Title
MOTION TO ADOPT PROPOSED RESOLUTION NO. 2025-R-38.
PROPOSED RESOLUTION 2025-R-38 IS A RESOLUTION OF THE CITY OF PEMBROKE PINES, FLORIDA, AMENDING THE BUDGET FOR THE CITY OF PEMBROKE PINES/FLORIDA STATE UNIVERSITY CHARTER ELEMENTARY SCHOOL FOR THE CHARTER SCHOOL FISCAL YEAR BEGINNING JULY 1, 2024; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; PROVIDING FOR AN EFFECTIVE DATE.
Summary Explanation and Background
SUMMARY EXPLANATION AND BACKGROUND:
1. Section 166.241, F.S. requires municipalities and their components to do a budget amendment within 60 days after the end of the fiscal year if the total appropriations of the funds have changed, unless the municipality's charter directs otherwise.
2. We therefore submit for review and approval by City Commission, numerous budget adjustments that will revise the FY 2024-25 Florida State University (FSU) sponsored City of Pembroke Pines Charter School budget adopted by Resolution 3869 on June 18, 2024. The intent of the amendment is to formalize the changes that have been made during the FY 2024-25 fiscal school year. These typically consist of encumbered and unspent appropriations from the prior year as authorized by Section 5.07 of the City’s Charter, amendments previously approved by Commission, and unanticipated revenues received throughout the school year.
3. Major Changes include the following:
|
a) Record budget for Florida School Recognition (A+) Program |
96,830 |
|
b) Record budget for Title II Part A-SEI |
17,261 |
|
c) Record budget for IDEA Pre-K Grant |
2,022 |
|
d) Record budget for High Impact Reading (HIITS) |
18,259 |
|
e) Record budget for ARP Intensive Afterschool Wknd Grant |
78,555 |
|
f) Record budget for District Threat Management Coordinator |
27,500 |
|
g) Record budget for (Beginning Surplus)-Charter School Technology Purchase 75,886 |
|
|
h) Record budget for ARP Targeted Math STEM Grant |
9,192 |
|
i) Record budget for Summer Enrichment |
44,369 |
|
j) Record budget for Education Enrollment Stabilization |
13,585 |
|
k) Record budget for Miscellaneous Contributions/Adjustments |
266,767 |
|
l) Record budget for Charter School Liability Insurance Increase |
19,299 |
|
m) Record budget for savings for Insurance True-Up Savings |
(339,390) |
|
n) Record budget for School Resource Officer Cost |
116,649 |
4. The amended budget and details of changes are shown in Exhibit "A" of Proposed Resolution 2025-R-38.
5. Recommend City Commission adopt Proposed Resolution No. 2025-R-38 to amend the FSU Sponsored City of Pembroke Pines Charter School budget for the fiscal year beginning July 1, 2024.
Financial Impact
FINANCIAL IMPACT DETAIL:
a) Initial Cost: Per Exhibit A Total Amended Budgeted Revenues and Expenditures for 2024-25 is $10,704,937
b) Amount budgeted for this item in Account No: Not Applicable
c) Source of funding for difference, if not fully budgeted: Not Applicable
d) 5-year projection of the operational cost of the project: Not Applicable
e) Detail of additional staff requirements: Not Applicable
FEASIBILITY REVIEW:
A feasibility review is required for the award, renewal and/or expiration of all function sourcing contracts. This analysis is to determine the financial effectiveness of function sourcing services.
a) Was a Feasibility Review/Cost Analysis of Out-Sourcing vs. In-House Labor Conducted for this service? Not Applicable
b) If Yes, what is the total cost or total savings of utilizing Out-Sourcing vs. In-House Labor for this service? Not Applicable