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HomeMy Public PortalAbout19-28 Final Budget AdoptionRESOLUTION 19-28 A RESOLUTION OF THE CITY OF CRESTVIEW OF OKALOOSA COUNTY, FLORIDA, ADOPTING THE FINAL BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2019 AND ENDING SEPTEMBER 30, 2020; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, The City of Crestview of Okaloosa County, Florida on September 23, 2019 held a public hearing as required by Florida Statute 200.065, and; WHEREAS, The City of Crestview of Okaloosa County, Florida, set forth the appropriations and revenue estimate for the Budget for Fiscal Year 2020 in the amount of $36,342,756. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Crestview of Okaloosa County, Florida that: 1. The Fiscal Year 2020 Tentative Budget be adopted. 2. Appropriations may be transferred within funds for the purpose of equalization when needed by a budget transfer with the approval of the City Manager and the Finance Director as necessary. 3. The City Council during Fiscal Year 2020 may, by Resolution, make any amendments to the Budget adopted by this Resolution, as it may deem necessary and proper. 4. All Budget Amendments requesting additional expenditures must also I identify the corresponding funding source. 5. This resolution shall take effect immediately upon its adoption. PASSED AND ADOPTED IN REGULAR SESSION THIS 23rd DAY OF SEPTEMBER, 2019. Attest: CITY OF CRESTVIEW, FLORIDA Shannon Hayes, Miyor Pr Te5 em Elizabeth M. Roy, City Clerk