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2002-09-03 Budget PH#3 It' I .' CITY OF OKEECHOBEE SEPTEMBER 312002 CITY FIRST BUDGET HEARING SUMMARY OF COUNCIL ACTION 1. CALL TO ORDER - Mayor: September 3, 2002, City Council First Budget Hearing,5:01 p.m. 11. MAYOR, COUNCIL AND STAFF ATTENDANCE - City Clerk. Mayor James E. Kirk Council Member Noel A. Chandler Council Member Robert Oliver Council Member Dowling R. Watford, Jr. Council Member D. Clayton Williams, Jr. City Attorney John R. Cook City Administrator Bill L. Veach City Clerk Bonnie S. Thomas Deputy Clerk S. Lane Gamiotea Secretary Adriana Berry Ill. OPEN PUBLIC HEARING FOR THE FIRST READING OF BUDGET ORDINANCES - Mayor. A. Mayor announces that the purpose of this public hearing is to consider the first reading of ordinances for the proposed millage rate levy and proposed budget for fiscal year 2002-2003. B. Mayor announces that the proposed millage rate levy represents 6.40% more than the roll back rate computed pursuant to Florida Statute Section 200.065(l). CA.a Motion to read by title only and set September 17, 2002 at 5:01 p.m. as the final public hearing date for proposed Ordinance No. 803 levying a millage rate for the General Fund Budget - City Attorney (Exhibit 1). PAGE I OF 5 COUNCIL ACTION - DISCUSSION - VOTE Mayor Kirk called the September 3, 2002 City Council First Budget Hearing to order at 5:01 p.m. City Clerk Thomas caRed the roll: Present Present Present Present Present Present Present Present Absent Present MAYOR KIRK OPENED THE PUBLIC HEARING FOR THE FIRST READING OF BUDGET ORDINANCES AT 5:01 P.M. Mayor Kirk announced the purpose of the hearing is to considerthe firstreading of ordinances forthe proposed millage rate levy and the proposed budget for the fiscal year 2002-2003. Mayor Kirk announced the proposed millage rate levy represents 6.40% more than the roll back rate computed pursuant to Florida Statute Section 200-0650). Council Member Watford moved to read by title only and set September 17, 2002 at 5:01 p.m. as the final public hearing date for proposed Ordinance No. 803 levying a millage rate forthe General Fund Budget; seconded by Council Member Oliver. 314X SEPTEMBER 3,2002 - CITY COUNCIL FIRST BUDGET HEARING - PAGE 2 OF 5 11 AGENDA 11 COUNCIL ACTION - DISCUSSION - VOTE 11 Ill. PUBLIC HEARING FOR THE FIRST READING OF BUDGET ORDINANCES CONTINUED. C.I.b. Vote on motion c. City Aftorney to read proposed Ordinance No. 803 by fitle only. 2.a) Motion to approve the first reading of proposed Ordinance No. 803 b. Public discussion and comments. c. Re -computation of millage rate (if required). d. Vote on motion, VOTE KIRK - YEA CHANDLER - YEA OLIVER - YEA WATFORD - YEA WILLIAMS - YEA MOTION CARRIED, City Attorney read proposed Ordinance No. 803 by title only as follows: "AN ORDINANCE LEVYING A MILLAGE RATE WHICH RATE IS SET ON ALL REAL AND PERSONAL PROPERTY; PROVIDING THAT 6.6899 PER THOUSAND DOLLAR VALUATION SHALL NOT BE LEVIED ON HOMESTEAD PROPERTY; THAT 6.6899 PER THOUSAND DOLLAR VALUATION SHALL BE USED FOR GENERAL CITY PURPOSES; THAT SAID MILLAGE RATE IS 6.40% MORE THAN THE ROLL -BACK RATE COMPUTED IN ACCORDANCE NTH F.S. 200.065 (1); PROVIDING AN EFFECTIVE DATE." Council Member Chandler moved to approve the first reading of proposed Ordinance No. 803; seconded by Council Member Williams. Mayor Kirk asked if