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CASSELBERRY CITY COMMISSION Minutes of November 19, 2018 — Regular Meeting Page 4 of 19 C. Budget Amendment #18-057 — Adjustments to the FY 2018 Budget Introduction: Budget Amendment #18-057 provides for adjustments to the FY 2018 Budget. Budget Impact: The budget impact is as follows: General Fund — transfers from/to differing departments to true -up budgets Water and Sewer Utility Fund — transfers to/from differing departments to true -up budgets The Budget Amendment Summary attached to Budget Amendment #18-057 provides detailed descriptions regarding the adjustments listed above and also includes additional adjustments that do not impact fund balance. BA #18-057 Explanation of Request: This request seeks City Commission approval to amend the Fiscal Year 2018 budget in order to provide funding for cost overruns in the General Fund, Stormwater Utility Fund, Infrastructure Surtax Fund, Solid Waste Fund, Building Safety Fund, Debt Service Fund, Equipment Replacement Fund, Water and Sewer Utility Fund, and Capital Improvement Fund. Account Number Increase: Various Decrease: Various Account Description Amount Various — See Budget Amendment and Budget Transfer Summaries Various — See Budget Amendment and Budget Transfer Summaries Recommendation: The City Manager and the Finance Director recommended approval of Budget Amendment #18-057 amending the City of Casselberry FY 2018 Budget. D. Resolution 18-3067 — FY 2018 Fourth Quarter Budget Amendments and Transfers "A RESOLUTION OF THE CITY OF CASSELBERRY, FLORIDA, AMENDING THE ANNUAL OPERATING BUDGET FOR THE CITY OF CASSELBERRY FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2017 AND ENDING SEPTEMBER 30, 2018; PROVIDING FOR AN EFFECTIVE DATE." Introduction: Resolution 18-3067 revises and amends the annual operating budget of the City of Casselberry as approved on September 25, 2017 through Resolution 17-2990 for the fiscal year beginning October 1, 2017. Budget Impact: The Fourth Quarter Budget Amendment spreadsheet details changes to the budget as a result of Budget Amendments adopted by the City Commission at various meetings during the fourth quarter of Fiscal Year 2018. The Fourth Quarter Budget Transfer spreadsheet details changes made to the budget within each department as approved by the City Manager.