0702 96/97 FY Budget ORDINANCE NO. 702
AN ORDINANCE ADOPTING AN AMENDMENT 1'c ORDINANCE NO. 696 GENERAL FUND
ANNUAL BUDGET FOR THE CITY OF OKEECIOBEE, FLORIDA, FOR THE FISCAL YEAR
BEGINNING OCTOBER 1,1996 AND ENDING SEI' 1'ENM 1 ER 30,1997; WHICH AMENDED BUDGET
SETS FORTH GENERAL FUND REVENUES OF $5,935,9218.00 AND EXPENDITURES OF $3,257,116.00
LEAVING A FUND BALANCE OF $2,678,812.00; I'ROV I DING AN EFFECTIVE DATE
NOW, THEREFORE, BE IT RESOLVED I∎Y Fl IE 1 1Y )UNCIL OF TI IE CITY OF
OKEECHOBEE, FLORIDA AS FOLLOWS:
Section 1: The City Council of the City uI e )keechubee, Florida, after having held a public
hearing on the amended annual budget, for General Fund, hereby adopts as its amended annual
budget the expenditures, as fully set forth below, 'or the ilv OI Okeechobee for the fiscal year
beginning October 1, 1996 and ending September 3U, I u');
GENERAL FUND:
Revenues
Fund Balance $3,099,768.
Ad Valorem Taxes 3.94 Millage 603,700.
Other Taxes (Ins. Prem.Tax, Utility Taxes, Franchise Fees Occ. Lic. Fee) 793,850.
Intergovernmental Revenue 719,100.
Charges for Current Services 224,500.
Fines, Forfeitures and Penalties 25,800.
Uses of Money and Property 180,000.
Other Revenues 289210.
Total Revenues $5,935,928.
Exvenditures
Legislative 64,055.
Executive 121,646.
Financial Services 116,010.
Legal Counsel 30,000.
City Clerk 90,477.
General Governmental Services 190,104.
Law Enforcement 1,241,016.
Fire Protection 738,138.
Public Facilities Maintenance 665.670.
Total Expenditures $3,257,116.
Fund Balance $2,678,812.
Section 2: That this ordinance was proposed, iousidered and adopted under the provisions
of Chapter 166 and 200.065 Florida Statues.
Section 3: This ordinance shall be effective )(lobe,. 1, 1996.
Introduced for first reading and public hearing on the 1st day of July ,1997.
JAMES E. K K, MAYOR
ATTEST:
BONNIE THOMAS, CMC, CITY CLERK
Adopted after second reading and second public Hearing on the 15th day of July 1997.
ATTEST: JAMES E. KI1tK, MAYOR
c
BONNIE THOMAS, CMC, CITY CLERK