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Home My Public Portal AboutResolution 2022-29 Budget AmendmentRESOLUTION: 2022- 29 A RESOLUTION OF THE CITY OF CRESTVIEW, FLORIDA, AMENDING THE BUDGET TO MORE ACCURATELY REFLECT REVENUES AND APPROPRIATIONS. THE AMENDMENTS ARE THE RESULT OF VARIOUS FACTORS, INCLUDING: INCREASES IN ESTIMATED REVENUES AND/OR APPROPRIATIONS TO MORE ACCURATELY REFLECT PROJECTIONS FOR 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 2022; 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 26th OF SEPTEMBER 2022. CITY OF CRESTVIEW, FLORIDA Attest: ZIt Whitten, Mayor Schrader, City Clerk RESOLUTION NO. # 2022-29 FUND: General EXPENSE BUDGET ACCOUNT NUMBER 001-2774-572-64-00 Equipment REVENUE BUDGET ACCOUNT NUMBER 001-0000-389-90-01 ACCOUNT DESCRIPTION ACCOUNT DESCRIPTION C/F Funds - Cash DEPARTMENT: Library CURRENT BUDGET INC/DECREASE AMOUNT AMOUNT LINE ITEM TOTAL 0 CURRENT BUDGET AMOUNT 2,071,104 LINE ITEM TOTAL------ 24,074 24,074 INC/DECREASE AMOUNT 24,074 24,074 COMMENTS/EXPLANATION: This is a project carryforward from FY2021 for an approved capital expenditure that was not completed for the library at year end. FUND: General EXPENSE BUDGET ACCOUNT NUMBER 001-1141-541-64-00 Capital Equipment REVENUE BUDGET ACCOUNT NUMBER 001-0000-389-90-01 ACCOUNT DESCRIPTION ACCOUNT DESCRIPTION C/F Funds - Cash LINE ITEM TOTAL ---- CURRENT BUDGET AMOUNT 2,095,178 LINE ITEM TOTAL DEPARTMENT: Streets CURRENT BUDGET INC/DECREASE AMOUNT AMOUNT 21,899 21,899 INC/DECREASE AMOUNT 21,899 21,899 COMMENTS/EXPLANATION: This is a project carryforward from FY2021 for an apporved capital expenditure from remaining CARES Funds as approved by Council on 12/9/2021 Item #6.4 Message Trailer, Public Services. FUND: Capital Improvements EXPENSE BUDGET ACCOUNT DESCRIPTION ACCOUNT NUMBER 332-1141-541-63-00 Streets/Improvements REVENUE BUDGET ACCOUNT NUMBER 332-0000-381-00-00 ACCOUNT DESCRIPTION Interfund Transfer DEPARTMENT: Streets CURRENT BUDGET INC/DECREASE AMOUNT 1,395,400 LINE ITEM TOTAL — CURRENT BUDGET AMOUNT 1,643,705 LINE ITEM TOTAL---- 1 AMOUNT 108,660 108,660 INC/DECREASE AMOUNT 108,660 108,660 COMMENTS/EXPLANATION: To record transfer from the General Fund for the Capital Project for the Garden Street improvements and engineering costs on Task Order 1 as approved by Council. FUND: General EXPENSE BUDGET ACCOUNT NUMBER 001-1142-541-95-00 Streets/Contingency 001-1142-581-90-00 REVISED BUDGET AMOUNT 24,074 REVISED BUDGET AMOUNT 2,095,178 REVISED BUDGET AMOUNT REVISED BUDGET AMOUNT 2,117,077 REVISED BUDGET AMOUNT 1,504,060 REVISED BUDGET AMOUNT 1,752,365 DEPARTMENT: Half -cent Sales Tax REVENUE BUDGET ACCOUNT NUMBER n/a ACCOUNT DESCRIPTION Transfer to CIP Streets n/a ACCOUNT DESCRIPTION CURRENT BUDGET AMOUNT 218,371 2,523,802 LINE ITEM TOTAL --- CURRENT BUDGET AMOUNT LINE ITEM TOTAL — INC/DECREASE AMOUNT (108,660j 108,660 INC/DECREASE AMOUNT COMMENTS/EXPLANATION: To setup transfer to CapitallmrovementFund-Street Improvements for the Garden Street improvements as approved by Council for engineering on Task Order 1. 0 REVISED BUDGET AMOUNT 109,711 2,632,462 REVISED BUDGET AMOUNT 0 1 of 3 RESOLUTION NO. # 2022-29 FUND: General EXPENSE BUDGET ACCOUNT NUMBER 001-0822-522-52-01 REVENUE BUDGET ACCOUNT NUMBER 001-0000-389-90-01 DEPARTMENT: Library Uniforms C/F - Cash ACCOUNT DESCRIPTION ACCOUNT DESCRIPTION CURRENT BUDGET AMOUNT 67,142 LINE ITEM TOTAL - CURRENT BUDGET AMOUNT 2,117,077 LINE ITEM TOTAL--- INC/DECREASE AMOUNT 10,342 10,342 INC/DECREASE AMOUNT 10,342 10,342 COMMENTS/EXPLANATION: To recognize revenue from Public Safety Impact Fees for approved fire department gear. REVISED BUDGET AMOUNT 77,484 REVISED BUDGET AMOUNT 2,127,419 FUND: General DEPARTMENT: Streets EXPENSE BUDGET ACCOUNT NUMBER 001-0000-369-21-05 REVENUE