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Item 7B - Ordinance 20-16-137ST AFF REPORT City of Atlantic Beach Commiss ion Meeting AGENDA ITEM 11 78 APRI L25,2016 AGENDA ITE M : ORDINANCE N O . 20-16-137 DATE: AN ORDINANCE AME NDING THE OPERATING BUDGET FOR THE CITY O F ATL ANTIC BEACH, FLORIDA FOR FISC AL Y E AR B E GINNING O C TOBER 1, 2015 AND ENDING S E PTE MBER 30, 2016 FOR THE PURPOSE O F ADDING FUNDS FOR THE CONSTRUC TION O F THE POLICE BUI LDING, AND PROVIDING A N E F FECTIV E DATE . Marc h 3 1, 20 16 SUBMITTED BY : ~~/ Russel l Caffey, Fi nance D irector BACK GROUN D: T h e c urre nt year budget appr opri at ed $2,892,700 tor th e Public Safety Bui lding Pl'oject. O n Marc h 30, 20 16, the C it y rece ived a n upd ated contract proposa l to ta ling $3,468,00 0 (See it emized att achm ent). Thi s bu dget modi fica ti on wil l amend the proj ec t bud get to inc lud e th e new contract bid amoun t. T h e Genera l Fund has a proj ected cash balance o f $5,736,039 at yea r end. T hi s ba la nce is $2,899,997 a b ove the 25% operating reserve ta rget. In the p ast five years the Public Safety Di v isio n has co ntributed $789,048 in unspent fund s to th e F und Balance. T h ese co nt ributi ons have been a major dri ve r in th e accu mu la ti on o f Gen eral Fund Ba lance. BUDGET: M id -year budget m o di fica ti on to tra ns fer$ 575,300 fi·o m the Gen e ra l F und to the Capital P roject Fund . T he new total for th e Capita l Proj ect Fund w ill be $3,468,00 0. REC OMMENDA TION: To adop t O rdinance N O. 20p 16-137 a mendin g the 2015-16 An n u al Bud get to provide additio nal fu nd s for the P o l ice Bui lding Improve ments ATTACHM ENT: 1. O rd i nance No. 2 0 pl 6 -l 37. 2. Poli ce Build ing Co nt ract Reco ncili ation REVIE WED BY CITY MANAG E R : .. ORDINANCE NO. 20-16-137 AN ORDINANCE AMENDING THE OPERATING BUDGET FOR THE CITY OF ATLANTIC BEACH, FLORIDA FOR FISCAL YEAR BEGINNING OCTOBER 1, 2015 AND ENDING SEPTEMBER 30, 2016 FOR THE PURPOSE OF ADDING FUNDS FOR THE CONSTRUCTION OF THE POLICE BUILDING, AND PROVIDING AN EFFECTIVE DATE. AGENDA ITEM# 7B APRIL 25, 2016 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 is amending the operating budget to add net funds totaling $575,300 for the increase in the Governmental Capital Project Fund for the revised total of the Public Safety Building. WHEREAS, the City of Atlantic Beach did not include the funding of this purchase in the adoption of the original Fiscal Year 2016 Annual Operating Budget and therefore must amend the budget to have sufficient amounts within the Governmental Capital Project Fund in order to fund the purchase. 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 2015/2016 Budget to be amended as follows: GENERAL FUND Expenditures: Transfer to the Governmental Capital Project Fund $575.300 Fund Balance: <$575.300> GOVERNMENTAL CAPITAL PROJECT FUND Revenues: Transfer from General Fund $575.300 Expenditures Capital Improvements-Police Building Project $575.300 2. This ordinance shall take effect immediately upon its adoption. Passed by the City Commission on first reading this __ day of ___ 2016. AGENDA ITEM #7B APRIL 25, 2016 Passed by the City Commission on second and final reading this __ day of ___ 2016. Mitchell E. Reeves Mayor I Presiding Officer Approved as to form and correctness: Brenna M. Durden, City Attorney ATTEST: DONNA L. BARTLE, CMC City Clerk City of Atlantic Beach Police Building Project Reconciliation Original Budget $ 2,892,700 Itemized Scope Increase 195,600 Actual bid price variance above the approved budget amount 44,500 Auld & White Guaranteed Maximum Price (GMP) 03.30.16 Project Alternates 03.30.16 Shingle Siding-Replace and Repair $ 27,300 Remove Radio Antenna-Fire House 2,400 Generator 81,200 Proposal for Fit-Up 03.30.16 Uniform Lockers and Shower Benches $ 9,500 Furnishings and Blinds 4,100 Low Voltage I Structured Wiring I Security (Allowance) 96,000 Overhead and Profit 20,000 Performance and Payment Bond 2,600 General Liability Insurance 2,100 Gun Lockers, Evidence Shelving and Lockers (Allowance) 90,000 New GMP after alternates and Fit-Up Current Budget Budget Modification Amount $ $ $ AGENDA ITEM# 7B APRIL 25, 2016 3,132,800 110,900 224,300 3,468,000 (2,892,700) 575,300