1129 Budget FY 2015/2016ORDINANCE NO. 1129
AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE CITY OF
OKEECHOBEE, FLORIDA, FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 2015, AND ENDING SEPTEMBER 30, 2016; WHICH
BUDGET SETS FORTH GENERAL FUND REVENUES OF $8,603,453.00,
TRANSFERS -IN OF $1,249,441.00, AND EXPENDITURES OF
$6,108,709.00, LEAVING A FUND BALANCE OF $3,744,185.00; PUBLIC
FACILITIES IMPROVEMENT FUND REVENUES OF $1,134,352.00,
EXPENDITURES OF $762,550.00 AND TRANSFERS -OUT OF
$350,000.00, LEAVING A FUND BALANCE OF $21,802.00; STATE
APPROPRIATIONS GRANT FUND REVENUES OF $300,000.00,
TRANSFERS -IN OF $17,000.00, AND EXPENDITURES OF $309,500.00,
LEAVING A FUND BALANCE OF $7,500.00; OTHER GRANTS FUND
REVENUES OF $403,838.00, TRANSFERS -IN OF $365,162.00, AND
EXPENDITURES OF $769,000.00, LEAVING A FUND BALANCE OF $0.00;
CAPITAL IMPROVEMENT PROJECTS FUND REVENUES OF
$6,201,223.00, EXPENDITURES OF $818,150.00, AND TRANSFERS -OUT
OF $1,281,603.00, LEAVING A FUND BALANCE OF $4,101,470.00; LAW
ENFORCEMENT SPECIAL FUND REVENUES OF $3,495.00, AND
EXPENDITURES OF $1,750.00, LEAVING A FUND BALANCE OF
$1,745.00; 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, State Appropriations Grant Fund, Other Grants Fund,
Capital Improvement Projects Fund, 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, 2015, and
ending September 30, 2016.
GENERAL FUND
Revenues:
Fund Balance
Ad Valorem Taxes - 7.9932
Other Fees
Intergovernmental Revenue
Charges for Current Services
Fines, Forfeitures and Penalties
Uses of Money and Property
Other Revenues
Total Revenues
Transfer -In from Public Facilities Improvement Fund
Transfer -In from Capital Improvement Projects Fund
TOTAL REVENUES AND TRANSFERS
$ 3,744,185.00
$ 1, 868, 924.00
$ 663,230.00
$ 1,330,382.00
$ 912,633.00
$ 13,800.00
$ 1,000.00
$ 69,299.00
$ 8,603,453.00
$ 350,000.00
$ 899,441.00
$ 9,852,894.00
Expenditures:
Legislative $ 130,284.00
Executive $ 181,003.00
City Clerk $ 222,937.00
Financial Services $ 268,723.00
Legal Counsel $ 88,197.00
General Services $ 378,974.00
Law Enforcement $ 2,197,633.00
Fire Protection $ 1,463,483.00
Road and Street Facilities $ 1.177.475.00
TOTAL EXPENDITURES $ 6.108.709.00
GENERAL FUND BALANCE $ 3,744,185.00
Ordinance No. 1129 - Page 1 of 3
PUBLIC FACILITIES IMPROVEMENT FUND
Revenues:
Fund Balance
Revenues
TOTAL REVENUES
Expenditures:
Total Expenditures
Transfer -Out to General Fund
TOTAL EXPENDITURES AND TRANSFERS
PUBLIC FACILITIES IMPROVEMENT FUND BALANCE
$ 415,658.00
$ 718,694.00
$ 1,134,352.00
$ 762,550.00
$ 350,000.00
$ 1.112.550.00
$ 21,802.00
STATE APPROPRIATIONS GRANT FUND
Revenues:
Fund Balance $ 0.00
Revenues $ 300,000.00
Total Revenues $ 300,000.00
Transfer -In from Capital Improvement Projects Fund $ 17.000.00
TOTAL REVENUES AND TRANSFERS $ 317,000.00
Expenditures:
TOTAL EXPENDITURES $ 309.500.00
STATE APPROPRIATIONS GRANT FUND BALANCE $ 7,500.00
OTHER GRANTS FUND
Revenues:
Fund Balance $ 0.00
Revenues $ 403,838.00
Total Revenues $ 403,838.00
Transfer -In from Capital Improvement Projects Fund $ 365,162.00
TOTAL REVENUES AND TRANSFERS $ 769,000.00
Expenditures:
TOTAL EXPENDITURES $ 769.000.00
OTHER GRANTS FUND BALANCE $ 0.00
CAPITAL IMPROVEMENT PROJECTS FUND
Revenues:
Fund Balance $ 5,957,923.00
Revenues $ 243,300.00
Total Revenues $ 6,201,223.00
Expenditures:
Total Expenditures $ 818,150.00
Transfer -Out to General Fund $ 899,441.00
Transfer -Out to Appropriations Grant Fund $ 17,000.00
Transfer -Out to Other Grants Fund $ 365,162.00
TOTAL EXPENDITURES AND TRANSFERS $ 2.099.753.00
CAPITAL IMPROVEMENT PROJECTS FUND BALANCE $ 4,101,470.00
Ordinance No. 1129 - Page 2 of 3
LAW ENFORCEMENT SPECIAL FUND
Revenues:
Fund Balance $ 2,995.00
Revenues $ 500.00
TOTAL REVENUES $ 3,495.00
Expenditures:
TOTAL EXPENDITURES $ 1.750.00
LAW ENFORCEMENT SPECIAL FUND BALANCE $ 1,745.00
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, 2015.
INTRODUCED for First Reading and Public Hearin on the 14th day of Septemb - r, 2015.
owling R. atford, Jr., �ayor Pro - Tempore
ATT ST:
b.& COS - I
Lane amiotea, CMC, City Clerk
PASSED AND ADOPTED after Second Reading an Final Public Hearing on the 2 "' day
of September, 2015.
D wling R. Watford, Jr., Mayor Pro - Tempore
ATTEST:
Lane - Gamiotea, CMC, City Clerk
REVED FOR LEn S FICIENCY:
John R. Cook, City Attorney
Ordinance No. 1129 - Page 3 of 3