Hollywood FL banner
File #: R-2015-149    Version: 1 Name: FY15 Mid-year Adjustment - Fund 34
Type: Resolution Status: Passed
File created: 6/4/2015 In control: Department of Financial Services
On agenda: 6/17/2015 Final action: 6/17/2015
Title: A Resolution Of The City Commission Of The City Of Hollywood, Florida, Amending The General Capital Projects Fund (Fund 34) For The Fiscal Year 2015 Adopted Budget (R-2014-282), Revising Operating Revenues, Authorizing Budgetary Transfers, And Providing An Effective Date.
Attachments: 1. Reso - Fund 34.pdf, 2. Fund 34 Exhibit 1.pdf, 3. BIS 15-193.pdf
Title
A Resolution Of The City Commission Of The City Of Hollywood, Florida, Amending The General Capital Projects Fund (Fund 34) 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:
This Resolution seeks authorization to amend the Fiscal Year 2015 Operating Budget for the General Capital Projects Fund (Fund 34), approved via Resolution R-2014-282 on September 29, 2014 by the City Commission.
 
The proposed amendment recognizes and appropriates additional revenues and expenditures for the General Capital Projects Fund.  This includes the following:
 
·      Transfer from the General Fund for Great Neighborhood Challenges II - Public Spaces and a portion of the Dunes Restoration Project
·      Recognizing revenues related to the Tree Fund and allocating those funds to the replanting portion of the Dunes Restoration Project.
·      Authorizing rollover of additional balances related to Capital Projects that have been previously approved by the City Commission.  These rollovers and adjustments are a result of completion of the FY 2014 audited financial statements.
 
 
Recommended for inclusion on the agenda by:
Wazir Ishmael, Ph.D., City Manager
George R. Keller, Jr., Assistant City Manager for Finance and Administration
Matthew Lalla, Director, Financial Services