Loading...
HomeMy WebLinkAbout2026-15 - Fiscal Year 2025-26 Budget Amendment - Forest LakeTom -T - U UXX 1111 Kom 1 110 Un 07 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2025, AND ENDINi SEPTEMBER 30, 2026, BY PROVIDING FOR INCREASE APPROPRIATIONS; PROVIDING FOR SEVERABILITY; PROVIDING EFFECTIVE DATE. SECTION 1. Authority. The City Commission of the City of Ocoee has the authority to adopt this Ordinance pursuant to Article VIII of the Constitution of the State of Florida, Chapter 166 Florida Statutes, and Section C-38 of Article VI of the Charter of the City of Ocoee. SECTION 2. Intent and Purposes. The City of Ocoee budget for the Fiscal Year beginning October 1, 2025, and ending September 30, 2026, as adopted by Ordinance 2025-20 and amended by Ordinance 2026-07 is hereby amended as follows: Increase in appropriations in expenditure totaling $4,363,356 in the General Fund; and increase in revenue of $4,363,356 in the Forest Lake Golf Fund. Increase of appropriations totaling $500,000 in the Recreation Impact Fund; and an increase of $1,500,000 in the ARPA Fund as shown in detail, attached hereto and incorporated herein by reference are hereby confirmed, adopted and approved in all respects by the City Commission of the City of Ocoee. SECTION 3. Appropriations. There are expressly appropriated out of anticipated revenues and monies necessary to meet the supplemental appropriations stipulated by and in said amended final budget. SECTION 4. Severability. If any section, subsection, sentence, clause, phrase or portion of this Ordinance is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portion hereto. SECTION 5. Effective Date. This Ordinance shall become effective ten (10) days after its passage and adoption. PASSED AND ADOPTED this —/-] tb day of fiu s 2026. J Space intentionally left blank TTET: Melanie Si6bitt City Clerk (SEAL) Big IWO RUN! , ' 1 ! •