R-2016-07 CITY OF CLERMONT
RESOLUTION NO. 2016-07
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CLERMONT, LAKE COUNTY, FLORIDA, AUTHORIZING BUDGET
AMENDMENTS FOR THE CITY OF CLERMONT FOR FISCAL YEAR
2015-2016
WHEREAS, it is hereby found and determined by the City Council of the City of
Clermont, Lake County, Florida, that the following budget amendments are necessary for the
Fiscal Year October 1, 2015 to September 30, 2016:
GENERAL FUND
1. Increase Bank Service Charges (10513-54909) $ 6,972
Increase Interest Earnings (10361-36100) $ 6,972
To amend the Finance Department budget for unbudgeted banking
service fees and associated interest earnings revenues.
2. Increase Professional Services—Labor Attorney(10514-53182) $ 10,000
To amend the Legal Department budget for additional legal fees associated
with collective bargaining negotiations.
3. Increase Capital Equipment(10516-66401) $ 25,169
To amend the Information Technology Department budget for the
increased cost of replacing the Council Chambers audiovisual system, as
approved by the City Council on January 12, 2016.
4. Increase Professional Services - General (10519-53100) $ 35,409
To amend the Other General Government Department budget for the
carry forward of unexpended FY 2015 funds budgeted for the Non-Utility
Fee Study approved by the City Council on January 27, 2015.
5. Increase Repair&Maintenance—City Hall (10519-54621) $ 15,000
To amend the Other General Government Department budget for office
renovations in City Hall.
6. Increase Contract Services - Signage(10541- 53406) $ 39,500
To amend the Public Works Department budget for the carry forward of
unexpended FY 2015 funds budgeted for traffic signal maintenance.
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CITY OF CLERMONT
RESOLUTION NO. 2016-07
7. Decrease Transfer to Debt Service Fund (10581-99113-72118) $ 128,868
Increase Transfer to Debt Service Fund (10581-99113-72118) $ 118,510
To amend the budget to reflect the decrease in debt service associated with
the 2016 Public Improvement Refunding Revenue Note approved by the
City Council on February 23, 2016.
8. Increase Sale of Fixed Assets (10364-36400) $ 1,308,000
Increase Other Current Charges (10519-54900) $ 42,700
To amend the budget for the sale of the Hooks Street property approved by
the City Council on March 8, 2016.
9. Increase Transfer to Capital Projects Fund (10581-99114-95107) $ 1,265,300
To amend the budget for the transfer of the Hooks Street property sale net
proceeds to the Capital Projects Fund for the Promenade Project.
10. Decrease Fund Balance(10599-59900) $ 114,720
Total General Fund Adjustments.
BUILDING SERVICE FUND
1. Increase Professional Services—Building Services (11524-53191) $ 75,000
Increase Building Permits (11322-32200) $ 75,000
To amend the Development Services Department budget for increased
permitting services and associated increased revenues.
INFRASTRUCTURE SALES TAX FUND
1. Increase Capital Equipment- (12575-66401) $ 56,100
To amend the Parks and Recreation Department budget for the carry
forward of unexpended FY 2015 funds budgeted for the purchase of
equipment for the Arts and Recreation Center.
2. Increase Transfer to Debt Service Fund (12581-99113-21101) $ 244,363
To amend the budget for Debt Service associated with the 2016
Infrastructure Sales Tax Revenue Note approved by the City Council on
February 23, 2016.
3. Increase Transfer to Capital Projects Fund (12581-99114-21101) $ 107,060
To amend the budget to reflect revised costs associated with the Police
Station construction project.
4. Decrease Fund Balance(12599-59900) $ 407,523
Total Infrastructure Sales Tax Fund Adjustments.
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CITY OF CLERMONT
RESOLUTION NO. 2016-07
RECREATION IMPACT FEES FUND
1. Decrease Transfer to Debt Service Fund (14581-99113-72118) $ 142,077
Increase Transfer to Debt Service Fund (14581-99113-72118) $ 134,344
To amend the budget to reflect the decrease in debt service
associated with the 2016 Public Improvement Refunding Revenue
Note approved by the City Council on February 23, 2016.
2. Increase Fund Balance (14599-59900) $ 7,733
Total Recreation Impact Fees Fund Adjustments.
POLICE IMPACT FEES FUND
1. Decrease Transfer to Debt Service Fund (15581-99113-72118) $ 22,603
Increase Transfer to Debt Service Fund (15581-99113-72118) $ 8,008
To amend the budget to reflect the decrease in debt service associated with
the 2016 Public Improvement Refunding Revenue Note approved by the
City Council on February 23, 2016.
