1074 Budget FY 2011/2012ORDINANCE NO. 1074
• AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE CITY OF
OKEECHOBEE, FLORIDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2011
AND ENDING SEPTEMBER 30, 2012; WHICH BUDGET SETS FORTH GENERAL
FUND REVENUES OF $7,594,037.00, TRANSFER -IN OF $715,248.00 AND
EXPENDITURES OF $5,278,838.00, LEAVING A FUND BALANCE OF
$3,030,447.00; PUBLIC FACILITIES IMPROVEMENT FUND REVENUES OF
$1,207,365.00, EXPENDITURES OF $706,823.00 AND TRANSFER -OUT OF
$317,700.00, LEAVING A FUND BALANCE OF $182,842.00; COMMUNITY
DEVELOPMENT BLOCK GRANT FUND REVENUES OF $700,032.00 AND
EXPENDITURES OF $700,032.00 LEAVING A FUND BALANCE OF $0.00; CAPITAL
IMPROVEMENT PROJECTS FUND REVENUES OF $7,267,568.00 AND
EXPENDITURES OF $840,287.00 AND TRANSFER -OUT OF $397,498.00, LEAVING
A FUND BALANCE OF $6,029,781.00; CAPITAL IMPROVEMENT PROJECTS FUND -
IMPACT FEE REVENUES OF $76,800.00, EXPENDITURES OF $66,703.00 AND
TRANSFER -OUT OF $50.00, LEAVING A FUND BALANCE OF $10,047.00; LAW
ENFORCEMENT SPECIAL FUND REVENUES OF $4,609.00 AND EXPENDITURES
OF $3,608.00, LEAVING A FUND BALANCE OF $1,001.00; 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, Community Development Block Grant 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, 2011 and ending September 30, 2012.
GENERAL FUND
Revenues
Fund Balance $3,030,447.00
Ad Valorem Taxes - 7.7432 $1,747,753.00
Other Fees $ 602,926.00
Intergovernmental Revenue $1,216,819.00
Charges for Current Services $ 919,945.00
Fines, Forfeitures and Penalties $ 30,242.00
Uses of Money and Property $ 1,000.00
Other Revenues $ 44,905.00
Total Revenues $7,594,037.00
Transfer -In from Public Facilities Improvement Fund $ 317,700.00
Transfer -In from Capital Improvement Projects Fund Impact Fee $ 50.00
Transfer -In from Capital Improvement Projects Fund $ 397,498.00
TOTAL REVENUES AND TRANSFERS $8,309,285.00
Expenditures
Legislative $ 111,136.00
• Executive $ 171,526.00
City Clerk $ 179,244.00
Financial Services $ 233,561.00
Legal Counsel $ 70,642.00
Ordinance No. 1074 Page 1 of 3
General Services $ 314,609.00
Law Enforcement $1,902,714.00
Fire Protection $1,273,993.00
Road and Street Facilities $1,031,413.00
Total Expenditures $5,278,838.00
TOTAL EXPENDITURES AND TRANSFERS $5,278,838.00
GENERAL FUND BALANCE $3,030,447.00
PUBLIC FACILITIES IMPROVEMENT FUND
Revenues
Fund Balance $ 590,244.00
Revenues $ 617,121.00
Total Revenues $1,207,365.00
Expenditures
Total Expenditures $ 706,823.00
Transfer -Out to General Fund $ 317,700.00
TOTAL EXPENDITURES AND TRANSFERS $1,024,523.00
PUBLIC FACILITIES IMPROVEMENT FUND BALANCE $ 182,842.00
COMMUNITY DEVELOPMENT BLOCK GRANT FUND
Revenues
Fund Balance $ 32.00
Revenues $ 700,000.00
Total Revenues $ 700,032.00
Expenditures
Total Expenditures and Transfers $ 700,032.00
COMMUNITY DEVELOPMENT BLOCK GRANT FUND BALANCE $ 0.00
CAPITAL IMPROVEMENT PROJECTS FUND
Revenues
Fund Balance $6,974,068.00
Revenues $ 293,500.00
Total Revenues $7,267,568.00
Expenditures
Total Expenditures $ 840,289.00
Transfer -Out to General Fund $ 397,498.00
TOTAL EXPENDITURES AND TRANSFERS $1,237,787.00
CAPITAL IMPROVEMENT PROJECTS FUND BALANCE $6,029,781.00
CAPITAL IMPROVEMENT PROJECTS FUND - IMPACT FEE
Revenues
Fund Balance
Revenues
Total Revenues
TOTAL REVENUES AND TRANSFERS
Ordinance No. 1074 Page 2 of 3
$ 76,750.00
$ 50.00
$ 76,800.00
$ 76,800.00
•
Expenditures
Total Expenditures
Transfer -Out to General Fund
TOTAL EXPENDITURES AND TRANSFERS
CAPITAL IMPROVEMENT PROJECTS FUND IMPACT FEE BALANCE
LAW ENFORCEMENT SPECIAL FUND
Revenues
Fund Balance
Revenues
Total Revenues
Expenditures
Total Expenditures
LAW ENFORCEMENT SPECIAL FUND BALANCE
66,703.00
50.00
66,753.00
10,047.00
$ 2,608.00
$ 2,001.00
$ 4,609.00
$ 3,608.00
$ 1,001.00
Section 2: That this ordinance was proposed, considered and adopted underthe provisions
of Chapter 166 and 200.065 Florida Statues.
Section 3: This ordinance shall be effective October 1, 2011.
INTRODUCED for first reading and public hearing on the 6th day of Se
ATTEST:
Lane a amiotea,
City Clerk
tember, 2011.
ADOPTED after final reading and second public hearing on the 20th d
Lane Gamiotea, CMC, City Clerk
REVIEWED FOR LEGAL SUFFICIENCY:
John R. Cook, City Attorney
•
Jame
Se
Kirk, Mayor
tember, 2011.
Ordinance No. 1074 Page 3 of 3
James
ayor