there where any questions or comments from the public. There were none. Council Member Watford asked the Council if the millage rate would be the same as the previous year 2001-2002. Mayor Kirk answered yes. Council Member Watford also asked if the money needed to fund the budget would be taken out of the reserves: Mayor Kirk stated yes that was what was discussed at the workshop, but it could change at the final public hearing. There was no re -computation of millage rate needed. VOTE KIRK - YEA CHANDLER - YEA OLIVER - YEA WATFORD - YEA WILLIAMS - YEA MOTION CARRIED. SEPTEMBER 3, 2002 - CITY COUNCIL FIRST BUDGET HEARING - PAGE 3 OF 5 393 11 AGENDA III COUNCIL ACTION - DISCUSSION -VOTE 11 Ill. PUBLIC HEARING FOR THE FIRST READING OF BUDGET ORDINANCES CONTINUED. DA.a) Motion to read by title only and set September 17, 2002 at 5:01 p,m. Council Member Watford moved to read by title only and set September 17, 2002 at 5:01 p.m. as the final public as the final public hearing date for proposed Ordinance No. 804 hearing date for proposed Ordinance No. 804 establishing the revenues and expenditures for the General Fund establishing the revenues and expenditures for the General Fund Budget-, seconded by Council Member Williams. Budget - City Attorney (Exhibit 2). b) Vote on motion. VOTE KIRK - YEA CHANDLER - YEA OLIVER - YEA WATFORD - YEA WILLIAMS - YEA MOTION CARRIED. c) City Attorney to read proposed Ordinance No. 804 by title only. City Attorney read proposed Ordinance No. 804 by title only as follows: "AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE CITY OF OKEECHOBEE, FLORIDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2002 AND ENDING SEPTEMBER 30, 2003; WHICH BUDGET SETS FORTH GENERAL FUND REVENUES OF $7,080,249.00 AND EXPENDITURES OF $3,967,251.00, LEAVING A FUND BALANCE OF $3,112,998.00; PUBLIC FACIL171ES IMPROVEMENT FUND REVENUES OF $893,048.00AND EXPENDITURES OF $507,204.00, LEAVING A FUND BALANCE OF $385,844.00; DEBT SERVICE REVENUES OF $249,206.00 AND EXPENDITURES OF $199,365.00, LEAVING A FUND BALANCE OF $49,841.00. CAPITAL PROJECTS -VEHICLES REVENUES OF $912,626.00 AND EXPENDITURES OF $912,626.00 LEAVING A FUND BALANCE OF —0., LAW ENFORCEMENT SPECIAL FUND REVENUES OF $37,328.00 AND EXPENDITURES OF $2,600.00, LEAVING A FUND BALANCE OF $34,728.00; INDUSTRIAL DEVELOPMENT FUND REVENUES OF $3,451,800.00, AND EXPENDITURES OF $3,451,800. LEAVING A FUND BALANCE OF $-0-.; PROVIDING AN EFFECTIVE DATE." 2. a) Motion to approve the first reading of proposed Ordinance No. 804. Council Member Oliver moved to approve the first reading of proposed Ordinance No. 804; seconded by Council Ill Member Chandler. b) Public discussion and comments. 111 Mayor Kirk asked if there were any questions or comments from the public. There were none. There was discussion between the Council and the Staff regarding the proposed change of title and salary of the Administrator's secretary, and the proposed change in the City Attorney's insurance. Council Member Watford 394 SEPTEMBER 3, 2002 - CITY COUNCIL FIRST BUDGET HEARING - PAGE 4 OF 5 AGENDA COUNCIL ACTION - DISCUSSION - VOTE 111. PUBLIC HEARING FOR THE FIRST READING OF BUDGET ORDINANCES CONTINUED. b) Public discussion and comments continued. suggested that the City leave the title of the City Administrators secretary at the same level, Council Member Oliver stated