Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Amending The Fiscal Year 2023 Operating Budgets Of Various Funds As Adopted And Approved By Resolution R-2022-283; Amending The Fiscal Year 2023 Capital Improvement Plan As Adopted And Approved By Resolution R-2022-284; 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) 2023 Operating Budget and the FY 2023 Capital Improvement Plan adopted and approved by the City Commission on September 22, 2022, pursuant to Resolutions R-2022-283 and R-2022-284 respectively.
Fiscal Impact:
Exhibits 1-10 include budgetary amendments within various funds totaling $86,097,353. The amendments consist of:
Exhibit 1, within the General Fund:
* Recognizes $7,500 refund and allocates it for the purchase of canine supplies for the Police Department.
* Transfers $24,748 within the Department of Fire-Rescue & Beach Safety and Department of Design & Construction Management to address their operational needs.
* Recognizes $35,612 from the City of Hallandale Beach for beach maintenance services and allocates the funds to the General Capital Fund for beach maintenance equipment.
* Recognizes $23,822,822 of excess fund balance and transfers it to the General Capital Fund and Central Services Fund for Citywide projects.
* Transfers $73,461 from General Fund contingency to cover prior year expenses deemed ineligible for the HOME grant.
Exhibit 2, within the Police Grant Funds, accepts a grant from the Pedestrian and Bicycle Safety Grant Program in the amount of $37,807 and allocates it for staffing cost for education and reinforcement of pedestrian, bicyclist, and driver safety.
Exhibit 3, within the Community Development Block Grant ("CDBG") Fund, real...
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