Title
Fifth Budget Amendment to the FY 2021 General Government Financial and Operating Plan Budget
Resolution No. 210452
A Resolution of the City Commission of the City of Gainesville, Florida; relating to its general government budget for the fiscal year beginning October 1, 2020 and ending September 30, 2021; amending Resolution No. 200316, as amended by Resolution No. 200933, Resolution No. 201058, Resolution No. 201115 and Resolution No. 210151 by making certain adjustments to the General Government Financial and Operating Plan Budget; and providing an immediate effective date.
Explanation
The General Government Financial and Operating Plan, which includes budgets for the General Fund, Special Revenue, Debt Service, Capital Projects, Proprietary, and Pension & OPEB Trust Funds for Fiscal Year 2021, was adopted by the Mayor and City Commission on September 24, 2020 via Resolution No. 200316. The First Budget Amendment was adopted by the Mayor and City Commission on April 1, 2021 via Resolution No. 200933. The Second Budget Amendment was adopted by the Mayor and City Commission on April 15, 2021 via Resolution No. 201058. The Third Budget Amendment was adopted by the Mayor and City Commission on June 17, 2021 via Resolution No. 201115. The Fourth Budget Amendment was adopted by the Mayor and City Commission on September 2, 2021 via Resolution No. 210151.
As the fiscal year progresses, certain routine and periodic budget adjustments and transfers of appropriated funds continue to be appropriate and necessary to ensure prudent financial management. Additionally, certain obligations, plans and projects extend between fiscal years and require an uninterrupted and sufficient source of appropriated funds to meet obligations and complete projects in progress.
This resolution seeks authorization to recognize revenue and appropriate funding as explained in the attached memorandum and as shown in Attachment “A”.
The appropriations requested by this budget amendment are to be funded with American Rescue Plan funds:
1. $500,000 for Eviction Prevention and Assistance
2. $250,000 for Utility Assistance
Strategic Connection
Goal 5 “Best in Class” Neighbor Services.
Fiscal Note
The recommended amendments are funded by the American Rescue Plan funds.
Recommendation
City Commission adopt the proposed resolution.