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HomeMy Public PortalAbout2024-02 Amending Ordinance 2023-12 which adopted the Budget for Fiscal Year 2023-2024 by revising the 2023-2024 Fiscal Year BudgetO RD INANCE NO . 2024-2 AN O RD INANCE OF TH E VILLAG E O F KE Y BISCAYNE, FLO RI DA, AM ENDIN G O RD INANCE NO . 2023-12 W H ICH ADO PTED TH E BUDG ET FO R FISCAL YEAR 2023-2024 BY RE VISING TH E 2023-2024 FISCAL YEAR BUDG ET ; PR O VIDING FO R IM PLEM ENTATIO N ; AND PR O VIDING FO R AN EFFECTIVE DATE. W H ERE AS, in accordance with Section 200.065, Florida Statutes, on September 26, 2023, the Village Council of the Village of Key Biscayne (the "Village") adopted Ordinance No. 2023-12 approving the Fiscal Year 2023-2024 Budget; and WHEREAS, upon the periodic review and analysis of current budgetary commitments and obligations, and based upon the projected needs and requirements of the Village and upon the recommendations of the Village Manager, it is deemed necessary to adjust, amend and implement the Fiscal Year 2023-2024 Budget in accordance with Exhibit "A," attached hereto; and WHEREAS, the Village Council finds that adoption of this Ordinance is in the best interest and welfare of the Village and its residents. NOW, THEREFORE, BE IT ORDAINED BY THE VILLAGE COUNCIL OF THE VILLAGE OF KEY BISCAYNE, FLORIDA, AS FOLLOWS: 1 Section 1. Recitals. That the above-stated recitals are true and correct and are incorporated herein by this reference. Section 2. Amending Ordinance No. 2023-12. That the Village Council hereby authorizes the amendment of Ordinance No. 2023-12, which Ordinance adopted a budget for the 2023-2024 fiscal year, by revising the 2023-2024 Budget (Budget Amendment No. 1) in 1 Coding: Strikethrough words are deletions to the existing words. Underlined words are additions to the existing words. Changes between first and second reading are indicated with highlighted ,hrnlail~ striltetlmrngk and double underline accordance with Exhibit "A," which exhibit is deemed incorporated by reference as though set fo rth in full herein. Section 3. Implementation. That the Village Manager is hereby authorized to take any and all action necessary to implement the purpose of this Ordinance. Section 4. Effective Date. That this Ordinance shall become effective immediately upon final adoption on second reading. PASSED on first reading on the 12th day of __ .....,D=ec=e=m=b-=er'-- __ _,, 2023. PASSED AND ADOPTED on second reading on the 23rd day of_ January , 2024. JOE I. RASCO MAYOR ATTEST: 9~~13,~, VILLAGE CLERK APPROVED AS TO FORM AND LEGALITY: WEISS SEROTA HELFMAN COLE & BIERMAN, P.L. VILLAGE ATTORNE Y Page 2 of2 'Y I ;L ;L A G JE CJ>F !KEY JBISCA YNE EX HIBIT A Exhibit "A" FY2024 Budgeted FY2024 Additional Fund Description Amount Funding Requested Amended FY24 Budget Funding Source CIP Re nourish Beach and Dunes $1,868,050 977 787 $2,84 5,837 General Fund Reserv es 88 West McIntyre Street • Key Biscayne, Florida 33149 • (305) 365-551 L • www.keybiscayne.fl.gov MISSION ST,\TF.MF.NT: ··TO l'ROVIIHi ,\ S,\FF.. Ol!J\I.ITY COMMlJNITY F.1'VIRONMENT FOR Al.I. ISI.ANl>FRS THROl:(ill RFSl'ONSllll.E c;ovF.RNMENT.""