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.
* $5...
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