Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Amending The Fiscal Year 2022 Operating Budgets Of Various Funds As Adopted And Approved By Resolution R-2021-244; Amending The Fiscal Year 2022 Capital Improvement Plan As Adopted And Approved By Resolution R-2021-245.
Strategic Plan Focus
Financial Management & Administration
Body
Staff Recommends: Approval of the Resolution.
Explanation:
This Resolution seeks authorization to amend the Fiscal Year (FY) 2022 Operating Budget and the FY 2022 Capital Improvement Plan adopted and approved by the City Commission on September 23, 2021, pursuant to Resolutions R-2021-244 and R-2021-245 respectively.
Fiscal Impact:
Exhibits 1 and 4 include budgetary amendments transferring $35,000 from the General Fund contingencies to the General Capital Fund to cover the cost differential of the pothole machine based on an updated quote from the vendor.
Exhibit 2 recognizes grants awarded to the Police Department within the Police Grants Fund totaling $326,868 within the Police Grant Fund. The amendments primarily consist of:
* Recognition and allocation of the Florida Department of Transportation's Speed and Aggressive Grant in the amount of $60,000. The proceeds will be used for overtime, speed measurement and radar equipment purchases.
* Recognition and allocation of the Enhanced Marine Law Enforcement Grant in the amount of $63,368. This budget amendment covers eligible overtime and training.
* The third budget amendment is a placeholder in anticipation of award from the Federal Railroad Administration in the amount of $120,000. If awarded, the Budget Office will execute the budget amendment to recognize the award and allocate it for eligible railroad enforcement expenses.
* Recognition and allocation of $73,500 grant award from the Florida Department of Health for the purchase of a portable mass spectrometer which will improve opioid drug surveillance.
* This final budget amendment...
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