Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Amending The Fiscal Year 2026 Operating Budgets Of Various Funds As Adopted And Approved By Resolution R-2025-335; Amending The Fiscal Year 2026 Capital Improvement Plan As Adopted And Approved By Resolution R-2025-336.
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) 2026 Operating Budget and the FY 2026 Capital Improvement Plan adopted and approved by the City Commission on September 25, 2025, pursuant to Resolutions R-2025-335 and R-2025-336 respectively.
Fiscal Impact:
Exhibits 1 - 8 include budgetary and capital amendments within various funds totaling $18,571,921. The amendments consist of:
Exhibit 1, within the General Fund:
• Reallocates $156,000 for the cleaning contract at the new Police Headquarters
• Transfers $8,331,956 received in FY25 for the PFAS settlement to the Water and Sewer Fund
Exhibit 2, within the Police Grants Fund, recognizes $50,000 in Broward Boating Improvement Program (BBIP) grant proceeds and allocates funding for the removal of derelict vessels.
Exhibit 3, within the Opioid Settlement Fund, allocates $250,000 in settlement funds collected in prior fiscal years and allocates funding for eligible expenditures.
Exhibit 4, within the County Surtax Transportation Fund:
• Allocates $2,237,000 for the Johnson Street C-10 Canal Bridge project
• Allocates $2,943,170 for two rehabilitation and maintenance projects
Exhibit 5, within the General Capital Projects Fund, reallocates funding from closed or reprioritized projects and combines funding for similar projects in the amount of $1,438,915.
Exhibit 6, within the Major Equipment Replacement Fund, transfers $1,076,800 back to the Water and Sewer Fund for the purchase of vehicles.
Exhibit 7, within the Water and Sewer Fund:
• Recognizes the transfer of $236,749 from the Major Equipment Replacement Fund and $1,076,800 from the Central Services Fund for the purchase of vehicles
• Reallocates $1,627,000 in available funding for operational needs
• Recognizes the transfer of $8,331,956 from the PFAS settlement and allocates funding for PFAS compliance.
Exhibit 8, within the Central Services Fund:
• Transfers $236,749 for the purchase of vehicles back to the Water and Sewer Fund
• Reallocates $224,331 in available funding from closed vehicle purchase projects to the vehicle lease program.
Recommended for inclusion on the agenda by:
Duncan Brown Jr., Director of Budget & Strategy
Adam Reichbach, Deputy City Manager