R-1100-05 . ti
RESOLUTIO_._.o. 1100-05
A RESOLUTION OF THE VILLAGE COUNCIL OF MIAMI SHORES, VILLAGE,
FLORIDA,CREATING BUDGET AMENDMENT#.2 TO THE FY 2004-05 OPERATING
BUDGETS TOTALLING$428,000,•INCREASING GENERAL FUND REVENUES AND
EXPENDITURES.
•
WHEREAS,the Village has adopted an annual operating budget for all funds and departments for the fiscal
year which began on October 1,2004;and,
WHEREAS,Council authorized Amendment#1,re-appropriating reserves from prior years;and,
WHEREAS, Budget Amendment #2 provides for a technical amendment, adjusting various revenue and
expenditure budgetary line-items which are understated.
NOW,THEREFORE,BE IT DULY RESOLVED BY THE VILLAGE COUNCIL OF MIAMI SHORES
VILLAGE,FLORIDA:
1. That this resolution creates Budget Amendment #2 to the FY 2004-05 Operating Budgets,
increasing the General Fund Revenue budget by$428,000 to correct understated line itemrevenue and
adjust expenditure line items as indicated on the attached schedule.
2. That this resolution shall be effective upon its adoption.
PASSED and ADOPTED this 6"day of September,2005..
AL DAVIS,MAYOR
Attest: Approved as to Form:
Barbara A.Estep,CMC Richard Sarafan,Esq.
Village Clerk Village Attorney
Miami Shores Village
FY 2004-05
Summary: Budget Amendment Schedule by Fund y,
ADOPTED BUDGET Budget Amendment#1/#1 a Budget Amendment#2 AMENDED BUDGET
Total Total Total Total
Fund Total Revenues` Expenditures Total Revenuesi Expenditures Total Revenues: Expenditures Total Revenues; Expenditures
General Fund $ 10,806,740 $ 10,806,740 $ 143,694 : $ 143,694 $ 428,000 $ 428,000 $ 10,950,434 : $ 10,950,434
Excise Taxes 1,827,967 1,827,968 - - - - 1,827,967 1,827,968
Local Option Gas Tax 381,002 381,002 1,079 1,079 - - 382,081 : 382,081
Transport Surtax 296,498 296,498 27,641 € 27,641 - - 324,139 : 324,139
Grants - - 4,683 : 4,683 - - 4,683 : 4,683
Hurricane/Disaster - - 46,714 : 23,357 - - 46,714 23,357
Debt service 673,293 . 673,293 - - - - 673,293 1 673,293
2nd Ave Rehab
Capital Projects 1,066,559 1,066,559 64,188 : 64,188 - - 1,130,747 1,130,747
GO Bond-Aquatics 5,343,194 : 5,343,194 - - - - 5,343,194:: 5,343,194
GO Bond-Cht School 113,130 € 113,130 - - - - 113,130 € 113,130
Storm Water 474,868 € 474,868 24,026 : 24,026 - - 498,894 : 498,894
Sanitation 2,617,035 € 2,617,035 1,192 : 1,192 - - 2,618,227 2,618,227
Risk Management 995,066 995,066 - - - - 995,066 : 995,066
Fleet Maintenance 722,820 1 722,819 1,853 : 1,853 - - 724,6731 724,672
TOTAL $ 25,318,172 $ 25,318,172 $ 315,070 : $ 291,713 $ 428,000 : $ 428,000 $ 25,633,2421 $ 25,609,885
Source:FY 2005 Adopted Budget Page#1 of 1 Prepared by FIN on 8/24/2005 at11:32 AM