Submitted By: Marcella Hughes
presenter
Presentation By: Peter Brill
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Department: Finance
FORMAL TITLE:
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Budget Resolution 2026-102 to amend the Fiscal Year 2024-25 budget to appropriate funds to support expenditures incurred as a result of Hurricane Helene in the amount of $139,672
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OCALA'S RELEVANT STRATEGIC GOALS:
Fiscally Sustainable
PROOF OF PUBLICATION:
N/A
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BACKGROUND:
On September 24, 2024, Tropical Storm Helene strengthened into a hurricane before making landfall on Florida's Coast. On September 28, 2024, President Joseph R. Biden, Jr. approved an emergency declaration for Florida. On September 24, 2024, Governor Ron DeSantis approved Executive Order 24-209 declaring a statewide emergency due to Hurricane Helene. Furthermore, on September 23, 2024, Marion County requested a declaration of a state of local emergency due to the threat of harm to human life and property from the possible impact of Hurricane Helene.
FINDINGS AND CONCLUSIONS:
During Fiscal Year 2024-25, the City incurred expenses related to Hurricane Helene totaling $139,672.
FISCAL IMPACT:
Budget reserves totaling $139,672, as detailed below, will be used to support Fiscal Year 2024-25 expenditures caused by Hurricane Helene.
Staff recommends and seeks approval of the fund allocations for hurricane-related city expenses as follows:
General Fund $ 1,622
Stormwater Utility Fund 5,079
Sanitation Fund 61,950
Electric Fund 59,868
Fiber Fund 11,153
Total Expenditures $139,672
PROCUREMENT REVIEW:
N/A
LEGAL REVIEW:
N/A
ALTERNATIVE:
* Approve with Changes
* Table
* Deny
*
BUDGET RESOLUTION 2026-102
A RESOLUTION AMENDING THE FISCAL YEAR 2024-25 BUDGET TO APPROPRIATE FUNDS TO SUPPORT EXPENDITURES INCURRED AS A RESULT OF HURRICANE HELENE IN THE AMOUNT OF $139,672.
WHEREAS, on September 28, 2024, President Joseph R. Biden, Jr. approved an emergency declaration for the State of Florida; and
WHEREAS, on Septem...
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