0674 94/95 FY Budget ORDINANCE NO. 674
AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE CITY OF
OKEECHOBEE, FLORIDA, FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 1994 AND ENDING SEPTEMBER 30, 1995; WHICH
BUDGET SETS FORTH GENERAL FUND REVENUES OF $2,410,260.
AND EXPENDITURES OF $2,410,260.; PUBLIC FACILITIES
IMPROVEMENT FUND REVENUES OF $1,633,565., AND
EXPENDITURES OF $1,229,750., LEAVING A FUND BALANCE OF
$403,815.; DEBT SERVICE REVENUES OF $255,104. AND
EXPENDITURES OF $240,134. LEAVING A FUND BALANCE OF
$14,970.; LAW ENFORCEMENT SPECIAL FUND REVENUES OF
$2,253. AND EXPENDITURES OF -0- LEAVING A FUND
BALANCE OF $2,253.; CDBG GRANT REVENUES OF $575,000. AND
EXPENDITURES OF $575,000., LEAVING A FUND BALANCE OF -0-
PROVIDING 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, Law
Enforcement Special Fund,and CDBG Grant, 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, 1994
and ending September 30, 1995.
GENERAL FUND
Revenues
Ad Valorem Taxes 4.94 Millage 682 000.
Other Taxes (Utility Taxes, Franch. Fees Occ. Lic. Fee) 664,060.
Intergovernmental Revenue 394,000.
Charges for Current Services 197,500.
Fines, Forfeitures and Penalties 23,600.
Uses of Money and Property 7,000.
Other Revenues 32,100.
Operating Transfer -In 410,000.
Total $2,410,260.
Expenditures
Legislative 60,050.
Executive 89,900.
Financial Services 97,670.
Legal Counsel 20,000.
City Clerk 73,280.
General Governmental Services 207,350.
Law Enforcement 859,700.
Fire Protection 376,380.
Public Facilities Maintenance 625,930.
Total $2,410,260.
PUBLIC FACILITIES IMPROVEMENT FUND
Revenues
Fund Balance $1,307,765.
Revenues 305,800.
Other Revenues 20,000.
Total $1,633,565.
Total Expenditures $1,229,750.
Fund Balance S 403.815.
TOTAL $1,633,565.
DEBT SERVICE
Revenues
Fund Balance 13,391.
Ad Valorem Taxes .17 Millage 23,470.
411 Local Option Gas Tax 217,243.
Other Revenues 1,000.
Total 255,104.
Total Expenditures 240,134.
Fund Balance 14,970.
TOTAL 255,104.
LAW ENFORCEMENT SPECIAL FUND
Revenues
Fund Balance 2,173.
Other Revenues 80.
Total 2,253.
Total Expenditures -0-
Fund Balance S 2.253.
TOTAL 2,253.
CDBG GRANT
Revenues
Fund Balance -0-
Grant S 575.000.
Total Expenditures 575,000.
Fund Balance S -0-
TOTAL 575,000.
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, 1994.
Introduced for first reading and public hearing on the 6th day of
September, 1994.
(a t:
S E. KIRK, MAYOR
ATTESTI:
BONNIE-TROMAS, CMC, CITY CLERK
Adopted after second reading and d public hearing o the 20th
day of September, 1994.
J S E. KIRK, MAYOR
ATTEST:
BONNIE THOMAS, CMC, CITY CLERK