The City Council is asked to review and approve the accompanying year-end budget amendment to the FY2023-2024 Adopted Budget, which would allow for the transfer of funds across departments in the General Fund, Capital Improvement Fund, Water & Sewer Fund, and the Central Garage.

• Transfers in the General Fund largely relate to the following:
  •  Increase in revenues largely relate to receipts of unbudgeted Waste Hauler Franchise Fees, FEMA Reimbursement for costs related to Hurricane Idalia, increase in receipts for both Civil and Code Fines, interest earned on investments, and insurance reimbursement proceeds.
  • Decrease in General Fund revenues is reflected through a duplicate line item presented as Other Intergovernmental Revenue and Pasco County Co-op Agreement budgeted in the Water & Sewer Construction Fund. The difference is offset by an increase to the General Fund Prior Year Fund Balance.
  • Lobbying costs which ultimately resulted in a state appropriation for funding assistance with the Fire Station Relocation Project. Small increase in Other Charges for the replacement of conference room chairs. Both proposed adjustments can be seen in the City Manager’s budget.
  • Advertising cost increases are reflected in the City Clerk’s budget.
  • The increased maintenance and fuel costs of the police fleet are reflected in the Police Department’s budget.
  • Additional costs for property appraisals and the costs associated with the NPR promotional video are reflected in the Development Department’s budget.
  • Facilities Maintenance and Public Works Departments had an increase in HVAC repairs, contractual services, janitorial supplies, fuel, and electricity for city facilities.
  • Recreation and Aquatics experienced an increase in both gas and electricity for the fiscal year, as well as the costs associated with the repairs to the Aquatics Center pump room.
  • Discretionary Surtax (Penny for Pasco) budgeted use of revenues is reflected in the Capital Improvement Fund as both a funding source and a transfer to the General Fund. Funding for the Recreation and Aquatic Center Improvements, Pool Slide Resurfacing, and the Shade Canopies was presented and approved in the Capital Improvement Program and funding is reflected through the yearend budget amendment request. Additional costs associated with the lease program for City fleet in both the police and fire departments, which was initially funded through the same funding source, is reflected in the yearend amendment request.
• The transfers in the Water & Sewer Fund cover shortages in Reclaimed Water and Water Pollution Control. The largest overages are related to utility meter purchases, electricity usage at city facilities, and unforeseen price increases for chemicals.

• The final request for funding is related to the unforeseen fuel pump repairs at the Central Garage.