Subject:
Title
Approval of Third Quarter Supplemental Budget for Fiscal Year 2024-2025
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Fiscal Impact:
The budget supplement amends the County’s budget from $2,280,960,202 to $2,298,298,825, an increase of $17,338,623 or 0.76%.
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 2024-2025, 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 FY 2024-2025 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 4, 2025, edition of the Florida Today.
Enterprise Funds increase by $6.3M, primarily due to Solid Waste Disposal projects that were under construction and did not progress as anticipated in FY24 and are being carried-forward.
Transportation Trust Funds increase by $4.5M due to projects that were in the design or construction phase in FY24 not progressing as anticipated. Balance forward associated with these projects is being recognized and allocated to allow project progression in on-going transportation projects.
General Funds increase by $3.7M, primarily due to interest earnings and excess fees being more than anticipated in FY24. Funds are being allocated to Supervisor of Elections voting equipment as well as being set-aside for future needs including special elections, Detention Center infrastructure refurbishments, State Attorney case management upgrade, and Clerk security cameras.
Special Revenue Funds increase by $1.5M, which is primarily due to increases associated with the following departments and 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 these programs; Housing and Human Services Hurricane Housing Recover Program grant funds; and the Emergency Management 800 MHz P25 Upgrade. These increases are offset by a decrease in Library Services due to completing more CIP projects than anticipated in FY24.
Capital Project Funds increase by $1.3M due to the unspent balance of the Emergency Operations Center construction fund, which is being recognized and transferred to the General Fund.
Clerk to the Board Instructions: