R-1221-12 RESOLUTION NO. 1221-12
A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL ADOPTING
BUDGET AMENDMENT#1 TO THE FISCAL YEAR 2012-2013 OPERATING
BUDGET TRANSFERRING A TOTAL OF$89,823 FROM CONTINGENCY
FUNDS TO THE APPROPRIATE PAYROLL RELATED ACCOUNTS,AND
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS,the Village has adopted Operating and Capital Improvement Budgets for all funds and
departments for the fiscal year which began on October 1,2012;and,
WHEREAS,currently,there are funds available in the various departmental and General Fund
contingency accounts in the adopted 2012-2013 Budget to fund a 2%Cost of Living Adjustment for Village
employees;and,
WHEREAS,it is in the best interest of the Village to transfer contingency funds to the appropriate
payroll related accounts for this purpose;
NOW,THEREFORE, BE IT RESOLVED by the Miami Shores Village Council:
Section 1. That this resolution creates and approves Budget Amendment#1 to the Fiscal Year 2012-
2013 Budget,affecting fund transfers as follows per the attached schedule:
$72,750 from the General Fund Contingency Account to Departmental Payroll Accounts.
$14,715 from the Sanitation Fund Contingency Account to the Sanitation Payroll Accounts.
$1,018 from the Transportation Fund Contingency Account to the Transportation Payroll Accounts.
$1,340 from the Stormwater Fund Contingency Account to the Stormwater Payroll Accounts.
Section 2. That this resolution is effective immediately upon adoption.
PASSED AND ADOPTED this 6th day of November 2012.
ATTEST:
za,� mac Jim McCoy, ayor
Barbara A. Estep, MMC
Village Clerk
APPROVED AS TO FORM:
Richard Sarafan
Village Attorney