BUDGET ACCOUNT NUMBER 001-0413-512-52-05 ACCOUNT DESCRIPTION FMIT Safety Funds ACCOUNT DESCRIPTION Employee Events CURRENT BUDGET AMOUNT 0 LINE ITEM TOTAL - CURRENT BUDGET AMOUNT 14,000 LINE ITEM TOTAL- INC/DECREASE AMOUNT 25,210 25,210 INC/DECREASE AMOUNT 25,210 25,210 COMMENTS/EXPLANATION: To recognize revenue from FMIT Insurance for safety funds and the associated expenditures in employee events. FUND: General EXPENSE BUDGET ACCOUNT NUMBER 001-0000-384-00-00 REVENUE BUDGET ACCOUNT NUMBER 001-2773-572-63-00 ACCOUNT DESCRIPTION Debt Proceeds ACCOUNT DESCRIPTION Improvements LINE ITEM TOTAL ---- CURRENT BUDGET AMOUNT 62,450 LINE ITEM TOTAL ---- DEPARTMENT: Streets CURRENT BUDGET INC/DECREASE AMOUNT AMOUNT 2,575,000 2,575,000 INC/DECREASE AMOUNT 2,575,000 2,575,000 COMMENTS/EXPLANATION: This is a project carryfoward from FY2021 for the Blackwater Golf Club and Foxwood Septic to Sewer FUND: Utility EXPENSE BUDGET ACCOUNT NUMBER 440-1633-533-63-00 Improvements REVENUE BUDGET ACCOUNT NUMBER 440-0000-389-90-01 ACCOUNT DESCRIPTION ACCOUNT DESCRIPTION C/F Funds - Cash Carryforward DEPARTMENT: Water CURRENT BUDGET AMOUNT 309,136 LINE ITEM TOTAL -- CURRENT BUDGET AMOUNT 720,105 LINE ITEM TOTAL--- INC/DECREASE AMOUNT 1,936,085 1,936,085 INC/DECREASE AMOUNT 1,936,085 1,936,085 COMMENTS/EXPLANATION: Project carryforward from FY21 - Antioch Road Elevated Water Tower funded by ARPA Funds. REVISED BUDGET AMOUNT 25,210 REVISED BUDGET AMOUNT 39,210 REVISED BUDGET AMOUNT 2,575,000 REVISED BUDGET AMOUNT 2,637,450 REVISED BUDGET AMOUNT 2,245,221 REVISED BUDGET AMOUNT 2,656,190 2 of 3 RESOLUTION NO. # 2022-29 FUND: General EXPENSE BUDGET ACCOUNT NUMBER 001-1141-541-64-00 Capital Equipment REVENUE BUDGET ACCOUNT NUMBER 001-0000-389-90-01 C/F - Cash ACCOUNT DESCRIPTION ACCOUNT DESCRIPTION DEPARTMENT: Streets CURRENT BUDGET AMOUNT 21,899 LINE ITEM TOTAL ---- CURRENT BUDGET AMOUNT 2,117,077 LINE ITEM TOTAL-------- I INC/DECREASE AMOUNT 360,975 360,975 INC/DECREASE AMOUNT 360,975 360,975 COMMENTS/EXPLANATION: To record the purchase of equipment as approved by Council on 8/22/22 Item #6.2. FUND: General EXPENSE BUDGET ACCOUNT NUMBER 0001-0311-511-95-00 Contingencies REVENUE BUDGET ACCOUNT NUMBER 001-0000-364-00-00 ACCOUNT DESCRIPTION ACCOUNT DESCRIPTION Disposition of Fixed Assets COMMENTS/EXPLANATION: To record the sale of fixed asset vehicles FY2022. FUND: General EXPENSE BUDGET ACCOUNT NUMBER 001-0311-511-95-00 REVENUE BUDGET ACCOUNT NUMBER 001-0000-349-10-00 ACCOUNT DESCRIPTION Contingencies ACCOUNT DESCRIPTION Lien Searches DEPARTMENT: G&A CURRENT BUDGET INC/DECREASE AMOUNT 251,092 LINE ITEM TOTAL -------- CURRENT BUDGET AMOUNT 25,000 LINE ITEM TOTAL --------- AMOUNT 68,190 68,190 INC/DECREASE AMOUNT 68,190 DEPARTMENT: G&A CURRENT BUDGET AMOUNT 319,282 LINE ITEM TOTAL -- CURRENT BUDGET AMOUNT 0 LINE ITEM TOTAL--- COMMENTS/EXPLANATION: To record the revenue for lien searches and the associated appropriations. FUND: EXPENSE BUDGET ACCOUNT NUMBER 001-0311-511-95-00 001-1424-524-52-18 REVENUE BUDGET ACCOUNT NUMBER 001-0000-369-20-05 General ACCOUNT DESCRIPTION Contingencies Nuisance Abatement ACCOUNT DESCRIPTION Other Revenue / Administrative DEPARTMENT: CURRENT BUDGET AMOUNT 385,972 0 LINE ITEM TOTAL --- CURRENT BUDGET AMOUNT 31,000 LINE ITEM TOTAL COMMENTS/EXPLANATION: To record administrative revenue and related appropriations for FY2022. 68,190 INC/DECREASE AMOUNT 66,690 66,690 INC/DECREASE AMOUNT 66,690 66,690 Code Enforcement INC/DECREASE AMOUNT 70,768 17,930 88,698 INC/DECREASE AMOUNT 88,698 88,698 REVISED BUDGET AMOUNT 382,874 REVISED BUDGET AMOUNT 2,478,052 REVISED BUDGET AMOUNT 319,282 REVISED BUDGET AMOUNT 93,190 REVISED BUDGET AMOUNT 385,972 REVISED BUDGET AMOUNT 66,690 REVISED BUDGET AMOUNT 456,740 17,930 REVISED BUDGET AMOUNT 119,698 3 of 3