0640 91/92 FY Budget ORDINANCE NO. 640
AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE
CITY OF OKEECHOBEE, FLORIDA FOR THE FISCAL
YEAR BEGINNING OCTOBER 1 , 1991 AND ENDING
SEPTEMBER 30, 1992; WHICH BUDGET SETS FORTH
PUBLIC UTILITIES REVENUES OF $10,119,043.00
• AND EXPENDITURES OF $6,803,289.00, LEAVING A
FUND BALANCE OF $3,315,754.00, 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, Improvement and Replacement Fund,
Wastewater Collection System Fund, Water Treatment Plant
Construction Fund and Wastewater Treatment Plant 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 , 1991 and ending September 30, 1992.
PUBLIC UTILITIES
Revenues
Operating Fund $ 2,311 , 422.
Debt Service Fund 1 , 181 , 459.
Improvement and Replacement Fund 436, 447.
Wastewater Collection System Fund 427,168.
Water Treatment Plant Const. Fund 4, 720, 400.
Wastewater Treatment Plant Fund 467, 147.
1991 CDBG Block Grant 575, 000.
Total Funding Sources $10,119,043.
Expenditures
Operating Fund $ 1 , 832, 900.
Debt Service Fund 802, 099.
Improvement and Replacement Fund 354, 000.
Wastewater Collection System Fund 250, 000.
Water Treatment Plant Const. Fund 2, 609,290.
Wastewater Treatment Plant Fund 380, 000.
1991 CDBG Block Grant 575, 000.
Total Expenditures $ 6,803,289.
Fund Balance $ 3,315,754.
TOTAL $10,119,043.
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 , 1991 .
Introduced for first reading and publihearing on the 3rd day of
September, 1991 .
E. KIRK, MAYOR
ATTEST:
BONNIE S. -0- ' S, CMC, CITY CLERK
Adopted after second reading and second ubl c hearing on the 17th
• day of September, 1991 .
7: /
J E. KIRK, MAYOR
ATTEST-
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BONNIE S. THO S, CMC, CITY CLERK