that City Administrator was an excellent administrator and he wanted to support the recommendation of the change of title. Council Member Chandler supported the administrators request. Mayor Kirk also noted that he had no problem with the suggested $530.00 increase in salary to bring it in line (with the other positions discussed), and felt that was the best Council could do and anymore than that this time would not be prudent. Mayor Kirk also suggested the Council go back and address the salary schedule of the City's employees at a workshop later in the new year, Council Member Oliver stated that he did not agree with the new line item in the City's budget for the City Attorney. Council Member Chandler stated that he supported Attorney Cook's request, and thatAttorney Cook had done a good job forthe City. There was a short discussion between the Council and the staff regarding insurance policy provisions and the taxable income for the City Attorney. Council Member Oliver moved to remove the health insurance benefit from the Legal Council line item in the amount of three thousand five hundred sixty five dollars ($3,565,00); seconded by Council Member Watford. VOTE KIRK - YEA CHANDLER - NAY OLIVER - YEA WATFORD - YEA WILLIAMS - YEA MOTION CARRIED. Mayor Kirk instructed Administrator Veach to move the money from the Legal Council Line item for the insurance and put it back into the professional service line item. Vote on original motion. SEPTEMBER 3, 2002 - CITY COUNCIL FIRST BUDGET HEARING - PAGE 5 OF 5 395 COUNCIL ACTION - DISCUSSION - VOTE 111. PUBLIC HEARING FOR THE FIRST READING OF BUDGET ORDINANCES CONTINUED. b) Public discussion and comments continued. VOTE KIRK - YEA CHANDLER - YEA OLIVER - YEA WATFORD - YEA WILLIAMS - YEA MOTION CARRIED. IV. ADJOURN BUDGET PUBLIC HEARING - Mayor. There being no further items on the agenda, Mayor Kirk adjourned the meeting at 5:30 p.m. PLEASE TAKE NOTICE AND BE ADVISED THAT IF A PERSON DECIDES TO APPEAL ANY DECISION MADE BY THE CITY COUNCIL WITH RESPECT TO ANY MATTER CONSIDERED AT THIS MEETING HE/SHE MAY NEED TO INSURE THAT A VERBATIM RECORD OF THE PROCEEDING IS MADE WHICH RECORD INCLUDES THE TESTIMONY AND EVIDENCE UPON WHICH THE APPEAL IS TO BE BASED ATTEST: James E. Kirk, Mayor Bonnie S, Thomas, CIVIC, City Clerk 0 0 City of Okeechobee - September 3, 2002 - First Budget Hearing - Handwritten Minutes 1. CALL TO ORDER - Mayor: September 3, 2002, First Budget Headnq 5:01 p.m. 11. MAYOR, COUNCIL AND STAFF ATTENDANCE - City Clerk. Present Absent Mayor James E. Kirk Council Member Noel A. Chandler Council Member Robert Oliver Council Member Dowling R. Watford, Jr. Council Member Clayton Williams City Attorney John R. Cook City Administrator Bill L. Veach City Clerk Bonnie S. Thomas Deputy City Clerk S. Lane Gamiotea Secretary Adriana Berry PAGE -1 - Ill. OPEN PUBLIC HEARING FOR THE FIRST READING OF BUDGET ORDINANCES - Mayor. c5s 10'?. p.m. A. Mayor announces that the purpose of this public hearing is to consider the first reading of ordinances for the proposed millage rate levy and proposed budget for fiscal year 2002-2003. B. Mayor announces that the proposed millage rate levy represents 6.40% more than the roll back rate computed pursuant to Florida Statute Section 200.065(l). CA.a) Council Member QV-j moved to read by title only and set September 17, 2002 at 