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Council approves resolution 20 25 153 r to move capital funds, transfers $477,285 to Osceola County
Summary
The city council approved Resolution 20 25 153 r, authorizing multiple capital and fund transfers including a $477,285 mobility impact fee transfer to Osceola County and $85,111 in contingency expenditures to the building permit fund; staff said the latter covered three newly budgeted building-permit positions and higher insurance participation.
The council approved Resolution 20 25 153 r after a brief staff presentation and a short council exchange.
Speaker 1, a city staff member, told the council the resolution would authorize a series of capital and fund transfers and recommended the council approve the measure. The presentation named several line items for the capital projects fund and other funds, including a transfer of $477,285 from mobility impact fees to Osceola County and $85,111 in contingency expenditures in the building permit fund. “The staff recommendation is for approval of…
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