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File #: 8766   
Type: Public Hearing Status: Agenda Ready
File created: 3/27/2026 In control: Budget
On agenda: 4/7/2026 Final action:
Title: Approval of Third Quarter Supplemental Budget for Fiscal Year 2025-2026
Attachments: 1. Resolution - 3rd Qtr 2026.pdf, 2. 3rd Quarter Listing of Budget Changes FY26.pdf, 3. FY26 3rd Quarter Budget Changes.pdf, 4. FY26 3rd Quarter Legal Ad.pdf
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Subject:

Title

Approval of Third Quarter Supplemental Budget for Fiscal Year 2025-2026

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Fiscal Impact:

The budget supplement amends the County’s budget from $2,522,735,568 to $2,528,500,368, an increase of $5,764,800 or 0.23%

Dept/Office:

Budget Office

Requested Action:

Recommendation

It is requested that the Board of County Commissioners approve a Supplemental Budget for the Third Quarter of Fiscal Year 2025-2026, authorize the chair to sign the Resolution, and approve the budget changes and such actions as are necessary to implement the adopted changes.

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Summary Explanation and Background:

The County’s supplemental Budget for the Third Quarter of 2025-2026 is adopted by a resolution after holding a public hearing as required by Chapter 129, Florida Statutes. Supplemental Budget Change requests for applicable County Agencies are included in the Supplemental package. These documents are attached for review and approval.

 

A summary of the proposed Budget Supplement, along with a notice of date and time of the public hearing, was advertised in the April 3, 2026, edition of the Florida Today.

 

General Funds increase by $2.46M, primarily due to interest earnings exceeding anticipated amounts in FY 25. Funds are being allocated to the Brevard County Government North for VAV replacement and gazebo teardown, Agricultural Center roof replacement, Medical Examiner’s Office improvements, as well as to the Sheriff for various incomplete equipment purchases from the prior fiscal year in accordance with Board action on November 18th, 2025.

 

Special Revenue funds increase by $3.4M, which is primarily due to increases associated with the following programs: Sheriff’s Office Law Enforcement MSTU, State Forfeiture and Crime Prevention fund balances are being recognized and allocated to capital and operating purchases associated with the programs; Fire Assessment Fund balance is being recognized and allocated to additional equipment including bunker gear and a water tender apparatus; Parks and Recreation North Parks fund balances are being allocated to transformer equipment replacement (James Park), pedway replacement (Nicol Park), playground replacement (Stuart Park), as well as ADA playground improvements at the Cuyler Community Center; Parks and Recreation Special District Operations and Maintenance (District 4) fund balances are being allocated to gutter and soffit installation at Martin Andersen Senior Center as well as lazer grade and resod multi-purpose fields at the Cocoa West Complex. These adjustments are offset by a decrease in the Emergency Medical Services fund balance associated with delayed receipt of Medicaid Managed Care Organization revenue that is expected to be received prior to June 1st of the current fiscal year.

 

Transportation Trust Funds increase by $1.77M, primarily due to the following adjustments: Public Works Gas Tax fund balances are being allocated to capital improvement projects such as Rockledge Drive and W. Central Ave Bridge; Public Works Road & Bridge District 2 Dredging fund balances are being recognized and allocated to East Central and Indian River Canal Projects.

 

Enterprise Funds increased by $1.2M due to Solid Waste recognizing fund balances from the prior year and allocating those funds to equipment purchases including transfer trailers, a dozer GPS system and other equipment items.

 

Debt Service Funds increased by $167K due to Parks and Recreation recognizing interest earnings in the South Parks Debt fund which is scheduled to be paid off in the current fiscal year.

 

Internal Service Fund decreased by $3.28M due to recognizing fund balances in Human Resources’ Employee Benefits and Risk Management funds where claims expenses exceeded projections in the prior fiscal year.

Clerk to the Board Instructions: