HomeMy Public PortalAboutResolution 2021-9 Budget AmendmentRESOLUTION: 2021-9
A RESOLUTION OF THE CITY OF CRESTVIEW, FLORIDA,
AMENDING THE BUDGET TO MORE ACCURATELY REFLECT
ESTMATED REVENUES AND APPROPRIATIONS. THE
AMENDMENTS ARE THE RESULT OF VARIOUS FACTORS,
INCLUDING: INCREASES IN ESTIMATED REVENUES AND/OR
APPROPRIATIONS TO MORE ACCURATELY REFLECT THE
PROJECTIONS FOR DEPARTMENTS; PROVIDING FOR
DISTRIBUTION TO ALL DEPARTMENTS OF RECORD AND
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, The City Council has determined that it is in the best interest of the City to amend its budget for
the fiscal year 2021; and
WHEREAS, The City's budget needs to be amended to reflect such change.
NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Crestview of Okaloosa County,
Florida that:
1. The Budget is amended to accurately reflect estimated revenues and appropriations, a copy of which is
attached hereto.
2. This resolution shall take effect immediately upon its adoption.
PASSED AND ADOPTED IN REGULAR SESSION THIS 12th DAY OF APRIL, 2021
CITY OF CRESTVIEW, FLORIDA
JB Whitten, Mayor
Att w
lizabet i M. Roy, City Clerk
Page 222 of 297
RESOLUTION NO. # 2021-09
FUND: General Fund
EXPENSE BUDGET
ACCOUNT NUMBER
001-0311-511-95-00
ACCOUNT DESCRIPTION
Contingencies
REVENUE BUDGET
ACCOUNT NUMBER
001-0000-331-90-00
Grants
DEPARTMENT: General & Administrative
CURRENT BUDGET
AMOUNT
280,000
LINE ITEM TOTAL
INC/DECREASE
AMOUNT
4,410,118
REVISED BUDGET
AMOUNT
4,690,118
ACCOUNT DESCRIPTION
4,410,118
CURRENT BUDGET
AMOUNT
INC/DECREASE
AMOUNT
REVISED BUDGET.
AMOUNT
4,410,118
LINE ITEM TOTAL----
4,410,118
COMMENTS/EXPLANATION: To record expected CARES Act funding as a reimbursement for the costs of providing public services
throughout the COVID-19 pandemic and related expenditures as approved by Council.
4,410,118
FUND: CRA
DEPARTMENT: CRA
EXPENSE BUDGET
ACCOUNT NUMBER
ACCOUNT DESCRIPTION
670-0311-511-63-00
670-0311-511-32-00
670-0311-511-82-01
Improvements
Audit Fees
Aid to Private Orgs
CURRENT BUDGET
AMOUNT
712,134
0
100,000
LINE ITEM TOTAL --------
INC/DECREASE REVISED BUDGET
AMOUNT AMOUNT
6,210 718,344
5,000 5,000
13,000 113,000
24,210
REVENUE BUDGET
ACCOUNT NUMBER
ACCOUNT DESCRIPTION
CURRENT BUDGET
AMOUNT
670-0000-330-00-00
670-0000-389-90-01
Intergovernmental Revenue
C/F Funds - Cash
INC/DECREASE REVISED BUDGET
AMOUNT AMOUNT
78,000 I
927,107
4,570 82,570
19,640 946,747
LINE ITEM TOTAL--------- 24,210
COMMENTS/EXPLANATION: To recognize increased revenues within the CRA fund and the necessary and approved expenditures
for improvements, grants and audit fees.
FUND: General Fund
EXPENSE BUDGET
ACCOUNT NUMBER
001-2772-572-65-00
ACCOUNT DESCRIPTION
Construction in Progress
DEPARTMENT:
CURRENT BUDGET
AMOUNT
100,000
Rec & Enrich. Services
INC/DECREASE
AMOUNT
235,000
LINE ITEM TOTAL
235,000
REVISED BUDGET
AMOUNT
335,000
REVENUE BUDGET
ACCOUNT NUMBER
001-0000-389-90-01
ACCOUNT DESCRIPTION
C/F Funds - Cash
CURRENT BUDGET
AMOUNT
903,554
INC/DECREASE
AMOUNT
235,000
REVISED BUDGET
AMOUNT
1,138,554
LINE ITEM TOTAL
235,000
COMMENTS/EXPLANATION: To transfer funds from Pooled Cash Park Reserve for necessary construction expenditures for the
skate park.
FUND: General Fund
EXPENSE BUDGET
ACCOUNT NUMBER
001-0822-522-52-00
ACCOUNT DESCRIPTION
Operating Supplies
DEPARTMENT: Fire Department
CURRENT BUDGET
AMOUNT
101,637
LINE ITEM TOTAL
INC/DECREASE
AMOUNT
REVISED BUDGET
AMOUNT
6,500
6,500
REVENUE BUDGET
ACCOUNT NUMBER
001-0000-364-00-00
108,137
ACCOUNT DESCRIPTION
Disposition of Fixed Assets
CURRENT BUDGET
AMOUNT
15,000
LINE ITEM TOTAL
INC/DECREASE
AMOUNT
6,500
6,500
COMMENTS/EXPLANATION: To recognize revenue within the General Fund for the sale of a ladder truck as surplus property and
increase the Operating Supplies expenditure budget within the Fire Department for the necessary
purchase of ladder belts and SCBA masks.
REVISED BUDGET
AMOUNT
21,500
Page 223 of 297