0618 89/90 FY BudgetNOW, 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, 1 989 and ending
September 30, 1990.
GENERAL FUND
Revenues
ORDINANCE NO. 618
AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE CITY OF
OKEECHOBEE, FLORIDA, FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 1989 AND ENDING SEPTEMBER 30, 1990; WHICH
BUDGET SETS FORTH GENERAL FUND REVENUES OF $2,081,740.00
AND EXPENDITURES OF $2,081,740.00; PUBLIC FACILITIES
IMPROVEMENT FUND REVENUES OF $661,965.00 AND EXPENDITURES
OF $526,910.00, LEAVING A FUND BALANCE OF $135,055.00;
DEBT SERVICE REVENUES OF $421,138.00 AND EXPENDITURES OF
$235,610.00 LEAVING A FUND BALANCE OF $185,528.00 WITH
DEBT SERVICE RESERVE OF $2,133.00; LAW ENFORCEMENT
SPECIAL FUND REVENUES OF $2,479.00 AND NO EXPENDITURES
PROVIDING FOR AN EFFECTIVE DATE:
Ad Valorem Taxes
Other Taxes (Utility Taxes and Franchise Fees)
Intergovernmental Revenue
Charges for Current Services
Fines, Forfeitures and Penalties
Uses of Money and Property
Other Revenues
Operating Transfer -In
Total $2,081.740.
Expenditures
Legislative 72,910.
Executive 79,410.
Financial Services 79,830.
Legal Counsel 18,000.
City Clerk 60,070.
General Governmental Services 205,750.
Law Enforcement 725,830.
Fire Protection 305,940.
Public Facilities Maintenance 534000.
Total
PUBLIC FACILITIES IMPROVEMENT FUND
Revenues
1989 -90
479,360.
558,600.
383,820.
160,830.
52,900.
12,300.
14,450.
419,480.
$2,081,740.
Fund Balance 384,205.
Revenues 257,260.
Other Revenues 20
ill Total 661,965.
Total Expenditures 526,910.
Fund Balance 135,055.
DEBT SERVICE
Revenues
Fund Balance 172,968.
Revenues 243,170.
Other Revenues 5,000.
Total
Total Expenditures
Fund Balance
Debt Service Reserve
LAW ENFORCEMENT SPECIAL FUND
Revenues
Fund Balance
Other Revenues
Total
Total Expenditures
Fund Balance
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, 1989.
Introduced for first reading and public hearing on the 19th day of
September, 1989.
ATTEST:
i
BONNIE THOMAS, CITY CLERK
Adopted after second reading and second public hearing on the 25th
day of September, 1989.
ATTEST:
OMAS, CITY CLERK
421,138.
235,610.
185,528.
2,133.
2,389.
90.
2,479.
-0-
2,479.
v•
MAYOR OAKLAND
MAYOR OAKLAND CHAP
bAdi 6) I?