2024-53 Resolution of the Council, re: FY2024 General Fund budget adjustments prepared as of June 30, 2024. September 16, 2024

RESOLUTION

OF THE

COUNCIL
2024-53
No: ...

RESOLVED:

For the purpose of meeting funding requirements of specific General Fund accounts in the FY2024 Approved Budget, the General Fund as presented in Attachments A & B – June 30, 2024 are hereby approved.

This resolution shall take effect upon its passage.

SEPTEMBER 16, 2024
READ AND PASSED IN COUNCIL

Wendy J. W. Marshall, MMC
Town Clerk

TOWN OF MIDDLETOWN
TOWN OF MIDDLETOWN GENERAL FUND BUDGET ADJUSTMENTS

ATTACHMENT A & B - June 30, 2024

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

General Fund expenditures -
Information Technology increase by 164,358
Support Services increase by 82,058
Town Solicitor increase by 111,698
Planning decrease by 200,000
Police increase by 96,079
Non-Department Specific increase by 1,638,831
Education increase by 561,234

General Fund Capital Improvements -
Capital Improvements-Police increase by 218,460
Capital Improvements-Public Works increase by 244,295
Capital Improvements-School Department decrease by 1,140,490

General Fund revenues -
Other Revenue from Local Sources increase by 526,079
Fund Transfers In increase by 242,211
Permits increase by 111,698
Intra Governmental Support increase by 42,676
Town Use of Fund Balance increase by 853,349
Investment Income increase by 224,284
Restricted Grants-in-Aid State Govt. increase by 355,482
School Department Revenue decrease by 579,256

General Fund Expenditures General Fund Revenues Net Budget Adjustments
Dr Cr Dr Cr
$3,117,013 $1,340,490 $579,256 $2,355,779
$1,776,523 (($1,776,523) $0

TOWN OF MIDDLETOWN

FY2024 BUDGET ADJUSTMENT WORKSHEET - GENERAL FUND

As of June 30, 2024

ATTACHMENT A
Account Description Approved Budget Current Budget Adjustment To Budget Amended Budget Explanation

1 Revenue - Earnings On Investments ($191,298) ($191,298) ($152,527) ($343,825) Increase to fund in increase to software licenses

1 Revenue - Appropriation from Revaluation ($106,500) ($106,500) (28,750) ($135,250) Tax Software Upgrade that was approved in FY2020 Increase to fund the emergency elevator repairs at Town Hall

2 Revenue - Earnings On Investments ($191,298) ($343,825) (31,736) ($375,561) Fund Increase for Interior Town Hall Painting and Landscaping

3 Revenue - Earnings On Investments ($191,298) ($375,561) (20,402) ($395,963) Increase to fund HVAC Issues at Town Hall

4 Revenue - Earnings On Investments ($191,298) ($395,963) (13,001) ($408,964) Increase to fund Legal Issues

6 Revenue - Permits - Building ($850,000) ($850,000) (111,698) ($961,698) Increase to fund Legal Issues

7 Revenue - Appropriation from Tax Increment Financing Fd ($200,000) ($200,000) 200,000 $0 Expenses did not occur in FY 24

8 Revenue - Police - Details - Police ($445,770) ($445,770) (96,079) ($541,849) Increase from additional police details

9 Revenue

TOWN OF MIDDLETOWN
FY2024 BUDGET ADJUSTMENT WORKSHEET - GENERAL FUND
As of June 30, 2024

ATTACHMENT A
Account Description Approved Budget Current Adjustment To Budget Amended Budget Explanation
5 Expense - Information Technology - Telephone $26,400 $26,400 (16,919) $9,481 Allocation was originally at the Department Level
6 Expense - Town Solicitor - Services - Legal $143,665 $143,665 111,698 $255,363 Legal issues Atlantic Beach District and Dunlap-Wheeler Park Design not completed in FY 24 - TIF Funding
7 Expense - Planning - Services- Other Professional $396,500 $396,500 (200,000) $196,500 Private Detail Pay
8 Expense - Police - Private Detail Pay $412,560 $412,560 $96,079 $508,639 Private Detail Pay
9 Expense - Police - Capital Improvement - Vehicles $194,553 $194,553 $218,460 $413,013 Vehicles received in FY24 but ordered in previous fiscal years
10 Expense - DPW- Capital Improvement - Vehicles $206,835 $206,835 $244,295 $451,130 Vehicles received in FY24 but ordered in previous fiscal years
11 Expense - Non Department Specific - Land $0 $0 $773,593 $773,593 Donation of 11 Woolsey Road and purchase 351 East Main Road
11 Expense - Non Department Specific - Land Improvements $0 $0 $236,500 $236,500 Donation of 11 Woolsey Road
11 Expense - Non Department Specific - Buildings

TOWN OF MIDDLETOWN - SCHOOL DEPARTMENT
FY2024 SPECIAL REVENUE BUDGET ADJUSTMENTS

Attachment.B
AS OF 2/19/2024

GENERAL FUND ADJUSTMENTS:

Fund	Object	Account Description	Approved Budget	Current Budget	Adj to Budget	Amended Budget	Explanation

State/Federal Grant Revenue

1 21142100 44501 HCV Award 2 $ - $ - $ (54,409.00) $ 54,409 Ad to known number.

