Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Amending The Stormwater Utility Fund (Fund 43) For The Fiscal Year 2014 Adopted Budget (R-2013-275), 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 amendments recognize and appropriate additional revenues and expenditures for the Stormwater Utility Fund.
Additional fund balance recognized as of September 30, 2013 results in a total Net Position of $8,432,093.
Recommended for inclusion on the agenda by:
Cathy Swanson-Rivenbark, City Manager
Matthew Lalla, Director, Financial Services