2024-17

RESOLUTION

OF THE

COUNCIL

No: 2024-17

RESOLVED:

For the purpose of meeting funding requirements of specific Parks and Recreation Fund accounts in the FY2024 Approved Budget, the Parks and Recreation Fund as presented in Attachments B – December 31, 2023 are hereby approved.

This resolution shall take effect upon its passage.

MARCH 4, 2024

READ AND PASSED IN COUNCIL

Wendy J. W. Marshall, MMC
Town Clerk

TOWN OF MIDDLETOWN
FY2024 BUDGET ADJUSTMENT WORKSHEET - PARKS & RECREATION FUND
As of December 31, 2023

ATTACHMENT B
Account Description Approved Budget Current Budget Adjustment To Budget Amended Budget Explanation
Revenue - Budgeted Use of Fund Balance - Capital Replenishment ($150,000) ($150,000) ($42,221) ($192,221) Increase due to Beach Parking Lot Paving Project that began in FY23
Revenue - Budgeted Use of Fund Balance - Capital Replenishment ($150,000) ($192,221) (119,180) ($311,401) Increase due to Howland Park Pickleball Court renovations that begin in FY23
Revenue - Budgeted Use of Fund Balance ($258,015) ($258,015) (50,239) ($308,254) Increase due to the purchase of the Kubota Utility Tractor approved by the council on 6/20/23
S/Total Budget Adjustments From ($211,640)
Expense - Beach Operations - Land Improvements - Capital Improvement $0 $0 42,221 $42,221 Increase due to Beach Parking Lot Paving Project that began in FY23
Expense - Parks & Grounds - Land Improvements - Capital Improvement $0 $0 119,180 $119,180 Increase due to Howland Park Pickleball Court renovations that begin in FY23
Expense - Parks & Grounds - Equipment - Capital Improvement $0 $0 50,239 $50,239 Increase due to the purchase of the Kubota Utility Tractor approved by the council on 6/20/23
S/Total Budget Adjustments To 211,640
Total $0
Budget Summary as of December 31, 2023
Parks & Rec

TOWN OF MIDDLETOWN
TOWN OF MIDDLETOWN PARKS & RECREATION FUND BUDGET ADJUSTMENTS

ATTACHMENT B - December 31, 2023

In accordance with Town Charter and Town Ordinance, adjustments to the FY 2024 budget ordinance are approved as follows:

Budget Adjustment

Parks & Recreation Capital Improvements -
Capital Improvements increase by 211,640

Parks & Recreation revenues -
Town Use of Fund Balance increase by 211,640