2 21157102 44501 ESSER II Extended Accelerated Learning $ - $ - $ (66,655.29) $ (66,655)

3 21157180 44501 ESSER III ARP Back to School $ (617,857) $ (617,857) $

4 21158101 44501 ARP Dell Tech $ (617,857) $ (617,857) $

5 21158181 42101 ARP Municipal Grant/Transfer In From Town $ (403,251) $ (76,748.50) $ (480,000)

6 21158191 44701 Kindergarten Jumpstart $ - $ - $ (55,748.00) $ (55,748)

7 21242301 44501 Comprehensive Literacy State/Federal Grant $ - $ - $ (48,833.81) $ (48,834)

8 21422400 44501 CS4RI $ (7,845) $ (7,845

TOWN OF MIDDLETOWN - SCHOOL DEPARTMENT
FY2024.BUDGET ADJUSTMENTS
Attachment B
AS OF 11/30/2023

GENERAL FUND ADJUSTMENTS
Fund Object Account Description Approved Budget Current Budget Adj to Budget Amended Budget Explanation

General Fund Revenue
1 10000000 43101 General Fund-State Aid for Education $ 7,944,936 $ 7,944,936 $(47,682) $ 7,897,254
Total Change in Budgeted Revenue-All Funds
$ (47,682)

General Fund Expenditures
1 10000000 52202 Future Benefits $ 132,682 $ 132,682 $(47,682) $ 85,000

Total Change in Budgeted Expenditures-All Funds
$ (47,682)

School Department FY 2024 Budget
$ 46,124,543 $ 46,124,543 $(47,682) $ 46,076,861 Total Decrease in School Department FY 24 Budget-All Funds

TOWN OF MIDDLETOWN - SCHOOL DEPARTMENT
FY2024 SPECIAL REVENUE BUDGET ADJUSTMENTS
Attachment B
AS OF 6/30/2024

SPECIAL REVENUE ADJUSTMENTS
Approved Budget Current Budget Adj to Budget Amended Budget Explanation
Fund Object Account Description

State/Federal Grant Revenue
$ 105,585 $ 105,585 $ 112,071 $ 217,656 To Record Additional Budgeted Revenue for Title II A
1 21031100 44501 Title II A $ 105,585 $ 105,585 $ 112,071 $ 217,656 To Record Additional Budgeted Revenue for Title II A
2 21051100 44501 Title II A $ - $ - $ 53,856 $ 51,856 To Record Budgeted Revenue for Title IV
3 21052101 44501 Perkins Vocational $ 4500 $ 9,734 $ 9,734 To record budgeted revenue for Perkins Vocational
4 21093100 44501 Perkins Special Programs $ - $ 1,017 $ 1,017 To record budgeted revenue for Perkins Special Programs
5 21251802 44501 ESSER III Extended Learning $ - $ 349,820 $ 349,820 To record budgeted revenue for ESSER III Extended Learning
6 21251804 44501 ESSER III ARP Student Transitions $ - $ 5,245 $ 5,245 To record budgeted revenue for ESSER III ARP Student Transitions
7 21251805 44501 ESSER III ARP PS Digital Divide $ - $ 115,598 $ 115,5

TOWN OF MIDDLETOWN - SCHOOL DEPARTMENT
FY2024 SPECIAL REVENUE BUGET ADJUSTMENTS
Attachment8
AS OF 2/13/2024

GENERAL FUND ADJUSTMENTS
Fund Object Account Description Approved Budget Current Budget Adj to Budget Amended Budget Explanation
5 21251818 51338 ARP Municipal Grant Summer Pay $ - $ - $ 145,000.00 $ 145,000.00
5 21251818 51401 ARP Municipal Grant Other Stipend $ - $ - $ 20,131.00 $ 20,131.00
5 21251818 52302 ARP Municipal Grant Medicare $ 66,911.00 $ 66,911.00 $(60,105.46) $ 6,805.54
5 21251818 53209 ARP Municipal Grant Bus Monitor/Assistant $ - $ - $ -
12 21251818 53202 ARP Municipal Grant Other Purch Prof Ed Servs $ 140,000.00 $ 140,000.00 $(140,000.00) $ -
12 21251818 53406 ARP Municipal Grant Other Services $ 101,196.83 $ 101,196.83 $(7,569.00) $ 93,627.83
12 21251818 55111 ARP Municipal Grant Transportation Contractors $ 22,617.80 $ 22,617.80 $ 1,792.96 $ 24,410.76
12 21251818 56101 ARP Municipal Grant Supplies & Materials $

TOWN OF MIDDLETOWN - SCHOOL DEPARTMENT
FY2024 SPECIAL REVENUE BUDGET ADJUSTMENTS
Attachment B
AS OF 6/30/2024

SPECIAL REVENUE ADJUSTMENTS
Fund Object Account Description Approved Budget Current Budget Adj to Budget Amended Budget Explanation
5 21251802 52302 Life $ - $ - $ 146 $ 146 To Record Expenditure Budget for Approved Perkins ARP Ext Learn
5 21251802 52109 Medical Buyback Payments $ - $ - $ 2,500 $ 2,500 To Record Expenditure Budget for Approved Perkins ARP Ext Learn
5 21251802 52208 MERS Pension - DB $ - $ - $ 5,797 $ 5,797 To Record Expenditure Budget for Approved Perkins ARP Ext Learn
5 21251802 52218 MERS Pension - DC $ - $ - $ 530 $ 530 To Record Expenditure Budget for Approved Perkins ARP Ext Learn
5 21251802 52301 LCA $ - $ - $ 3,506 $ 3,506 To Record Expenditure Budget for Approved Perkins ARP Ext Learn
5 21251802 52302 Medicare $ - $ - $ 820 $ 820 To Record Expenditure Budget for Approved Perkins ARP Ext Learn
5 21251802 52910 Auto Allowance $ - $ - $ 1,000 $ 1,000 To Record Expenditure Budget for Approved Perkins ARP Ext Learn
5 21251802 53901 Professional Development & Training $ - $ - $ 4,900 $ 4,900 To Record Expenditure Budget for Approved Perkins ARP Ext Learn
5 212518