0685 95/96 FY Budget ORDINANCE NO. 685
AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE CITY OF
OKEECHOBEE, FLORIDA FOR THE FISCAL YEAR BEGINNING
OCTOBER 1,1995 AND ENDING SEPTEMBER 30,1996; WHICH BUDGET
SETS FORTH PUBLIC UTILITIES REVENUES OF $4,877,731 AND
EXPENDITURES OF $3,190,934, LEAVING A FUND BALANCE OF
$1,686,797, 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 Okeechobee, Florida, after having held a public hearing on the annual
budget, including Operating Fund, Debt Service Fund, and Improvement and Replacement Fund, hereby
adopts for its annual budget the receipts and expenditures, as fully set forth below, for the City of
Okeechobee for the fiscal year beginning October 1, 1995 and ending September 30, 1996.
PUBLIC UTILITIES
Revenues
Operating Fund 3,140,543
Debt Service Fund 1,308,727
Improvement and Replacement Fund 428.461
Total Funding Sources 4,877,731
Expenditures
Operating Fund 1,852,050
Debt Service Fund 1,185,171
Improvement and Replacement Fund 153.713
Total Expenditures 3,190,934
Fund Balance 1,686,797
TOTAL 4,877,731
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, 1995.
Introduced for first reading and public hearing on the 5th day of September, 1995.
Z
J E. KIRK, MAYOR
ATTEST:
BONNIE S. THOMAS, CMC, CITY CLERK
Adopted after second reading and second public hearing on the 19th day of September, 1995.
J S E. KIRK, MAYOR
ATTEST:
BONNIE S. THOMAS, CMC, CITY CLERK