Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Amending The Fiscal Year 2025 Operating Budgets Of Various Funds As Adopted And Approved By Resolution R-2024-317; Amending The Fiscal Year 2025 Capital Improvement Plan As Adopted And Approved By Resolution R-2024-318; Authorizing The Appropriate City Officials To Accept Grants And Execute All Applicable Grant Documents.
Strategic Plan Focus
Financial Management & Administration
Body
Staff Recommends: Approval of the attached Resolution.
Explanation:
This Resolution seeks authorization to amend the Fiscal Year (“FY”) 2025 Operating Budget and the FY 2025 Capital Improvement Plan adopted and approved by the City Commission on September 18, 2024, pursuant to Resolutions R-2024-317 and R-2023-318 respectively.
Fiscal Impact:
Exhibits 1 - 7 include budgetary and capital amendments within various funds of $5,612,660. The amendments consist of:
Exhibit 1, reverses a $2,300,000 transfer from surplus fund balance within the General Fund as follows:
• Reverses an allocation of $3,000,000 from the surplus fund balance previously moved for expenses associated with the Hollywood Beach Golf Course that will now be covered by the CRA. The remaining $2,000,000 of the original $5,000,000 moved from the surplus for this project will be reimbursed by the CRA over the course of FY25, FY26, and FY27.
• Allows for the allocation of $700,000 for costs associated with the Gateway Signing project.
Exhibit 2, within the Special Revenue Fund:
• Recognizes $19,558 in proceeds from the Florida Department of Health EMS Matching Grant and allocates it for the purchase of 5 manikins and implementation of the enhanced cardiac arrest and resuscitation training.
• Recognizes and appropriates $528,300 in proceeds from the Hazard Mitigation Grant Program for wind protection at City Hall.
• Recognizes $22,000 in donations received by the City for ongoing Centennial celebrations.
Exhibit 3, within the Police Grants Fund:
• Recognizes $191,390 in proceeds from the Energy Efficiency and Conservation Block Grant and allocates it for the purchase of 2 electric vehicles and 1 portable electric vehicle charger for the Police Department.
• Recognizes $91,448 in proceeds from the Victims of Crime Act grant which provides funding for an additional Police Department Victim Advocate position and associated materials.
• Recognizes $67,064 in proceeds from the Enhanced Marine Law Enforcement Grant for costs associated with overtime patrolling of marine waterways.
• Recognizes $25,000 in proceeds from the Florida Department of Transportation Impaired Driver Grant and allocates it for overtime costs.
Exhibit 4, within the Building Fund:
• Recognizes $1,215,010 of available surplus fund balance in the Building Fund and allocates it for costs associated with the continued implementation of the Accela program.
• Reallocates $175,000 from budgeted contingencies in the Building Division for professional consultant services for costs associated with upcoming large development projects.
Exhibit 5, within the Opioid Settlement Fund:
• Recognizes $225,000 in proceeds from the Opioid Settlement Fund received in FY 2024 and allocates them with the Department of Fire Rescue & Beach Safety.
Exhibit 6, within General Capital Outlay Fund:
• Reverses a transfer in of $3,000,000 from the General Fund for expenses associated with the Hollywood Beach Golf Course that will now be covered by the CRA. The remaining $2,000,000 of the original $5,000,000 moved from the surplus for this project will be reimbursed by the CRA over the course of FY25, FY26, and FY27.
• Allocates $700,000 for costs associated with the Gateway Signing project
Exhibit 7, within the Sanitation Enterprise Fund:
• Recognizes $52,900 of available surplus fund balance and allocates it for operational needs including equipment for additional staff.
Recommended for inclusion on the agenda by:
Jonathan Antista, Director of Budget & Performance Management
Adam Reichbach, Assistant City Manager