Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Amending The Sanitation Fund (Fund 45) For The Fiscal Year 2015 Adopted Budget (R-2014-282), Revising Operating Revenues, Authorizing Budgetary Transfers, And Providing An Effective Date.
Body
Staff Recommends: Approval of the attached Resolution
Explanation:
Certain routine and periodic budgetary adjustments and transfers continue to be appropriate and necessary during the Fiscal Year.
The proposed amendment recognizes the Resource Recovery Board settlement received by the City in the amount of $2,719,299.46. Funding is being allocated to capital projects, the purchase of a street sweeper and net position or reserves.
Recommended for inclusion on the agenda by:
Dr. Wazir Ishmael, City Manager
George R. Keller, Jr., Assistant City Manager for Finance and Administration
Matthew Lalla, Director, Financial Services