2011-45 Capital Improvement Plan Funding RESOLUTION 2011-45
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF NORTH
PALM BEACH, FLORIDA, AMENDING THE ADOPTED GENERAL FUND BUDGET
• FOR FISCAL YEAR 2010-2011 TO TRANSFER SAVINGS FROM VARIOUS
GENERAL FUND ACCOUNTS TO THE CAPITAL PROJECTS RESERVE EXPENSE
ACCOUNT TO FUND THE FIVE-YEAR CAPITAL IMPROVEMENT PLAN;
PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the Village Council expressed a desire to transfer anticipated savings from the Fiscal Year
2010-2011 budget to the Capital Projects Fund in order to commence funding the Five-Year Capital
Improvement Plan(CIP); and
WHEREAS, during its preliminary year-end review, the Finance Department Administration identified
accounts with savings and recommends transferring these savings to the Capital Projects Reserve Account
to provide CIP funding; and
WHEREAS, the Village Council determines that the adoption of a budget amendment to provide for a
transfer to the Capital Projects Fund is in the best interests of the residents and citizens of the Village of
North Palm Beach.
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH,
FLORIDA, as follows:
Section 1. The foregoing recitals are ratified as true and incorporated herein.
Section 2. The Village Council hereby amends the adopted Village of North Palm Beach General Fund
budget for Fiscal Year 2010-2011 as follows:
Budget Amendment:
Sources of Funds: -General Fund
Department/Division Category Use Source
Code Enforcement Personnel $ 17,000
Facility Services Operating $ 65,000
Fire Rescue Personnel $ 77,000
Fire Rescue Operating $ 12,000
General Services Public Safety Operating $ 29,000
General Services Village Hall Operating $ 10,000
Law Enforcement Personnel $148,000
Law Enforcement Operating $ 19,000
Library Personnel $ 30,000
Library Operating $ 10,000
Library Capital $ 10,642
Reserves&Contingencies Council Contingency $165,000
Sanitation Personnel $ 50,000
Sanitation Operating $ 45,000
Street Maintenance Personnel $ 11,000
Street Maintenance Operating $ 87,000
Building Personnel $ 9,800
Finance Operating $ 10,000
Finance Personnel $ 12,500
•A5540-49032 Transfer Out to Capital Projects Fund Transfer out to Capital Projects Fund $817,942
Total $817,942 $817,942
Uses of Funds: -Capital Projects Fund _
K3900-09180 Transfer In from General Fund Transfer in from General Fund $817,942
K5541-66000 Reserve Expenses-Capital General Fund CIP Funding _ $817,942
Total $817,942 $817,942
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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.
41) Section 4. All resolutions or parts of resolutions in conflict herewith are hereby repealed to the extent
of such conflict.
Section 5. This resolution shall take effect retroactive to September 30, 2011.
PASSED AND ADOPTED THIS 27th DAY OF OCTOBER, 2011.
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