R-1257-15 RESOLUTION NO. 1257-15
A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL CREATING BUDGET
AMENDMENT #2 TO THE FISCAL YEAR 2014-2015 OPERATING BUDGETS;
APPROPRIATING $70,000 FROM THE GENERAL FUND BALANCE TO THE
SPECIAL PROJECTS: MANAGER ACCOUNT: $100,000 FROM THE LOCAL OPTION
GAS TAX (LOGT) FUND BALANCE TO THE INFRASTRUCTURE: ENTRYWAY SIGNS
ACCOUNT; $9,000 FROM THE TRANSPORTATION TRUST(CITT) FUND BALANCE
TO THE TRANSFER TO GRANT FUND ACCOUNT; AND INCREASING GRANT
REVENUE $36,000, TRANSFER FROM CITT $9,000, AND SPECIAL PROJECTS:
MULTIMODAL MOBILITY STUDY$45,000 IN THE GRANT FUND.
WHEREAS, the Village adopted an annual operating budget for all funds and Departments for
the fiscal year which began October 1, 2014; and,
WHEREAS, Subsequent to the start of the 2014-2015 fiscal year, the Village Council has
approved certain expenditures that require intra-department fund transfers; namely the
Recreation Center Feasibility Study, the Multimodal Mobility Study and the Entryway Signs.
WHEREAS, Florida State Statutes require such fund transfers be approved by the Council
in the form of a resolution;
NOW,THEREFORE, BE IT RESOLVED by the Miami Shores Village Council that:
Section 1. This resolution creates and approves Budget Amendment#2 to the Fiscal Year
2014-2015 Budget, effectuating the following transfers:
$70,000 from the General Fund Balance to the Special Projects: Manager Account
$100,000 from the LOGT Fund Balance to the Infrastructure: Entryway Signs Account
$9,000 from the CITT Fund Balance to the Transfer to Grant Fund Account
$45,000 increase in the Special Projects: Multimodal Mobility Study, $36,000 in Grant
Revenue and $9,000 in Transfer from CITT in the Grant Fund as referenced in the
schedule attached hereto.
Section 2. This resolution is effective immediately upon adoption.
PASSED AND ADOPTED THIS 6th of January, 2015.
ATTEST:
&6u d d�&'/P&-c- Herta Holly, Mayor
Barbara A. Estep, M C
Village Clerk
APPROVED AS TO FORM:
Richard Sarafan,Village Att rney
Account# Description Budget Expenditure Amend 2 Budget
001.19.0800.00.519_49-110 Special Projects: Manager 51,446 70,000 1 121,446
00 1.00.0000.00 389-900 Contribution: Fund Balance 31,562 70,000 101,562
Sub-total: General Fund (001) $ 70,000 $ 70,000
130.39.1202.00.541_63-400 Infrastructure: Entryway Signs - 100,000 100,000
130.00.0000.00389-900 Contribution: Fund Balance 224,439 100,000 324,439
Sub-total: LOGT(130) $ 100,000 $ 100,000
135.39.1210.41.58191-150 Transfer from CITT: Grant Fund - 9,000 9,000
135.39.1210.41389-900 Contribution: Fund Balance 212,948 9,000 221,948
Sub-total: CITT(135) $ 9,000 $ 9,000
150.39.1210.41337-100 Grant Revenue - 36,000 36,000
150.00.0000.00381-135 Transfer to Grant: CITT - 9,000 9,000
150.39.1210.41.541_49-110 Special Projects: Multimodal Mobility Study - 45,000 45,000
Sub-total: Grant Fund (150) $ 45,000 $ 45,000
Recreation Center Study $ 70,000
Multimodal Mobility Study $ 45,000
Entryway Signs $ 100,000