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Item 7F AGENDA ITEM # 7F CITY OF ATLANTIC BEACH NOVEMBER 8, 2010 CITY COMMISSION MEETING STAFF REPORT AGENDA ITEM: ORDINANCE 20 -10 -107: AN ORDINANCE AMENDING THE OPERATING BUDGET FOR THE CITY OF ATLANTIC BEACH, FLORIDA FOR FISCAL YEAR BEGINNING OCTOBER 1, 2010 AND ENDING SEPTEMBER 30, 2011. DATE: October 29, 2010 SUBMITTED BY: Nelson Van Liere, Finance Director( — BACKGROUND: Upon the adoption of the 2011 Annual Operating Budget, some items were estimated to be completed in 2010, but were not. Those items are proposed in this ordinance to be carried forward into 2011. The items to be carried over include the revenue and expenditure budget for the Dog Park, the Donner Park Community Center roof, the C.D.B.G. Disaster Grant for the Donner area sewer rehabilitation project as well as the unspent C.D.B.G. funds for Donner Park. The funds for the Veteran's Park improvements were partially obligated and therefore only a portion of this project's budget was carried forward. $25,512 represents the amount of the total budget of $75,000 remaining at year end that needs to be re- budgeted in 2011. The revenues for this project are all from non -City of Atlantic Beach sources. This proposed ordinance also creates a budget for two energy grants recently awarded. The City of Jacksonville's American Recovery and Reinvestment Act - Energy Grant of $103,400 that will be used as the match for the State of Florida Energy Program Grant of $234,789. This ordinance also creates a budget for the recently awarded Justice Assistance Grant (JAG) of $5,125 for the purchase of police equipment. BUDGET: This proposed ordinance includes revenue increases totaling $609,252, total expenses of $636,564 resulting in a net decrease of fund balance of $27,312. This represents the spending of previous year's revenues for the Veteran's Park project, Donner Community Center Roof project and the Dog Park project. ATTACHMENTS: ORDINANCE NUMBER 20 -10 -107 RECOMMENDATION: Approve ordinance number 20 -10 -107 CITY MANAGER APPROVAL: C 1 AGENDA ITEM # 7F NOVEMBER 8, 2010 ORDINANCE NO. 20-10-107 AN ORDINANCE AMENDING THE OPERATING BUDGET FOR THE CITY OF ATLANTIC BEACH, FLORIDA FOR FISCAL YEAR BEGINNING OCTOBER 1, 2010 AND ENDING SEPTEMBER 30, 2011. WHEREAS, the City Charter of the City of Atlantic Beach requires that the City Commission approve all budgetary increases and transfers at the fund level, and WHEREAS, the nature of budgetary systems and those day -to -day decisions affecting such budgetary systems require adjustments from time -to -time, and WHEREAS, the City had anticipated that a number of projects were to be finished before the end of fiscal year 2010, but they were not. Therefore, the funds for those projects need to be re- budgeted for Fiscal Year 2011. The Fiscal Year 2011 Operating Budget shows those project as funded in 2010, and WHEREAS, this proposed ordinance also creates a budget for two energy grants recently awarded. The City of Jacksonville's American Recovery and Reinvestment Act - Energy Grant of $103,400 that will be used as the match for the State of Florida Energy Program Grant of $234,789, and WHEREAS, the City was recently notified, since the adoption of the budget, that approval was given for a Justice Assistance Grant in the amount of $5,125 for police related equipment, and NOW, THEREFORE, BE IT ENACTED BY THE CITY COMMISSION ON BEHALF OF THE PEOPLE OF THE CITY OF ATLANTIC BEACH, FLORIDA, that; 1. The Fiscal Year 2010/2011 Budget to be amended as follows: GENERAL FUND Revenues: Donations: City of Jacksonville $15,000 Dog Park Committee 4,000 Total Revenue: $19,000 Expenses: Capital Outlay — Improvements $20,800 Fund Balance: <$1,800> HALF CENT DISCRETIONARY SALES TAX FUND Expenses: Parks and Recreation Capital Improvements - Donner Community Center Roof $50,000 AGENDA ITEM # 7F NOVEMBER 8, 2010 Fund Balance: <$50,000> COMMUNITY DEVELOPMENT BLOCK DISASTER GRANT Revenues: CDBG Disaster Grant proceeds $178,000 Expenses: Public Utilities Capital Outlay- Improvements Other than Buildings $178,000 Fund Balance: 0 CAPITAL PROJECT FUND — VETERAN'S PARK Revenues: Contributions — City of Jacksonville $50,000 Expenses: Capital Outlay — Veterans Park Improvements $25,512 Fund Balance: $24,488 CITY OFJACKSONVILLE AMERICAN RECOVERY REINVESTMENT ACT (ARRA) GRANT Revenues: City of Jacksonville ARRA Grant Proceeds $103,400 Expenses: Operating Expenses — Contract Services $22,500 Capital Outlay - Equipment $80,900 Total Expenses: $103,400 Fund Balance: 0 STATE ENERGY PROGRAM (SEP) AMERICAN RECOVERY REINVESTMENT ACT (ARRA) GRANT Revenues: State of Florida - SEP Grant Proceeds $234,789 AGENDA ITEM # 7F NOVEMBER 8, 2010 Expenses: Capital Outlay - Equipment $234,789 Fund Balance: 0 COMMUNITY DEVELOPMENT BLOCK GRANT FUND Revenues: CDBG Grant proceeds from 2010 contract rolled over $18,938 Expenses: Parks and Recreation Capital Outlay- Improvements Other than Buildings $18,938 Fund Balance: 0 JUSTANCE ASSISTANCE GRANT (JAG) Revenues: Grant Proceeds $5,125 Expenses: Capital Equipment $5,125 Fund Balance: $0 2. This ordinance shall take effect immediately upon its adoption. Passed by the City Commission on first reading this day of November, 2010. Passed by the City Commission on second and final reading this day of November, 2010. Mike Borno Mayor / Presiding Officer Approved as to form and correctness: ATTEST: Alan C. Jensen, Esquire Donna L.Bartle, CMC City Attorney City Clerk