Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Amending The Fiscal Year 2024 Operating Budgets Of Various Funds As Adopted And Approved By Resolution R-2023-300; Amending The Fiscal Year 2024 Capital Improvement Plan As Adopted And Approved By Resolution R-2023-301; 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”) 2024 Operating Budget and the FY 2024 Capital Improvement Plan adopted and approved by the City Commission on September 20, 2023, pursuant to Resolutions R-2023-300 and R-2023-301 respectively.
Fiscal Impact:
Exhibits 1 - 13 include budgetary amendment within various funds totaling $31,169,973 (net of transfers). The amendments consist of:
Exhibit 1, within the General Fund:
• Reallocates available funding in the amount of $119,420 to centralize and streamline the payments for printer and copier services.
• Transfers funding in the amount of $2.27 million from available fund balance to the General Capital Outlay Fund for various capital projects.
• Transfers $254,032 from the Police Department to the City Manager’s Office for the personnel costs associated with the Director of Public Safety position.
Exhibit 2, within the Law Enforcement Forfeiture Fund, recognizes $5,800 in auction proceeds and allocates funds for eligible investigative expenses.
Exhibit 3, within the Police Grants Fund recognizes and allocates associated funding for the following grants:
• $50,000 from the State Attorney General Victims of Crime Act Program and allocates the funding for the Victim Advocate position.
• $60,000 from the Florida Department of Transportation (“FDOT”) Workzone Safety Grant to provide enhanced patrols in work zones and for the purchasing of safety equipment.
• $50,000 from the FDOT Impaired Driver Grant to enhance officer enforcement and to increase community awareness about impaired driving.
• $25,000 from the FDOT Occupant Protection grant to provide enhanced seat belt and speeding enforcement.
• $65,382 from the Enhanced Marine Law Enforcement Grant fund to improve marina law enforcement and education.
Exhibit 4, within the Building Fund, reallocates $6,360 to centralize and streamline payments for printer and copier services and transfers $480,000 to the General Capital Outlay Fund for the expansion of the 2nd Floor Library.
Exhibit 5, within the CDBG Fund, reallocates $3,250 to centralize and streamline payments for printer and copier services and reallocates $750,472 in available CDBG funding to better serve operational needs.
Exhibit 6, within the General Capital Outlay Fund:
• Recognizes $1.6 million transfer from the General Fund for the capitalized lease payments for the educational space at the University Station Development.
• Recognizes $150,000 transfer from the General Fund for the design of the North Beach Walking Trail.
• Recognizes $600,000 transfer from the General Fund and the Building Fund for the expansion of the 2nd Floor Library.
• Recognizes $400,000 transfer from the General Fund for the purchase of equipment for Dowdy Field.
• Recognizes $35,612 in prior year beach maintenance revenue and allocates it for the purchase of necessary equipment.
• Transfers $30,000 for the costs associated with the building of the COVID-19 Memorial project.
• Recognizes and allocates $2,525,000 in debt proceeds for the Noresco streetlighting program.
Exhibit 7, within the GOB Capital Projects Fund, transfers $700,000 of available funding within the Parks, Open Space, Recreational and Cultural Facilities category for the costs associated with the Art and Culture Center.
Exhibit 8, within the Water and Sewer Fund:
• Reallocates $22,070 to centralize and streamline payments for printer and copier services.
• Reallocates $1,242,500 in available funding to better serve operational needs.
• Reallocates $7,600,000 in previously approved capital funding to address the costs related to the Ocean Outfall Pump Station 1 project.
• Reallocates $10,000,000 in Renewal, Replacement and Improvement funding to fund the construction of Lift Station E-08 and W-9.
• Reallocates $250,000 in previously approved capital funding for the ongoing costs of the FDOT Utilities relocation project.
• Allocates $4,000,000 in loan proceeds from the State Revolving Fund related to the Deep Injection Well No. 3 and No. 4 Pump Station Project.
• Recognizes $43,694 in auction proceeds and allocates the funding for various equipment purchases.
Exhibit 9, within the Stormwater Utility Fund:
• Reallocates $7,190 to centralize and streamline payments for printer and copier services.
• Reallocates $100,000 to better serve operational needs related to the maintenance of machinery.
• Reallocates $150,000 in previously approved capital funding for the FDOT Utilities relocation project.
Exhibit 10, within the Golf Enterprise Fund, reallocates $1,370 to centralize and streamline payments for printer and copier services.
Exhibit 11, within the Parking Enterprise Fund, reallocates $3,470 to centralize and streamline payments for printer and copier services and recognizes $315 in auction proceeds and allocates the funding for vehicle purchases.
Exhibit 12, within the Central Services Fund:
• Reallocates $187,680 to centralize and streamline payments for printer and copier services.
• Recognizes $40,772 in auction proceeds and allocates it for the purchase of general fleet vehicles.
• Recognizes $89,714 in auction proceeds and allocates it for the purchase of police vehicles.
Exhibit 13, within the Insurance Fund, reallocates $870 to centralize and streamline payments for printer and copier services.
Recommended for inclusion on the agenda by:
Jonathan Antista, Director of Budget & Performance Management
Adam Reichbach, Assistant City Manager for Finance and Administration