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2025-05 General Fund Budget AmendmentORDINANCE NO. 2025-05 AN ORDINANCE OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA, AMENDING THE ADOPTED GENERAL FUND BUDGET TO PROVIDE FUNDING FOR THE PURCHASE OF REAL PROPERTY FOR A NEW PUBLIC WORKS DEPARTMENT FACILITY; TRANSFERRING $1,065,000 FROM THE UNASSIGNED FUND BALANCE TO THE CAPITAL PROJECTS FUND PUBLIC WORKS LAND ACQUISITION CAPITAL ACCOUNT; PROVIDING FOR CONFLICTS; PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, in order to provide funding for the acquisition of real property for the construction of a new Public Works Department facility, the Village Council wishes to amend the General Fund Budget to transfer $1,065,000.00 from the Unassigned Fund Balance to the Capital Projects Fund Public Works Land Acquisition Capital Account; and WHEREAS, because this amendment increases the total amount of the budget, this transfer must be accomplished by ordinance as required by Section 166.241, Florida Statutes; and WHEREAS, the Village Council determines that the adoption of this budget amendment is in the best interests of the Village and its residents. NOW, THEREFORE, BE IT ORDAINED BY THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA as follows: Section 1. The foregoing recitals are hereby ratified as true and correct and incorporated herein. Section 2. The Village Council hereby amends the adopted Village of North Palm Beach General Fund budget for Fiscal Year 2025 as follows: BudLaet Amendment: Account Description Use Source General Fund: A4600-09100 Appropriated Fund Balance $1,065,000 A5540-49032 Transfer Out to Capital Projects Fund $ 1,065,000 Total General Fund $1,065,000 $1,065,000 Capital Projects Fund: K3900-09180 Transfer In from General Fund $1,065,000 K6018-66100 Public Works Admin - Land $ 1,065,000 Total Capital Projects Fund $ 1,065,000 $1,065,000 Page 1 of 2 Section 3. The Mayor and Village Clerk are hereby authorized and directed to execute the budget amendment for and on behalf of the Village of North Palm Beach. Section 4. If any section, paragraph, sentence, clause, phrase, or word of this Ordinance is for any reason held by a court of competent jurisdiction to be unconstitutional, inoperative, or void, such holding shall not affect the remainder of this Ordinance. Section 5. All ordinances and resolutions, or parts of ordinances and resolutions, in conflict herewith are hereby repealed to the extent of such conflict. Section 6. This Ordinance shall be effective immediately upon adoption. PLACED ON FIRST READING THIS 13TH DAY OF FEBRUARY, 2025. PLACED ON SECOND, FINAL READING AND PASSED THIS 27TH DAY OF FEBRUARY. 2025. .R1DA MAYOR ATTEST: ILLAGE CLERK APPROVED AS TO FORM AND LEGAL SUFFICIENCY: VILLAGE ATTORNEY Page 2 of 2