Submitted By: Tom Duncan
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Presentation By: Tom Duncan
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Department: Growth Management
FORMAL TITLE:
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Budget Resolution 2025-181 to amend the Fiscal Year 2024-25 budget to accept and appropriate $114,572 in Public Transit Service Development Grant Agreement funds from the Florida Department of Transportation and $114,572 in local matching funds in support of the Downtown Circulator Trolley, for a total amount of $229,144
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OCALA’S RELEVANT STRATEGIC GOALS:
Operational Excellence, Fiscally Sustainable
PROOF OF PUBLICATION:
N/A
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BACKGROUND:
The Florida Department of Transportation (FDOT) Public Transit Service Development Grant Program provides initial, short-term funding for transit agencies to test new and innovative services, technologies, and routes to improve public transportation in Florida. Enacted by the Florida Legislature and authorized under Chapter 341 of Florida Statutes, the program helps assess the viability of new transit methods before recipients commit to continuing successful projects without further state funding.
On May 21, 2024, the City Council approved Resolution 2024-27 approving the submittal of the grant application to fund the Downtown Circulator Trolley.
The agreement states that funds are available through June 30, 2028, and FDOT will not reimburse any expenses claimed after this date.
FINDINGS AND CONCLUSIONS:
The Public Transit Service Development Grant and the matching local funding are necessary to cover the operating expenses of the Downtown Circulator Trolley.
FISCAL IMPACT:
The FDOT will provide $114,572 toward the total Transit Service Development Grant of $229,144. This funding will be received in revenue account 494-334-000-000-09-33496 and expensed in account 494-050-493-544-54*. The local match of $114,572 will be expenses from account 494-051-493-544-54-34010. The match funds will be transferred to fund 494 from fund 674 as provided on the included budget resolution.
PROCUREMENT REVIEW:
These goods and services were procured in compliance with the City’s procurement policy.
LEGAL REVIEW:
This agenda item will be reviewed and approved for form and legality by City Attorney, William E. Sexton.
ALTERNATIVE:
- Approve with Changes
- Table
- Deny
BUDGET RESOLUTION 2025-181
A RESOLUTION AMENDING THE FISCAL YEAR 2024-25 BUDGET TO accept and appropriate $114,572 in Public Transit Service Development Grant Agreement funds from the Florida Department of Transportation and $114,572 in local matching funds in support of the Downtown Circulator Trolley for a total amount of $229,144
WHEREAS, the Florida Department of Transportation (FDOT) provides initial, short-term funding for transit agencies to test new and innovative services, technologies, and routes to improve public transportation in Florida; and
WHEREAS, on May 21, 2024, the City of Ocala adopted resolution 2024-27 supporting the submittal of a grant application for the FDOT 2026 Public Transit Service Development Program concerning the proposed Downtown Circular Trolley; and
WHEREAS, the City of Ocala will receive $114,572, pending execution of the Public Transit Service Development Grant Agreement, which requires a 50 percent local match; and
WHEREAS, funds are available through June 30, 2028, and any expenses claimed after this date will not be reimbursed by FDOT.
NOW THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL OF THE CITY OF OCALA, FLORIDA, duly assembled in regular session, that the Fiscal Year 2024-25 budget be amended as follows:
SOURCE:
674-099-999-559-81-82010 Aids to Private Organizations ($114,572)
494-334-000-000-09-33496 FDOT Transit Svc Development Grant $114,572
494-381-000-000-19-38674 Transfer In – Economic Invest Prog $114,572
Total $229,114
USE:
674-099-999-559-81-91494 Transfer to Fund 494 $114,572
494-050-493-544-54-34010 Transit Services Grant – Other Services $114,572
494-051-493-544-54-34010 City Match – Other Services $114,572
Total $229,114
This resolution adopted this ______ day of ______________________, 2025.
ATTEST: CITY OF OCALA
By: By:
Angel B. Jacobs Kristen M. Dreyer
City Clerk President, Ocala City Council
Approved as to form and legality:
By: _________________________________
William E. Sexton
City Attorney
Reviewed for accounting accuracy & completeness:
By: _________________________________
Peter A. Lee
City Manager