5:01 p.m. as the final public hearing date for proposed Ordinance No. 803 levying a millage rate for the General Fund Budget - City Attorney (Exhibit 1); seconded by Council Member , b) Vote on motion. VOTE YEA NAY ABSTAIN ABSENT KIRK V CHANDLER V OLIVER WATFORD WMILLIAMS MOTION (�',_A�-ARIE-6--,- DENIED b. City Attorney to read proposed Ordinance No. 803 by title only. AN ORDINANCE LEVYING A MILLAGE RATE WHICH RATE IS SET ON ALL REAL AND PERSONAL PROPERTY; PROVIDING THAT 6.6899 PER THOUSAND DOLLAR VALUAT10N SHALL NOT BE LEVIED ON HOMESTEAD PROPERTY; THAT 6.6899 PER THOUSAND DOLLAR VALUATION SHALL BE USED FOR GENERAL CITY PURPOSES; THAT SAID MILLAGE RATE IS 6.40% MORE THAN THE ROLL -BACK RATE COMPUTED IN ACCORDANCE WITH f.s. 200.065 (1); PROVIDING AN EFFECTIVE DATE. 2.a) Council Member N C,, moved t� approve the first reading of proposed Ordinance No. 803; seconded by Council Member C W - b. Public discussion and comments. oc I (C- ](7tv\q 6 t r t� �,' e r r�g,� 0 PAGE -2- 0 0 PAGE -3- C. Re -computation of millage rate (if required). d. Vote on motion. VOTE NAY ABSTAIN ABSENT KIRK CHANDLER OLIVER V WATFORD Z WILLIAMS MOTIO<:CAR:R:1E�)- DENIED D-1.a) CouncilMember PN moved to read bytitle only and set September 17, 2002 at5:01 p.m. as the final public hearing date for proposed Ordinance No. 804 establishing the revenues and expenditures for the General Fund Budget - City Attorney (Exhibit 2); seconded by Council Member U� b) Vote on motion. VOTE YEA NAY ABSTAIN ABSENT KIRK I/ CHANDLER V OLIVER V WATFORD V WILLIAMS MOTIOIN(� �RME - DENIED C) City Attorney to read proposed Ordinance No. 804 by tifle only. AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE CITY OF OKEECHOBEE, FLORIDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2002 AND ENDING SEPTEMBER 30,2003; WHICH BUDGET SETS FORTH GENERAL FUND REVENUES OF $7,080,249.00 AND EXPENDITURES OF $3,967,251 .00, LEAVING A FUND BALANCE OF $3,112,998.00; PUBLIC FACILITIES IMPROVEMENT FUND REVENUES OF $893,048.00 AND EXPENDITURES OF $507,204.00, LEAVING A FUND BALANCE OF $385,844.00; DEBT SERVICE REVENUES OF $249,206.00 AND EXPENDITURES OF $199,365.00, LEAVING A FUND BALANCE OF $49,841.00. CAPITAL PROJECTS -VEHICLES REVENUES OF $912,626.00 AND EXPENDITURES OF $912,626.00 LEAVING A FUND BALANCE OF —0-, LAW ENFORCEMENT SPECIAL FUND REVENUES OF $37,328.00 AND EXPENDITURES OF $2,600.00, LEAVING A FUND BALANCE OF $34,728.00; INDUSTRIAL DEVELOPMENT FUND REVENUES OF $3,451,800.00, AND EXPENDITURES OF $3,451,800. LEAVING A FUND BALANCE OF $-0-.; PROVIDING AN EFFECTIVE DATE. 2. a) Council Member moved to approve the first reading of proposed Ordinance No. 804; seconded by Council Member N 0-,, b) Public discussion and comments. 0 jw -, C, r I f�M ' q � f ry W, 0 c iiA� C G V lr',�_ 0+ SUI V,5_P LAJ Q, V t_ 'S,ki CA ",-AA t h IT LkI 5 C t7tl C'b)AS CIQ t 1 d 7' 04" Larw 0 PAGE -4- o rkcm (L --�r when toA) i,-5()- P, olc> fj�u�ct\ ctl� - Od i", i)N hn .Va" - T PO a.Q bact 14 , [bet CiNc�!N filic -6, D I I)Cj - too I sk f �qs I (wtv-c jAk Y-)p -I A.- (7j c,,,j Liz" L-k-A f?