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ITEM: RESOLUTION NO. R2026-22 (FY 2025-2026 MID-YEAR BUDGET AMENDMENT)
A RESOLUTION OF WELLINGTON, FLORIDA'S COUNCIL AMENDING THE FISCAL YEAR 2025-2026 GENERAL FUND, GOVERNMENTAL CAPITAL FUND, SOLID WASTE FUND, SALES SURTAX CAPITAL FUND, AND TRANSPORTATION IMPACT CAPITAL FUND BUDGETS FOR MID-YEAR PROJECT AND PROGRAM CHANGES; AND PROVIDING AN EFFECTIVE DATE.
REQUEST: Approval of Resolution No. R2026-22 amending the FY 2025-2026 budgets for the General Fund, Governmental Capital Fund, Solid Waste Fund, Transportation Impact Fund, and Sales Surtax Funds as presented.
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EXPLANATION: Budget amendments required during the fiscal year to maintain operations are presented here as a combined mid-year budget amendment. Adjustments to the budgets for the School Zone Speed Camera Program, Tennis programs, Landscape Contracts, storm debris removal, Sales Surtax, and capital projects budgets, are requested to complete Fiscal Year 2025-2026 within budget.
A. The School Zone Speed Camera Program was implemented after the FY 2025-2026 budget adoption. To date, over $575,000 in revenue has been received, and an additional $175,000 is expected by the end of the school year. In the current year, the added revenue will offset Law Enforcement (PBSO) contract costs for event parking and equipment purchases, and the remainder will reduce the adopted appropriation of General Fund Unassigned Fund Balance. This budget amendment will add $750,000 in Speed Camera Program revenue, to be used for event parking PBSO staff, UTV light bars, and a reduction in fund balance appropriations.
B. Current year budget estimates for Tennis Program Contracts were based on participation projections made in the prior year. Since that time, Tennis programs have experienced higher participation and program contractor costs than initially forecast. Based on revised projections for the remainder of the fiscal year, an additional $109,000 in program contractor expense is expected, and will ...
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