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A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF POMPANO BEACH, FLORIDA, APPROVING AND AUTHORIZING THE BUDGET ROLLOVER OF THE PREVIOUSLY APPROVED BUDGET DURING FISCAL YEAR 2025-2026 OPERATING AND CAPITAL EXPENDITURE FUNDS INTO THE FISCAL YEAR 2026-2027 BUDGET; PROVIDING AN EFFECTIVE DATE.
(Fiscal Impact: $6,786,646)
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(Staff Contact: Joshua Watters)
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Summary Explanation/Background:
The annual budget resolutions authorize staff to carry forward funding for purchases ordered by valid purchase orders but not received by the end of the fiscal year. In these cases, the financial system automatically encumbers and rolls the required budget into the new fiscal year for payment upon receipt.
However, some items were not encumbered because bids were still pending or purchases were restricted during year-end processing. Other delays were due to supply chain or delivery issues.
A detailed spreadsheet identifying the individual rollover requests and associated costs by fund and department is included as Exhibit A to the resolution. Staff is requesting City Commission approval to roll over a total of $6,786,646 from FY 2026 to FY 2027 across various funds.
Origin of request for this action: Budget Office
Fiscal impact and source of funding: Funding comes from FY 2026 previously approved appropriations: General Fund $4,961,981; Special District Fund (EMS) $904,280; Utility Fund $511,125; Stormwater Fund $150,000; Airpark Fund $165,161; Central Services Fund $94,099
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