Title of Item:
RESOLUTION No. 115-2018; A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF STUART, FLORIDA AUTHORIZING BUDGET AMENDMENT #3 TO THE 2018-2019 GENERAL FUND AUTHORIZING A $24,055.00 TRANSFER FROM PROPERTY MANAGEMENT FUND BALANCE TO GENERAL FUND, PROVIDING AN EFFECTIVE DATE, AND FOR OTHER PURPOSES. (RC)
Summary Explanation/Background Information on Agenda Request:
Funds for the repainting of the Public Safety Complex were included in the FY19 approved budget, but not adequate.
A quote utilizing a piggybacking opportunity in accordance with Martin County Contract Number # RFB2018-3064 was $62,055.00.
This Budget Amendment #3 will allocate the funding necessary to complete the repainting of the Public Safety Complex.
Funding Source:
FROM: Property Management Fund Balance $24,055.00
TO: Transfer to General Fund $24,055.00
FROM: Transfer from Property Management $24,055.00
TO: 1190-546 Police, Repair and Maintenance $12,027.50
TO: 1201-546, Fire/Rescue, Repair and Maintenance $12,027.50
Recommended Action:
Move approval of Resolution 115-2018 authorizing Budget Amendment #3 in the amount of $24,055.00 to the 2018-2019 General Fund Budget for the repainting of the Public Safety Complex.
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