1158 FY 2017-18 BudgetORDINANCE NO. 1158
AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE CITY OF
OKEECHOBEE, FLORIDA, FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 2017, AND ENDING SEPTEMBER 30, 2018; WHICH
BUDGET SETS FORTH GENERAL FUND REVENUES OF $9,511,496.00,
TRANSFERS -IN OF $885,453.00, AND EXPENDITURES OF
$6,605,790.00, LEAVING A FUND BALANCE OF $3,791,159.00; PUBLIC
FACILITIES IMPROVEMENT FUND REVENUES OF $1,464,908.00,
EXPENDITURES OF $777,537.00 AND TRANSFERS -OUT OF
$350,000.00, LEAVING A FUND BALANCE OF $337,371.00; OTHER
GRANTS FUND REVENUES OF $528,292.00, TRANSFERS -IN OF
$42,610.00, AND EXPENDITURES OF $570,902.00, LEAVING A FUND
BALANCE OF $0.00; APPROPRIATIONS GRANT FUND REVENUES OF
$219,450.00, EXPENDITURES OF $219,450.00, LEAVING A FUND
BALANCE OF $0.00; CAPITAL IMPROVEMENT PROJECTS FUND
REVENUES OF $4,364,380.00, EXPENDITURES OF $780,985.00, AND
TRANSFERS -OUT OF $588,513.00, LEAVING A FUND BALANCE OF
$2,994,882.00; LAW ENFORCEMENT SPECIAL FUND REVENUES OF
$4,81t00, AND EXPENDITURES OF $1,750.00, LEAVING A FUND
BALANCE OF $3,061.00; PROVIDING FOR CONFLICT; PROVIDING FOR
SEVERABILITY; AND PROVIDING FOR 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, Other Grants Fund, Appropriations Grant 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, 2017, and ending September
30, 2018.
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
$ 4,189,162.00
$ 2,075,803.00
$ 679,000.00
$ 1,540,385.00
$ 973,750.00
$ 14,450.00
$ 1,000.00
$ 37,946.00
$ 9,511,496.00
$ 350,000.00
$ 535.453.00
$10,396,949.00
Expenditures:
Legislative $ 192,796.00
Executive $ 204,524.00
City Clerk $ 208,758.00
Financial Services $ 287,630.00
Legal Counsel $ 115,760.00
General Services $ 396,520.00
Law Enforcement $ 2,286,493.00
Fire Protection $ 1,668,634.00
Road and Street Facilities $ 1,244,675.00
TOTAL EXPENDITURES $ 6,605,790.00
GENERAL FUND BALANCE $ 3,791,159.00
Ordinance No. 1158 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 E3ALANCE
$ 620,571.00
$ 844,337.00
$ 1,464,908.00
$ 777,537.00
$ 350,000.00
$ 1,127,537.00
$ 337,371.00
OTHER GRANTS FUND
Revenues:
Fund Balance $ 312,162.00
Revenues $ 216,130.00
TOTAL REVENUES $ 528,292.00
Transfer -In from Capital Improvement Projects Fund $ 42,610.00
TOTAL REVENUES AND TRANSFERS $ 570,902.00
Expenditures:
TOTAL EXPENDITURES $ 570,902.00
OTHER GRANTS FUND BALANCE $ 0.00
APPROPRIATION GRANTS FUND
Revenues:
Fund Balance $ 0.00
Revenues $ 219,450.00
TOTAL REVENUES $ 219,450.00
Expenditures:
TOTAL EXPENDITURES
OTHER GRANTS FUND BALANCE
CAPITAL IMPROVEMENT PROJECTS FUND
$ 219,450.00
$ 0.00
Revenues:
Fund Balance $ 4,136,380.00
Revenues $ 228 000.00
TOTAL REVENUES $ 4,364,380.00
Expenditures:
TOTAL EXPENDITURES $ 780,985.00
Transfer -Out to General Fund $ 535,453.00
Transfer -Out to Other Grants Fund $ 53,060.00
TOTAL EXPENDITURES AND TRANSFERS $ 1 369,498.00
CAPITAL IMPROVEMENT PROJECTS FUND BALANCE $ 2,994,882.00
LAW ENFORCEMENT SPECIAL FUND
Revenues:
Fund Balance
Revenues
TOTAL REVENUES
Expenditures:
TOTAL EXPENDITURES
LAW ENFORCEMENT SPECIAL FUND BALANCE
Ordinance No. 1158 Page 2 of 3
$ 4,311.00
$ 500.00
$ 4,811.00
$ 1,750.00
$ 3,061.00
Section 2: That this ordinance was proposed, considered and adopted under the
provisions of Chapter 166 and 200.065 Florida Statues.
Section 3: The Finance Department shall furnish a certified copy of this Ordinance upon
second reading and final adoption to the Okeechobee County Property Appraiser,
the Okeechobee County Tax Collector, and the Florida Department of Revenue as
required by law.
Section 4: All ordinances or parts of ordinances in conflict herewith are hereby repealed.
Section 5: If any provision or portion of this ordinance is declared by any court of
competent jurisdiction to be void, unconstitutional, or unenforceable, then all
remaining provisions and portions of this ordinance shall remain in full force and
effect.
Section 6: This ordinance shall be effective October 1, 2017.
INTRODUCED for First Reading and Public Hearing on the 5th day of September, 2017.
4
Dowling R. ord, Jr., Mayor
ATTEST:
Lane Gamiofea, C C, City Clerk
PASSED AND ADOPTED after Second Reading and Final Public Hearing on the 19th day
of September, 2017.
Lane G.miotea, C C, City Clerk
REVIEWED FOR LEGAL • UFFICIENCY:
John R. Cook, City Attorney
Ordinance No. 1158 Page 3 of 3
Dowling R. Watford, Jr., Mayor