2. Increase Transfer to Capital Projects Fund (15581-99114-21101) $ 3,196,723
To amend the budget for the carry forward of unexpended FY 2015 funds
budgeted for the Police Station construction project.
3. Decrease Fund Balance(15599-59900) $ 3,182,128
Total Police Impact Fees Fund Adjustments.
FIRE IMPACT FEES FUND
1. Increase Transfer to Capital Projects Fund (16581-99114-22801) $ 55,000
To amend the budget for Fire Station No. 4 construction change order
approved by the City Council on February 9, 2016.
2. Decrease Fund Balance(16599-59900) $ 55,000
Total Fire Impact Fees Fund Adjustments.
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CITY OF CLERMONT
RESOLUTION NO. 2016-07
DEBT SERVICE FUND
1. Increase Debt Proceeds-2016 Pub Imp Note(22384-38402-72118) $ 5,331,196
Increase Debt Service-2013 Pub Imp Note Principal (22517-77116) $ 5,362,093
Increase Debt Service-2016 Pub Imp Note Issue Cost(22517-77305-72118) $ 55,001
Increase Debt Service-2016 Pub Imp Note Interest(22517-77217-72118) $ 62,528
Increase Transfer from General Fund (22381-38100-72118) $ 118,510
Increase Transfer from Recreation Impact Fees Fund (22381-38105-72118) $ 134,344
Increase Transfer from Police Impact Fees Fund (22381-38118-72118) $ 8,008
Decrease Transfer from General Fund (22381-38100-72118) $ 128,868
Decrease Transfer from Recreation Impact Fees Fund (22381-38105-72118) $ 142,077
Decrease Transfer from Police Impact Fees Fund (22381-38118-72118) $ 22,603
To amend the budget to reflect the 2016 Public Improvement Refunding
Revenue Note approved by the City Council on February 23, 2016.
2. Increase Debt Svce-2016 Infra Sales Tax Note Interest (22517-77218-21101) $ 64,918
Increase Transfer from Infrastructure Fund (22381-38104-21101) $ 244,363
To amend the budget for debt service associated with the 2016
Infrastructure Sales Tax Revenue Note approved by the City Council on
February 23, 2016
3. Decrease Debt Proceeds-2016 Infrastructure Sales Tax Note(22384-38402) $ 2,537,370
Decrease Transfer to Capital Projects Fund (22581-99114-21101) $ 2,537,370
To amend the budget to reflect the actual amount of the 2016
Infrastructure Sales Tax Revenue Loan and revised costs of the Police
Station construction project.
4. Decrease Fund Balance(22599-59900) $ 1,667
Total Debt Service Fund Adjustments.
CAPITAL PROJECTS FUND
1. Decrease Buildings—Police (32521-66201-21101) $ 405,236
Increase Professional Services—Police(32521-53100-21101) $ 253,319
Increase Capital Equipment (32521-66401-21101) $ 918,330
Decrease Transfer from Debt Service Fund (32381-38115-21101) $ 2,537,370
Increase Transfer from Police Impact Fees Fund (32381-38118-21101) $ 3,196,723
Increase Transfer from Infrastructure Sales Tax Fund (32381-38104-21101) $ 107,060
To amend the budget for the revised costs of the Police Station
construction project.
2. Increase Capital Outlay—Fire Station No. 4 (32522-66201-22801) $ 55,000
Increase Transfer from Fire Impact Fees Fund (32381-38116-22801) $ 55,000
To amend the budget for Fire Station No. 4 construction change order
approved by the City Council on February 9, 2016.
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CITY OF CLERMONT
RESOLUTION NO. 2016-07
3. Increase Transfer from General Fund (32381-38100-95107) $ 1,265,300
Increase Capital Outlay—Promenade (32572-66301-95107) $ 1,265,300
To amend the budget for the transfer of the Hooks Street property sale net
proceeds to the Capital Projects Fund for the-Promenade Project.
STORMWATER FUND
1. Decrease Capital Outlay—Downtown (45538-66306-38110) $ 2,000,000
Decrease Debt Proceeds-Stormwater(45538-38402-38110 $ 2,000,000
To amend the Environmental Services Department budget to reflect not
borrowing for the Downtown Master Plan Stormwater Project.
Net Decrease to Fund Balance—All Funds $ 3,753,305
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CITY OF CLERMONT
RESOLUTION NO. 2016-07
NOW, THEREFORE, BE IT RESOLVED, that the above said budget amendments of
the City of Clermont for the Fiscal Year 2015-2016 are hereby adopted.
DONE AND RESOLVED by the City Council of the City of Clermont, Lake County,
Florida;,this 22nd day of March, 2016.
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•$,tiGail L. Ash, Mayor
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Tracy Ackroyd Howe, City Clerk
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Daniel F. Mantzaris, City Attorney