1051 09/10 FY Budget ORDINANCE NO. 1051
AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE CITY OF
OKEECHOBEE, FLORIDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2009
AND ENDING SEPTEMBER 30, 2010; WHICH BUDGET SETS FORTH GENERAL
FUND REVENUES OF $7,480,277.00, TRANSFER -IN OF $318,153.00 AND
EXPENDITURES OF $5,278,639.00, LEAVING A FUND BALANCE OF
$2,519,791.00; PUBLIC FACILITIES IMPROVEMENT FUND REVENUES OF
$1,176,876.00, EXPENDITURES OF $814,105.00 AND TRANSFER -OUT OF
$317,653.00, LEAVING A FUND BALANCE OF $45,118.00; CAPITAL
IMPROVEMENT PROJECTS FUND REVENUES OF $9,012,005.00 AND
EXPENDITURES OF $1,142,504.00, LEAVING A FUND BALANCE OF
$7,869,501.00; CAPITAL IMPROVEMENT PROJECTS FUND IMPACT FEE
REVENUES OF $10,373.00, EXPENDITURES OF $0.00 AND TRANSFER -OUT OF
$500.00, LEAVING A FUND BALANCE OF $9,873.00; LAW ENFORCEMENT
SPECIAL FUND REVENUES OF $3,137.00 AND EXPENDITURES OF $0.00,
LEAVING A FUND BALANCE OF $3,137.00; PROVIDING AN EFFECTIVE DATE.
NOW, THEREFORE, be it ordained before the City Council for the City of Okeechobee, Florida;
presented at a duly advertised public meeting; and passed by majority vote of the City Council;
and properly executed by the Mayor or designee, as Chief Presiding Officer for the City:
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, Capital Improvement Projects Fund, Capital Improvement
Projects Fund Impact Fee, 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, 2009 and ending
September 30, 2010.
GENERAL FUND
Revenues
Fund Balance $2,679,259.00
Ad Valorem Taxes 6.7432 $1,890,183.00
Other Fees 948,592.00
Intergovernmental Revenue 912,862.00
Charges for Current Services 951,430.00
Fines, Forfeitures and Penalties 30,141.00
Uses of Money and Property 20,000.00
Other Revenues 47.810.00
Total Revenues $7,480,277.00
Transfer -In from Public Facilities Improvement Fund 317,653.00
Transfer -In from Capital Improvement Projects Fund Impact Fee 500.00
TOTAL REVENUES AND TRANSFERS $7.798.430.00
Expenditures
Legislative 119,441.00
Executive 166,818.00
City Clerk n, 176,391.00
Financial Services 201,992.00
Legal Counsel 75,732.00
General Services 458,705.00
Law Enforcement $1,824,744.00
Fire Protection $1,232,425.00
Road and Street Facilities $1.022.391.00
Ordinance No. 1051 Page 1 of 3
Total Expenditures $5,278,639.00
TOTAL EXPENDITURES AND TRANSFERS $5.278.639.00
GENERAL FUND BALANCE $2,519,791.00•
PUBLIC FACILITIES IMPROVEMENT FUND
Revenues
Fund Balance 575,675.00
Revenues 601.201.00
Total Revenues $1,176,876.00
Expenditures
Total Expenditures 814,105.00
Transfer -Out to General Fund 317.653.00
TOTAL EXPENDITURES AND TRANSFERS $1.131.758.00
PUBLIC FACILITIES IMPROVEMENT FUND BALANCE 45,118.00
CAPITAL IMPROVEMENT PROJECTS FUND
Revenues
Fund Balance $8,140,005.00
Revenues 872.000.00
Total Revenues $9,012,005.00
Expenditures
Total Expenditures $1,142,504.00
TOTAL EXPENDITURES AND TRANSFERS $1.142.504.00
CAPITAL IMPROVEMENT PROJECTS FUND BALANCE $7,869,501.00
CAPITAL IMPROVEMENT PROJECTS FUND IMPACT FEE
Revenues
Fund Balance 5,448.00
Revenues 4.925.00
Total Revenues 10,373.00
TOTAL REVENUES AND TRANSFERS 10,373.00
Expenditures
Total Expenditures 0.00
Transfer -Out to General Fund 500.00
TOTAL EXPENDITURES AND TRANSFERS 500.00
CAPITAL IMPROVEMENT PROJECTS FUND IMPACT FEE BALANCE 9,873.00
LAW ENFORCEMENT SPECIAL FUND
Revenues
Fund Balance 3,127.00•
Revenues 10.00
Total Revenues 3,137.00
Ordinance No. 1051 Page 2 of 3
Expenditures
Total Expenditures 0.00
LAW ENFORCEMENT SPECIAL FUND BALANCE 3,137.00
Section 2: That this ordinance was proposed, considered and adopted under the provisions
of Chapter 166 and 200.065 Florida Statues.
Section 3: This ordinance shall be effective October 1, 2009.
INTRODUCED for first reading and public hearing on the 15 day of September, 2009.
Oda.,
James E. Kirk, Mayor
ATTEST:
Lane Gamiotea,. CMIC, City Clerk
ADOPTED after final reading and second public hearing on the 29 day of September, 2009.
James E. Kirk, Mayor
ATTEST:
C4C1)
Lane Gamiotea,'CMC, City Clerk
REVIEWED FOR LEGAL SUFFICIENCY:
J n R. Cook, City Attorney
Ordinance No. 1051 Page 3 of 3