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R-1587-16 RESOLUTION NO. 1587-16 A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL CREATING BUDGET AMENDMENT #2 TO THE FISCAL YEAR 2016-2017 OPERATING BUDGETS; APPROPRIATING $200,000 FROM THE GENERAL FUND BALANCE AND A $200,000 INCREASE IN THE CAPITAL PROJECTS FUND FOR THE DOG PARK PROJECT. WHEREAS,the Village adopted an annual operating budget for all funds and Departments for the fiscal year which began October 1, 2016;and, WHEREAS, Subsequent to the start of the 2016-2017 fiscal year, the Village Council has approved certain expenditures that require intra-department fund transfers and fund increases; namely the Dog Park Project. WHEREAS, Florida State Statutes require such fund transfers and increases 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 2016-2017 Budget,effectuating the following transfers and increases: $200,000 from the General Fund Balance to the Transfer to Capital Projects Account $200,000 increase in the Land Improvements Account in the Capital Projects Fund $200,000 increase in Transfer from General Fund in the Capital Projects Fund Section 2. This resolution is effective immediately upon adoption. PASSED AND ADOPTED THIS 6th of December, 2016. ATTEST: —44M a Alice Burch, Mayor Barbara A. Estep, MMC Village Clerk APPROVED AS TO FORM: Richard Sarafan,Village Attor y FYI Council Approved Projects Bud Amd 2 Bud Amd 2 Revised Account# Description Budget Expenditure Revenues Budget 001.72.1403.00.581_91-301 Transfer to Capital Projects - 200,000 200,000 Transfer to Capital Projects for Dog Park 001.00.0000.00_389-900 Appropriation from Fund Balance 350,000 200,000 550,000 Sub-total:General Fund(001) $ 200,000 $ 200,000 301.72.1403.00.572_63-400 Infrastructure Land Improvements - 200,000 200,000 Dog Park 301.00.0000.00_381-001 Transfers in General Fund 827,296 - 200,000 1,027,296 Sub-total:Capital Projects(301) $ 200,000 $ 200,000 Total Amendments 1 1 $ 400,000 $ 400,000