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0663 93/94 FY Budget ORDINANCE NO. 663 AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE CITY OF OKEECHOBEE, FLORIDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1993 AND ENDING SEPTEMBER 30, 1994; WHICH BUDGET SETS FORTH GENERAL FUND REVENUES OF $2,374,045. AND EXPENDITURES OF $2,374,045.; PUBLIC FACILITIES IMPROVEMENT FUND REVENUES OF $868,763. AND EXPENDITURES OF $616,700., LEAVING A FUND BALANCE OF $252,063.; DEBT SERVICE REVENUES OF $284,450. AND EXPENDITURES OF $233,584. LEAVING A FUND BALANCE OF $50,866.; LAW ENFORCEMENT SPECIAL FUND REVENUES OF $6,570. AND EXPENDITURES OF $4,495. LEAVING A FUND BALANCE OF $2,075. PROVIDING FOR AN EFFECTIVE DATE: NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OKEECHOBEE, FLORIDA AS FOLLOWS: Section 1: The City Council of the City of Okeechobee, Florida, after having held a public hearing on the annual budget, including General Fund, Public Facilities Improvement Fund, Debt Service and Law Enforcement Special Fund, hereby adopts as its annual budget the expenditures, as fully set forth below, for the City of Okeechobee for the fiscal year beginning October 1, 1993 and ending September 30, 1994. GENERAL FUND Revenues Ad Valorem Taxes 4.94 Millage 658,315. Other Taxes (Utility Taxes, Franch. Fees Occ. Lic. Fee) 643,800. Intergovernmental Revenue 367,400. Charges for Current Services 176,200. Fines, Forfeitures and Penalties 28,830. Uses of Money and Property 31,500. Other Revenues 38,000. Operating Transfer -In 430,000. Total $2,374,045. Expenditures Legislative 60,050. Executive 90,510. Financial Services 90,700. Legal Counsel 20,000. City Clerk 70,940. General Governmental Services 204,700. Law Enforcement 843,120. Fire Protection 372,865. Public Facilities Maintenance 621,160. Total $2,374,045. PUBLIC FACILITIES IMPROVEMENT FUND Revenues Fund Balance 529,963. Revenues 318,800. Other Revenues 20,000. Total 868,763. Total Expenditures 616,700. Fund Balance 252,063. TOTAL 868,763. DEBT SERVICE Revenues Fund Balance 70,142. Ad Valorem Taxes .30 Millage 39,980. Local Option Gas Tax 173,528. Other Revenues 800. Total 284,450. Total Expenditures 233,584. Fund Balance 50,866. TOTAL 284,450. LAW ENFORCEMENT SPECIAL FUND Revenues Fund Balance 6,490. Other Revenues 80. Total 6,570. Total Expenditures 4,495. Fund Balance 2,075. TOTAL 6,570. Section 2: That this ordinance was proposed, considered and adopted under the provisions of Chapter 166 and 200.065 Florida Statutes. Section 3: This ordinance shall be effective October 1, 1993. Introduced for first reading and public hearing on the 16th day of September, 1993. 7 Z 4 7 rNS KIRK, MAYOR ATTEST: BONNIE TH01MA5,` CMC, CITY CLERK Adopted after second reading and second public hearing on the 28th day of September, 1993. t\ ---,./L ,Z77 T S E. KIRK, 'MAYOR ATTEST: BONNIE THOMAS, CMC, CITY CLERK