Resolution No. 2022-040RCLER Ott
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CITY OF CLERMONT
RESOLUTION NO 2022-04OR
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
2021-2022
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, 2021 to September 30, 2022:
GENERAL FUND
General Fund Revenue
2022 Current
Proposed Budget
Total 2022 Revised
Account Description
Budget
Amendment
Budget
Transfer In ARPA Fund Rev. Replace
$778,590
$9,221,410
$10,000,000
Total General Fund Revenues
$778,590
$9,221,410
$10,000,000
General Fund Expense
2022 Current
Proposed Budget
Total 2022 Revised
Account Description
Budget
Amendment
Budget
Transfer To Capital Projects Fund
$550,000
$7,731,492
$8,281,492
Ending Reserves
$10,379,824
$1,489,918
$11,869,742
Total General Fund Expenses
$550,000
$7,731,492
$8,281,492
GENERAL FUND BALANCE — Net Increase of $1,489,918
CAPITAL PROJECTS FUND
Capital Projects Fund
Revenue Account Descrip
i ransrer to Prom ueneral Puna
2022 Current Proposed Budget Total 2022 Revised
Budget Amendment Budget
$550,000 $7,731,492
$8,281,492
Total Capital Project Fund Revenue $550,000 $7,731,492 $8,281,492
CLER gNT
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Capital Projects Fund
)ense Account Descripi
CITY OF CLERMONT
RESOLUTION NO 2022-04OR
2022 Current I Proposed Budget I Total 2022 Revised
Budget Amendment Budget
Cap Out - Land Dwntwn Prkng 95116 - $1,914,327
Cap Out Imprv- Dwntwn Prkng 95116 - $208,587
Cap Prof Svs - Dwntwn Prkng 95116 - $18,789
Cap -Bldg Ps Facility 49000 $7,199,642 $3,403,309
Cap-Oth Imp Dt Wtrfntcor 95113 $2,500,000 $2,186,480
Ending Reserves $93,449 $0
Total Capital Project Fund Expenses $9,699,642 $7,731,492
CAPTIAL PROJECT FUND BALANCE — Net Increase of $0
A_MERICAN RESCUE PLAN ACT (ARPA) FUND
ARPA Fund Revenue 2022 Current I Proposed Budget
udget Account Description BAmendment
ARPA Revenues
Total ARPA Fund Revenues
ARPA Fund Expense
Account Description
Trans. To General Fund Rev. Replace
Trans. To Water Fund — Downtown Inf
Trans. To Sewer Fund - Downtown Inf
Trans. To Strmwtr Fund - Dwntwn Infr
Ending Reserves
Total ARPA Fund Expenses
$8,000,000
$8,000,000
$11,356,075
$11,356,075
$1,914,327
$208,587
$18,789
$10,602,951
$ 4,686,480
$93,449
$17,431,134
Total 2022 Revised
$19,356,075
$19,356,075
2022 Current Proposed Budget I Total 2022 Revised
Budget Amendment Budget
$778,590
$9,221,410
$10,000,000
$0
$455,623
$455,623
$0
$364,529
$364,529
$0
$410,421
$410,421
$5,657,396
$904,092
$6,561,488
$778,590 $10,451,983 $11,230,573
ARPA FUND BALANCE — Net Increase of $904,092
CLER
WATER FUND
Water Fund Revenue
Account Description
Trans. In ARPA — Downtown Infr.
Total Water Fund Revenue
Water Fund Expense
Account Description
CITY OF CLERMONT
RESOLUTION NO 2022-04OR
2022 Current Proposed Budget I Total 2022 Revised
Budget Amendment Budget
$0 $455,623 $455,623
$0 $455,623 $455,623
2022 Current Proposed Budget Total 2022 Revised
Budget Amendment Budget
Cap Projects — Downtown Infr Water $0 $455,623 $455,623
Ending Reserves $12,094,876 $0 $12,094,876
Total Water Fund Expense $0 $455,623 $455,623
WATER FUND BALANCE — Net Increase of $0
SEWER FUND
Sewer Fund Revenue
2022 Current
Proposed Budget
Total 2022 Revised
Account Description
Budget
Amendment
Budget
Trans. In ARPA — Downtown Infr.
$0
$364,529
$364,529
Total Sewer Fund Revenue
$0
$364,529
$364,529
Sewer Fund Expense
2022 Current
Proposed Budget
Total 2022 Revised
Account Description
Budget
Amendment I
Budget
Cap Projects — Downtown Infr Sewer $0
Ending Reserves $12,183,813
Total Sewer Fund Expense $0
SEWER FUND BALANCE — Net Increase of $0
$364,529
$364,529
$0
$12,183,813
$364,529
$364,529
cLER IT
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STORMWATER FUND
Stormwater Fund Revenue
Account Description
Trans. In ARPA — Downtown Infr.
Total Stormwater Fund Revenue
CITY OF CLERMONT
RESOLUTION NO 2022-04OR
2022 Current I Proposed Budget Total 2022 Revised
Budget Amendment Budget
$0 $410,421 $410,421
$0 $410,421 $410,421
Stormwater Fund Expense I 2022 Current Proposed Budget I Total 2022 Revised
nt Account Description Budget AmendmeBudget
Cap Projects — Dwntwn Infr Strmwter $0 $410,421
Ending Reserves $192,040 $0
Total Stormwater Fund Expense $0 $410,421
STORMWATER FUND BALANCE — Net Increase of $0
Net Increase to Fund Balance — All Funds — $2,394,010
$410,421
$192,040
$410,421
CITY OF CLERMONT
CLERONT RESOLUTION NO 2022-04OR
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NOW, THEREFORE, BE IT RESOLVED, that the above said budget amendments of
the City of Clermont for the Fiscal Year 2021-2022 are hereby adopted.
DONE AND RESOLVED by the City Council of the City of Clermont, Lake County, Florida,
this 8th day of November, 2022.
CITY OF CLERMONT
Tim Murry, kayor
Tracy Ackroyd Howe, MMC
City Clerk
as to form 4nd legality:
. Mantzaris, City Attorney