior Office of Management & Budget Date 1/4/201110:26AM Agenda Item No, 178 RESOLUTION NO. 11- January 11, 2011 Page 3 of 3 A RESOLUTION PURSUANT TO SECTION 129.06(2), FLORIDA STATUTES, AMENDING THE BUDGET FOR THE 2010-11 FISCAL YEAR. WHEREAS, Section 129.06(2), Florida Statutes, provides that the Board of County Commissioners (hereinafter also referred to as "Board") at any time within a fiscal year may amend a budget for that year, and provides the procedures therefore; and WHEREAS, the Board of County Commissioners of Collier County, Florida, has received copies of budget amendments which appropriate: unanticipated carry forward, or make transfers from one fund to another; and WHEREAS, the Board has determined that it is appropriate to amend the Budget for Fiscal Year 2010-11 by resolution pursuant to Section 129.06, Florida Statutes. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY, FLORIDA, that the budget amendments to the FY 2010-11 Budget described below are approved and hereby adopted and the FY 2010- I I Budget is so amended, FUND BUDGET AMENDMENT NUMBERS INCREASE (DECREASE) CARRY FORWARD OR INTERFUND TRANSFERS INCREASE (DECREASE) RECEIPT 429 11-077 (l2/]4/10-16A20) $2,868 Transfer funds from Fund 427 for auto purchase, $23,200 INCREASE INCREASE INCREASE (DECREASE) (DECREASE) (DECREASE) INTERFUND EXPENDITURE RESERVES TRANSFERS $140,947 $348,488 $1,416,349 $1,4] 6,349 $26,068 $],020,778 101 11-072 (11/9/10-16A3) $140,947 Transfer of Carry-forward Transportation ROW funds to Fund 102, 298 11-102 (iOi26iIO-JOC) $348,488 Transfer funds to redeem long tenn interest debt. 412 11-113 (10/26/10-10C) $1.416,349 Transfer funds to partially pay back loan. 414 1]-114 (lO/26/10-10C) $1,416,349 Transfer funds to partially pay back loan. 471 J 1-112 (lO/26/10-10C) $1,020,778 Transfer funds to partially pay back loan, BE IT FURTHER RESOLVED that the Clerk is hereby ordered and directed to spread this Resolution in full among the minutes of this meeting for permanent record in his office. This Resolution adopted this II th day of January, 2011, after motion, second and majority vote. ATTEST: DWIGHT E, BROCK. Clerk BOARD OF COUNTY COMMISSIONERS COLLIER COUNTY, FLORIDA By: DEPUTY CLERK By: FRED W, COYLE, CHAIRMAN Ap ov s fOlm and leg u y: Jeffre , County Attorney - 1 -