\ ZL L L J, -C 0 0 PAGE C) Vote on motion. VOTE YE� NAY ABSTAIN ABSENT KIRK CHANDLER OLIVER WATFORD WILLIAMS MOTIT RIED DENIED IV. ADJOURN BUDGET PUBLIC HEARING - Mayor. PAGE-11- - *04- City of Okeechobee - September 3,2002 7W 1. CALL TO ORDER - Mayor: September 3, 2002, First Budget Heahnq 5:01 p.m. 11. MAYOR, COUNCIL AND STAFF ATTENDANCE - City Clerk. Present Absent A. -3 CA.a) b) Mayor James E. Kirk Council Member Noel A. Chandler Council Member Robert Oliver Council Member Dowling R. Watford, Jr. Council Member Clayton Williams City Attorney John R. Cook City Administrator Bill L. Veach City Clerk Bonnie S. Thomas Deputy City Clerk S. Lane Gamiotea Secretary Adriana Berry HEARING FOR THE FIRST READING OF BUDGET ORDINANCES - Mayor. Mayor announces that the purpose of this public hearing is to consider the first reading of ordinances for the proposed millage rate levy and proposed budget for fiscal year 2002-2003. Mayor announces that the proposed millage rate levy represents 6.40% more than the roll back rate computed pursuant to Florida Statute Section 200.065(l). Council Member moved to read by file only and set September 17, 2002 at 5:01 p.m. as the final public hearing date for proposed Ordinance No. 803 levying a millage rate for the General Fund Budget - City Attorney (Exhibit 1); seconded by Council Member 06 C_ D_ . Vote on motion. VOTE YEA NAY ABSTAIN ABSENT KIRK CHANDLER OLIVER WATFORD WILLIAMS MOTION DENIED b. City Attorn�y to read proposed Ordinance No. 803 by title only. AN ORDINANCE LEVYING A _"GE!j7tA *IkH RATE ISSETON-ALL-RE No ALA I PERSONAL PROPERTY; *kOVID'ING THAT'6169 PER THOUSAND DOLLAR VALUATION SHALL NOT BE LEVIED ON HOMESTEAD PROPERTY; THAT 6.6899 PER THOUSAND DOLLAR VALUATION SHALL BE USED FOR GENERAL CITY PURPOSES; THAT SAID MILLAGE RATE IS 6.40% MORE THAN THE ROLL -BACK RATE COMPUTED IN ACCORDANCE VVITH f.s. 200.065 (1); PROVIDING AN EFFECTIVE DATE. 2.a) Council Member�2� - moved to approve the first reading of proposed Ordinance No. 803; seconded by Council Member 0 tV b. Public discussion and comments. = 0 0 PAGE -2- 0 C. Re -computation of millage rate (if required). d. Vote on motion. PAGE -3- VOTE YEA —NAY ABSTAIN ABSENT KIRK CHANDLER OLIVER WATFORD WILLIAMS MOTIO. CA ED - DENIED D.1-a) Council Member �*) moved to read by title only and set September 17, 2002 at 5:01 p.m. as the final public hearing date for proposed Ordinance No. 804 establishing the revenues and expenditures for the General Fund Budget - City Afforney (Exhibit 2); seconded by Council Member t U-) b) Vote on motion. VOTE YEA NAY ABSTAIN ABSENT KIRK CHANDLER OLIVER WATFORD WILLIAMS TION (�;� ED - DENIED C) City Attorney to read proposed Ordinance No. 804 by fitle only. AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE CITY OF OKEECHOBEE, FLORIDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2002 AND ENDING SEPTEMBER 30,2003; WHICH BUDGET SETS FORTH GENERAL FUND REVE 01 _OF7 �08O 24�9.0O AND EXPENDITURES OF 13,967,251.00, LEAVING A FUND BALANCE OF 01112,998.00i PUBLIC FACILITIES PRO IM FUND REVENUES OF $893,04.00 AND EXPENDITURES OF $1507 204 00 LEAVING A FUND BALANCE OF $385.8".00; DEBT URVICE REVENUES OF $249,206.00 AND EXPENDITURES OF $199,3 -65.00, LEAViNd A FUND BALANCE OF $49,84T.-OOCAPITAL PROJECTS -VEHICLES REVENUES OF $912,626.00 AND EXPENDITURESr;Oz.-F'$'--9'1'2-R2R-oo LEAVING A FUND BALANCE OF -0., �A#LENEQRCEMENT SPECIAL FUND NUES OF- $jZJ2 M-AND EXPENDITURES OF $2,600,00, LEAVING A FI]Nn RAI ANCE OF $34,728.00-. INDUSTRIAL DEVELOPMENT FUND REVENUES OF ;3 451800 00 AND EXPENDITURES OF ��l 8%. LEAVING A FUND BALANCE OF PROVIDING AN EFFECTIVE DATE. 2. a) Council member moved to approve the first reading of proposed Ordinance No. 804; seconded by Council Member �� b) Public discussion and comments. 