Title
MOTION TO PASS PROPOSED ORDINANCE NO. 2021-23 ON SECOND AND FINAL READING.
PROPOSED ORDINANCE NO. 2021-23 IS AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF PEMBROKE PINES, FLORIDA, AMENDING ORDINANCE NO. 1948; PROVIDING FOR AN AMENDED BUDGET FOR FISCAL YEAR 2020-2021 FOR THE CITY; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING AN EFFECTIVE DATE.
Summary Explanation and Background
SUMMARY EXPLANATION AND BACKGROUND:
1. Section 166.241, F.S. requires municipalities to do a budget amendment within 60 days after the end of the fiscal if the total appropriations of the funds have changed, unless the municipality's charter directs otherwise.
2. We are therefore submitting for review and approval, a number of budget adjustments that revised the 2020-2021 budget adopted by Ordinance 1948 on September 16, 2020.
3. The intent of the amendment is to formalize the changes that have been made during the fiscal year. These typically consist of encumbered and unspent appropriations from prior year, as authorized by Section 5.07 of the City’s Charter, as well as amendments previously approved by Commission.
Major Changes include:
a. General Fund - $11.3 million; mainly $13.0 million for carryovers from the previous year, partially offset by $1.9 million related to closing of two Early Development Centers.
b. Road & Bridge Fund - $1.1 million; related to $4.2 million for carryovers from the previous year partially offset by a $3.2 million decrease in budgeted expenses which were re-appropriated in fiscal year 2021-22 Adopted Budget.
c. FHFC Grants SHIP/CRF - $3.3 million; $2.0 million for carryovers from the previous year along with $1.1 million SHIP award for 2021-2022.
d. HUD Grants CDBG / HOME - $3.9 million; mainly $2.9 million for carryovers from the previous year and $856K of Corona Relief Funding.
e. Law Enforcement Grant - $1.1 million; mainly $953K for carryovers from the previous year.
f. FDLE Confiscated - $1.1 million for carryovers from the previous year.
g. Municipal Construction Fund - $8.2 million for carryovers from the previous year.
h. Utility Fund - $25.9 million for carryovers from the previous year.
4. The amended budget is shown in Exhibit "A" to the Proposed Ordinance 2021-23.
5. We recommend passing Proposed Ordinance 2021-23 on first reading to amend the budget for the fiscal year ending September 30, 2021.
Financial Impact
FINANCIAL IMPACT DETAIL:
a) Initial Cost: Per Exhibit A - The Total Amended Budgeted Revenues and Expenditures for Fiscal Year 2020-21 for All Funds is $477,652,899.
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