RESOLUTION 2026-09

A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE UNIVERSITY PARK RECREATION DISTRICT ADOPTING AN AMENDED GENERAL FUND BUDGET FOR  FISCAL  YEAR  2024/2025,  PROVIDING  FOR

APPROPRIATIONS;	ADDRESSING

CONFLICTS

AND

SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE

DATE.

WHEREAS, on August 14, 2020, the Board of Supervisors (“Board”) of the University Park Recreation District (“District”), adopted Resolution 2024-22 providing for the adoption of the District's fiscal year 2024/2025 General Fund Budget (“Budget”); and

WHEREAS, the District Manager, at the direction of the Board, has prepared an amended Budget, to reflect changes in the actual appropriations of the Budget; and

WHEREAS, Chapter 418, Florida Statutes, and Manatee County Ordinance 18-29 (“Charter”) authorize the Board to adopt and amend the Budget; and

WHEREAS, the Board finds that it is in the best interest of the District and its residents to amend the Budget to reflect the actual appropriations.

NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE UNIVERSITY PARK RECREATION DISTRICT:

1.

BUDGET AMENDMENT.

a.

The Board has reviewed the District Manager's proposed amended Budget, copies of which are on file with the oPice of the District Manager and at the District's Records Office, and hereby approves certain amendments thereto, as shown in Section 2 below.

b.

The amended Budget, attached hereto as Exhibit A and incorporated herein by reference (the “Amended Budget”), is hereby adopted in accordance with the provisions of Section 2-8-16 of the Charter and Section 189.016(6), Florida Statutes.

C.

The Amended Budget shall be maintained in the ohice of the District Manager and the District Records Office and identified as “The Adopted Budget for the University Park Recreation District for the fiscal year ending September 30, 2025, as amended and adopted by the Board of Supervisors effective February 13, 2026.”

2.

AMENDMENT. The Budget is hereby amended as set forth in Exhibit “A”

attached hereto and incorporated herein by reference:

3.

CONFLICTS. This Resolution is intended to amend, Resolution 2024-22.

All District resolutions or parts thereof in actual conflict with this Resolution are, to the extent of such conflict, superseded and repealed.

4.

SEVERABILITY.

The invalidity or unenforceability of any one or more

provisions of this Resolution shall not affect the validity or enforceability of the remaining potions of this Resolution, or any part thereof.

5.

EFFECTIVE DATE. This Resolution shall take effect upon the passage and

adoption of this Resolution by the Board.

Adopted this 13th day of February 2026.

ATTEST:

BOARD OF SUPERVISORS OF THE UNIVERSITY PARK RECREATION DISTRICT

Secretary/Assistant Secretary

Exhibit A: Exhibit B:

Amended Fiscal Year 2024/2025 General Fund Budget Amended Debt Service Fund

2

TOTAL GENERAL FUND

TOTAL ALL FUNDS

Exhibit A
Amended Fiscal Year 2024/2025 General Fund Budget

[See attached]

Revised Budget
For the period of 10/112024 Through 9/30/2025 General Fund -Operations & Maintenance

FY 2025
Adopted Budget

Actual FY 2025 Total

FY 2025
Revised Budget

Revenues

PrYr Surplus
Inter-Fund Transfers - Debt Service to O&M Inter-Fund Transfers - Country Club to O&M

7,734
70,000
	175,766 
$253,500

19,127
126,156
	175,766 
$321,049

20,185
126,156
	175,766 
$322,107

General & Administrative Expenses Assessment Administration Audit
Bank Fees Contingency Dissemination Agent District Counsel
Dues, Licenses, and Fees Insurance
Legal Advertising Management Meeting Set Up Travel and Per Diem Office Supplies
Professional Services, Other Postage & Shipping
Election Costs
Web Site Maintenance
Total General & Administrative Expenses

10,000
35,000
8,000
14,000
5,000
70,000
5,000
15,000
5,000
70,000
1,000
1,000
1,000

10,000
33,102
6,943
1,218
5,000
152,663
1,075
15,839
4,464
70,000

10,000
33,102
6,943
1,218
5,000
152,663
1,075
15,839
4,464
70,000

528
6,872
260
9,423
	4,720 
$322,107

528
6,872
260
9,423
	4,720 
$322,107

1,000
7,500
	5,000 
$253,500

Exhibit B
Amended Fiscal Year 2024/2025 Debt Service Fund

[See attached]

University Park Recreation District Revised Budget
For the period of 10/1/2024 Through 9130/2025 Debt Service Fund

FY 2025
Budget

FY 2025
Actual

FY 2025
Revised
Budget

REVENUES:
Special Assessments Interest Income
TOTAL REVENUES

1,390,723
3,597
1,394,320

1,607,756

1,759,279
3,597
1,762,876

1,607,756

EXPENDITURES:
Interest 11/01/2023 Interest 5/1/2025 Principal 5/1/2024
Transfer to General Fund Property Appr Fees
TOTAL EXPENDITURES

348,294
348,294
570,000

348,294
348,294
570,000
126,156
28,964
1,421,707

348,294
348,294
570,000
126,156
28,964
1,421,707

1,266,588

EXCESS REVENUES

341,169

(27,387)

341,169

Interest 11/01/2025

341,169

341,169

341,169