2024-411 RESOLUTION NO.
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4 A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL 5 CREATING BUDGET AMENDMENT #1 TO THE FISCAL YEAR
6 2023-2024 OPERATING BUDGETS, INCREASING REVENUES
7 AND EFFECTUATING TRANSFERS TO REVERSE THE YEAR
8 END BUDGETARY DEFICIT; PROVIDING FOR
9 IMPLEMENTATION; AND PROVIDING FOR AN EFFECTIVE
10 DATE.
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12 WHEREAS, on September 19, 2023, Miami Shores Village (the "Village")
13 adopted Resolution No. 2023-32 approving the Budget for Fiscal Year 2023-2024
14 and establishing revenues and appropriations for the Village; and
15 WHEREAS, Fiscal Year 2023-2024 began on October 1, 2023, and ended
16 on September 30, 2024; and
17 WHEREAS, Florida law prohibits departmental budgets to close with a
18 deficit; and
19 WHEREAS, in order to adequately fund the deficits realized during the prior
20 fiscal year, corresponding revenues shall be increased and transfers shall be re-
21 apportioned, as outlined in the attached schedule (Exhibit "A"); and
22 WHEREAS, the Village Council finds that this Resolution is in the best
23 interest and welfare of the residents of the Village.
24 NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF
25 MIAMI SHORES VILLAGE, FLORIDA, AS FOLLOWS:
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Section 1. Recitals Adopted. The foregoing recitals are true and correct.
Section 2. Approving Amended Fiscal Year 2023-2024 Budget;
28 Budget Amendment No. 1. The Village Council approves the Fiscal Year 2023-
29 2024 Budget Amendment No. 1 as provided for in Exhibit "A" attached hereto.
2024-41
30 Section 4. Implementation. The Village Manager or designee are
31 directed to take any and all action necessary to accomplish the Budget Amendment
32 and purposes of this Resolution.
33 Section 5. Effective Date. This resolution is effective immediately upon
34 adoption.
35
36 PASSED AND ADOPTED THIS this 19th day of NOVEMBER, 2024.
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39 ATTEST:
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44 YSABEL Y ROD�""'r='"9��:,,_.,
45 VILLAGE G.lE
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49 50 APPROVED AS TO FORM, LANGUAGE & 51 FOR EXECUTION:
52
MAYOR
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55 / VVEISSs::::E::-::R�;;::;;:::::;;"ff:E�L:-:F::-:-M-:-A::-::N COLE + BIERMAN P. L.
56 VILLAGE ATTORNEY