1986-09-23 Second & Final Budget3988
86-33 SECOND & FINAL BUDGET HEARING TUESDAY. SEPTEMBER 23. 1986
The City Council of the City of Okeechobee held the Second and
Final Budget Hearing. in Council Chambers, 55 Southeast Third Avenue,
Okeechobee, Florida.
The meeting was called to order by the Chairman at 7:00 P.M. with
the following members present~
Oakland R. Chapman, Mayor
Nick Collins, Councilman
Oscar Thomas, Councilman
Edward Douglas, Councilman
Andy Rubin, Councilman
Others present were~
Bonnie S. Thomas, City Clerk
Jerry Bryant, City Attorney
Sylvia Firestine, Acting Adm. Asst.
Lydia J. Wilkerson, Deputy Clerk
Mayor Chapman read the millage resolution as follows~
A RESOLUTION ADOPTING A MILLAGE RATE AND AUTHORIZING THE MAYOR
AND CLERK. TO EXECUTE THE BUDGET RESOLUTION CONTAINING SAID
MILLAGE DATA THEREIN; ALL IN ACCORDANCE WITH CHAPTER 200.065
FLORIDA STATUTES.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF OKEECHOBEE, FLORIDA,
as follows:
SECTION 1: Following a required public hearing and in accordance with
Chapter 200.065 Florida Statutes, the City Council hereby adopts a
millage of 4.30 for the City fiscal year beginning October 1, 1986;
and authorizes the Mayor and Clerk to execute the budget resolution
containing said millage.
SECTION 2: This resolution shall take effect upon adoption.
Introduced and adopted in regular session assembled this 23rd day of
September, 1986.
Councilman Douglas made a motion that the millage resolution be
adopted as read by Mayor Chapman. Councilman Collins seconded the
motion for discussion.
Mayor Chapman asked for discussion. No response.
Mayor Chapman asked for a vote on the motion.
Douglas
Collins
Thomas
Rubin
Motion carried. -~
3989
$=cp 2 3 S86
Attorney Bryant read the Budget Resolution in its entirety as
follows:
A RESOLUTION ADOPTING AN ANNUAL BUDGET FOR THE CITY OF OKEECHOBEE,
FLORIDA FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1986 AND ENDING
SEPTEMBER 30,.1987; PROVIDING FOR THE LEVY OF AD VALOREM TAXESI
PROVIDING AN EFFECTIVE DATE.
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 6n the annual budget, including General
Fund, Utility Fund, Debt Service and Construction 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 1986
and ending September 30, 1987. '
GENERAL FUN~
GENERAL GOVERNMENT $358,961.
POLICE 629,883.
ANIMAL CONTROL 21,436.
FIRE 304,194.
SANITATION 260,175 ·
STREET DIVISION 602; 093.
PARKS AND IMPROVEMENTS 5,800.
MAINTENANCE 30,3'41.
· TOTAL
'2,212,883..
· Includes $12,000 Federal Revenue Sharing
GENERA~ FUND DEBT SERVICE
Obligation Bonds Principal 20,000.
Obligat/on Bonds Interest 19,118.
TOTAL 3 9,118.
THAT PORTION OF THE CITY'S BUDGET TO BE FUN)ED FROM SOURCES OTHER THAN
AD VALOREM AND OTHER TAXES:
UTILITY FUND
TOTAL WATER/SEWER DIVISION 2,016,699.
TOTAL OPERATING BUDGETS.......................................4,268,700.
UTILITY FUND DEBT SERVICE
1972 WATER BONDS 20,000.
1983 SEWER BOND SERIES A,B,C 310,027.
1983 BOND RESERVE ACCTo 21,528.
1983 BOND RENEWAL & REPLACEMENT 19,992.
*TOTAL UTILITY FUND DEBT SERVICE 371,547.
*The Utility Fund Debt Service amounts are included in the Utility Fund
Budget Total of $2,016,699. as shown above.
3990
SF..P 2 3 1986
SECTION 2: The City Council of the City of Okeechobee, Florida hereby
levies a tax of 4.30 per thousand dollar valuation on all real and
personal property within the corporate limits of said City, provided
however, that 4.15 shall not be levied upon property in the City of
Okeechobee claimed and allowed as homestead in the general laws of the
State of Florida.
SECTION 3: That of the total 4.30 per thousand dollar valuation as
designated in Section 2, hereof, 4.15 per thousand dollar valuation
shall be used for general City purposes in carrying on and conducting
the government of said City and .150 per thousand dollar valuation
including homestead shall be used to pay interest and principal on
general obligation bonds maturing during said fiscal year, such levy to
be collected in cash and such cash so collected to be kept in separate
accounts for the purposes designated herein.
SECTION 4: That this resolution was proposed, considered and adopted
under the provisions of Chapter 166 and 200.065 Florida Statutes.
SECTION 5: This resolution shall become effective upon its adoption.
Clerk Thomas explained that $91,000. should be carried forward as
a non-revenue from the current fiscal year 85-86, which would allow
for the completion of the S.E. 8th Avenue Bridge. This increases the
line item total from $602,093. to $693,092. Changing the General
Fund total to 2,303,883., and Total Operating Budget to $4,359,700.
Councilman Douglas made a motion 'that the budget resolution be
amended to include the $91,000. being carried forward as a
non-revenue, changing the General Fund total to $2,303,883. Councilman Collins seconded the motion.
Mayor Chapman asked for a vote on the motion.
Douglas
Collins
Thomas
Rubin
Motion carried.
Councilman Douglas made a motion to adopt the 86-87 Budget
Resolution as amended. Councilmen Thomas and Collins seconded the
motion.
Mayor Chapman asked for discussion.
Councilman Rubin commented on several budget
Following discussion, Mayor Chapman asked for a vote on the
motion.
Yeas
Douglas
Collins
Thomas
Nays
Rubin
Motion carried.
There being no further business to discuss, the meeting was
adjourned at 7:50 P.M. /~'Q/
ATTEST:
CITY CLERK
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