****BLUE SHEET**** ] AGENDA MEMORANDUM. City Commission..m.,/ Robert DiSpirito, City Manager 1r. Budget Amendment 13-39

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1 ****BLUE SHEET**** ] Agenda Item: Meeting Date: NB-1 09/12/13 AGENDA MEMORANDUM TO: FROM: DATE: SUBJECT: PRESENTER: RECOMMENDATION: BUDGET IMPACT: PAST ACTION: ATTACHMENTS: NEXT ACTION: BACKGROUND: City Commission..m.,/ Robert DiSpirito, City Manager 1r September 10, 2013 Budget Amendment Karen Feeney, Finance Director Approve See below None Resolution Memo from Karen Feeney dated September 3, 2013 and attached Appendix A None The reason for a Blue Sheet is that a Project-to-Project transfer in the Penny Fund of $140,426 for Skinner Boulevard was previously omitted.

2 ****BLUE SHEET*** * RESOLUTION A RESOLUTION AMENDING THE OPERATING AND CAPITAL BUDGETS FOR THE CITY OF DUNEDIN, FLORIDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2012 AND ENDING SEPTEMBER 30, 2013; AND PROVIDING FOR AN EFFECTIVE DATE HEREOF. WHEREAS, the City Commission has considered pertinent facts and data relative to municipal finance status and needs; and WHEREAS, the City Commission now desires to revise the FY 2013 Operating and Capital Budget. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DUNEDIN, FLORIDA, DULY ASSEMBLED THAT: This Budget Amendment Resolution provides for budget transfers between funds and projects, and for various adjusting entries, as follows: 1. Transfer $ from General Fund Project # to County Gas Tax Fund and to Project # for Streets Resurfacing. 2. Transfer $ from General Fund to Stadium Fund for Spring Training Economic Impact Study. 3. Reduce a one-sided lnterfund Transfer of $ from General Fund to Debt Service Fund for Palm Blvd. 4. Transfers in the Penny Fund from Corridor Studies, to Lyndhurst Street, $, and to Skinner Boulevard Reconstruction, $140, Transfer $ from Stormwater Project # (Amberlea) to Stormwater Project # for Pipe Lining Rehab. 6. To correct a one-sided Fleet Services Fund Budget transfer of $. 7. Necessary accounting entries to affect these changes are directed. 8. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED BY THE CITY COMMISSION OF THE CITY OF DUNEDIN, FLORIDA, THIS. DAY OF, Dave Eggers

3 ATTEST: Mayor Denise M. Schlegel City Clerk Resolution Page 2 of 2

4 ****BLU E SHEET **** Department of Finance Interoffice Memorandum TO: FROM: Mr. Rob DiSpirito, City Manager Ms. Karen Feeney, Finance Director DATE: 9/3/2013 RE: Budget Amendment, Resolution Purpo e This budget amendment is being done to transfer monies/budgets between funds and projects, and to correct some original budgets. Net change to fund balances is an increase of $535,708. This is comprised of a reduction of Cemetery Fund balance in the General Fund of $, an increase of $ in Fleet Services, and a decrease in fund balance in the Palm Boulevard Debt Service Fund. General Fund There is a transfer out from the General Fund to County Gas Tax Fund for Cemetery roads - $, and the offsetting revenue (transfer in) and expense in the County Gas Tax Fund. Also included is a transfer out to the Stadium Fund- $ (for a spring training study). Stormwater Fund In the Stormwater Fund transfers from the Pipe Lining Rehabilitation project to the Amberlea Subdivision project in the amount of$ are being made. Other Transfers Transfers being eliminated are a Transfer Out from Fleet Services of $, and a Transfer In in the Palm Boulevard Debt Service Fund - $. Both budgets were one-sided, i.e. there was no offsetting transfer in/out. In the case of the Fleet Services fund, this just helps to maintain the fund balance, which is being depleted in FY2014. In the case of the Palm Boulevard Debt Service Fund, the last payment is being made using fund balance. CRA Budgeted funds are being transferred from one project- Wayfinding, to another- Edgewater Connection, in the CRA fund. Pe:tmyF1md In the Penny Fund, budgeted funds are being transferred to Lyndhurst Street - $, and to Skinner Boulevard $140,426, from Corridor Studies and Improvements.

5 City of Dunedin, FL Proposed Budget Amendment FY2013 BA I Fund/Account "'**BLUE SHEET**** 9/10/13 Rev.3 Project Number Debit Credit GENERAL FUND OOI Transfer Out to County Gas Tax Fund Cemetery Funds Transfer Out to Stadium Fund City Clerk- expense budget reduction Transfer for Cemetery road paving and for Spring Training Study. 50,500 7, ,.500 STADIUM FUND- 111 Transfer In Professional Services -Study Budget for Spring Training Study COUNTY GAS TAX FUND- 330 Transfer In Cemetery Road Resurfacing Increase fund budget for Road Work related to Cemetery. PALM BLVD. DEBT SERVICE FUND- 223 lnterfund Transfer/Transfers from General Fund Fund Balance Reduce transfer in/no transfer out was budgeted. Not needed. PENNY FUND- 334 Corridor Studies and Improvements Lyndhurst Street new FOOT Reimbursement Revenue Skinner Blvd. Move budget from one project to another , ,426 STORMWATER FUND- 443 Amberlea Subdivision Pipe Lining Rehab Project to project transfer FLEET SERVICES FUND- SSO Transfers out Fund Balance Correct budget, transfer was recorded on one side only. Not needed. CRA FUND Edgewater Connection Wayfinding Transfer funds for additional brickwork from another project Net Increase $ $ 154, ,708 1 of 1