'al 6Z dtct oz� ,4- ne��o(- to/,4Lj2.,,Q— Cl-'� -e-01-tr- 'L�T 14 LA)l 0 0 PAGE 4- CITY OF OKEECHOBEE SEPTEMBER 3, 2002 FIRST BUDGET HEARING OFFICIAL AGENDA PAGE I OF 2 1. CALL TO ORDER - Mayor: September 3, 2002, City Council First Budget Hearing, 5:01 p.m. 0 11. MAYORt COUNCIL AND STAFF ATTENDANCE - City Clerk. Mayor James E. Kirk Council Member Noel A. Chandler Council Member Clayton Williams Council Member Robert Oliver Council Member Dowling R. Watford, Jr. City Attorney John R. Cook City Administrator Bill L. Veach City Clerk Bonnie S. Thomas Deputy Clerk S. Lane Gamiotea III. OPEN PUBLIC HEARING FOR THE FIRST READING OF BUDGET ORDINANCES - Mayor. A. Mayor announces that the purpose of this public hearing is to consider the first reading of ordinances for the is proposed millage rate levy and proposed budget for fiscal year 2002-2003. B. Mayor announces that the proposed millage rate levy represents 6.40% more than the roll back rate computed pursuant to Florida Statute Section 200.065(l). C. 1. a) Motion to read by title only and set September 17, 2002 at 5:01 p.m. as the final public hearing date for proposed Ordinance No. 803 levying a millage rate for the General Fund Budget - City Attorney (Exhibit 1). 0 0 SEPTEMBER 3v 2002 - CITY Comm AGENDA - PAGE 2 OF 2 III. PUBLIC HEARING FOR THE FIRST READING OF BUDGET ORDINANCES CONTINUED. C. 1.b) Vote on motion. C) City Attorney to read proposed Ordinance No. 803 by title only. 2.a) Motion to approve the first reading of proposed Ordinance No. 803. b) Public discussion and comments. C) Re -computation of millage rate (if required). d) Vote on motion. D. 1.a) Motion to read by title only and set September 17, 2002 at 5:01 p.m. as the final public hearing date for proposed Ordinance No. 804 establishing the revenues and expenditures for the General Fund Budget - City Attorney (Exhibit 2). b) Vote on motion. C) City Attorney to read proposed Ordinance No. 804 by title only. 2. a) Motion to approve the first reading of proposed Ordinance No. 804. b) Public discussion and comments. C) Vote on motion. IV. ADJOURN BUDGET PUBLIC HEARING - Mayor. PLEASE TAKE NOTICE AND BE ADVISED that if any person desires to appeal any decision made by the City Council with respect to any matter considered at this proceeding, such interested person will need a record of the proceedings, and for such purpose may need to ensure a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. City Clerk tapes are for the sole purpose of backup for official records of the Clerk. ExHiBiT 1 — SEPTEmiBER 3 AGENDA ORDINANCE NO. 803 AN ORDINANCE LEVYING A MILLAGE RATE WHICH RATE IS SET ON ALL REAL AND PERSONAL PROPERTY; PROVIDING THAT 6.68" PER THOUSAND DOLLAR VALUATION SHALL NOT BE LEVIED ON HOMESTEAD PROPERTY; THAT 6.6899 PER THOUSAND DOLLAR VALUATION SHALL BE USED FOR GENERAL CITY PURPOSES; THAT SAID MILLAGE RATE IS 6.40% MORE THAN THE ROLL -BACK RATE COMPUTED IN ACCORDANCE WITH f.s. 200.065 (1); PROVIDING AN EFFECTIVE DATE. NOW, THEREFORE9 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 hereby levies a tax of 6.6899 per thousand dollar valuation on all real and personal property within the corporate limits of said City, provided however, that 6.6899 