 |  | 5919 MAIN STREET . NEW PORT RICHEY, FL 34652 . 727.853.1016 |
| TO: | City of New Port Richey City Council | | FROM: | Crystal M. Dunn, Finance Director | | DATE: | 2/6/2024 | | RE: | Consideration of Year-End Amendment to the FY2022-2023 Adopted Budget |
REQUEST:
The City Council is asked to review and approve the accompanying year-end budget amendment to the FY2022-2023 Adopted Budget, which would allow for the transfer of funds across departments in the General Fund and Water & Sewer Fund.
The transfers in the General Fund cover shortages in Human Resources, the City Clerk’s office, Police Department, Fire Department, and Public Works Administration. The largest overages are related to additional contributions to the Florida Retirement System, increases in salaries, more participants in the City’s health insurance program, increase in insurance claims, unforeseen repairs at the Recreation Center and Public Works Administration building, AC repairs at the library, and the City’s purchase of the property located on Plathe Road.
The transfers in the Water & Sewer Fund cover shortages in Water Production, Reclaimed Water, the Waste Water Treatment Plant, and the Sewer Department. The largest overages are related to unforeseen price increases for chemicals, pump repairs, and the emergency purchase of Chem Scan Process Analyzer.
DISCUSSION:
The City’s Purchasing Policy states that the City Council may by motion transfer part or all of any unencumbered appropriation balance from one (1) department and office to another.
RECOMMENDATION:
It is recommended that City Council approve the accompanying amendment to the FY2022-2023 Adopted Budget.
BUDGET/FISCAL IMPACT:
The amendment results in an increase of $41,930 to Human Resources, $110,530 to the City Clerk’s Office, $38,690 to the Police Department, $99,200 to the Fire Department, and $226,110 to Public Works Administration. Additionally, $25,890 to the Water Production, $14,650 to the Reclaimed Water Production, $316,920 to the WWTP, and Sewer $108,910. There is no change to the overall total budgeted for the General Fund or the Water and Sewer Fund. | | | |