shall not be levied upon property in the City of Okeechobee claimed and allowed as homestead on the general laws of the State of Florida. SECTION 2: That as designated in Section 1, hereof, 6.6899 per thousand dollar valuation shall be used for general City purposes in carrying on and conducting the government of said City. SECTION 3: The millage rate adopted is 6.40 % over the roll -back rate as computed in accordance with Florida Statutes Section 200.065 (1). SECTION 4: That this ordinance was proposed, considered and adopted under the provisions of Florida Statues Chapter 166 and Section 200.065. SECTJON 5: This ordinance shall take effect October 1, 2002. INTRODUCED for first reading and public hearing on the 2� day of Sep_tcmbe , 2002. James E. Kirk, Mayor ATTEST: Bonnie S. Thomas, CMC, City Clerk ADOPTED after second reading and second public hearing on the Ir day of S!;�mb 2002. James E. Kirk, Mayor ATTEST: Bonnie S. Thomas, CMC, City Clerk REVIEWED FOR LEGAL SUFFICIENCY: John R. Cook, City Attorney 0 0 EXHIBIT 2 — SEPTEMBER 3 AGENDA ORDINANCE NO. 804 AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE CITY OF OKEECHOBEE, FLORIDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2002 AND ENDING SEPTEMBER 30,2003; WHICH BUDGET SETS FORTH GENERAL FUND REVENUES OF $7,080,249.00 AND EXPENDITURES OF $3,967,251.00, LEAVING A FUND BALANCE OF $3,112,"8.00; PUBLIC FACILITIES IMPROVEMENT FUND REVENUES OF $893,048.00 AND EXPENDITURES OF $507404.00, LEAVING A FUND BALANCE OF $385,844.00; DEBT SERVICE REVENUES OF $249,206.00 AND EXPENDITURES OF $199,365.00, LEAVING A FUND BALANCE OF $49,841.00. CAPITAL PROJECTS -VEHICLES REVENUES OF $912,626.00 AND EXPENDITURES OF $912,626.00 LEAVING A FUND BALANCE OF —0-, LAW ENFORCEMENT SPECIAL FUND REVENUES OF $37,328.00 AND EXPENDITURES OF $2,600.00, LEAVING A FUND BALANCE OF $34,728.00; INDUSTRIAL DEVELOPMIENT FUND REVENUES OF $3,451,800.00, AND EXPENDITURES OF $3,451,800. LEAVING A FUND BALANCE OF $-0-.; 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 the City of Okeechobee, Florida, after having held a public hearing on the amended annual budget, including General Fund, Public Facilities Improvement Fund, Debt Service Fund, Law Enforcement Special Fund and Emergency and Disaster Relief 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, 2002 and ending September 30, 2003. GENERALFUND Revenues Fund Mance $3,181,165.00 Ad Valorem Taxes - 6.6899 Millage 1,323,447.00 Other Taxes (Ins. Prem.Tax, Utility Taxes, Franchise Fees & Occ. Lic. Fee) 1,107,391.00 Intergovernmental Revenue 857,731.00 Charges for Current Services 282,835.00 Fines, Forfeitures and Penalties 29,242.00 Uses of Money and Property 100,000.00 Other Revenues 38,438.00 Operating Transfer -in from Public Facilities 160,000.00 Total Revenues $7,080,249.00 Expenditures Legislative $ 99,569-00 Executive 125,289.00 City Clerk 139,407.00 Financial Services 170,703.00 Legal Counsel 100,500.00 General Governmental Services 289,895.00 Law Enforcement 1,217,891.00 Fire Protection 987,299.00 Road and Street Facilities 773,748.00 Operating Tranafer-Out to Capital Projects -Vehicles 62,950.00 Total Expenditures $3,967,251.00 Fund Balance $3,112,998.00 0 0 PUBLIC FACILITIES -IMPROVEMENT FUND Revenues Fund Balance S 538,905.00 Revenues 354,143,00 Total Revenues $ 893,048.00 Expenditures $ 347,204.00 Operating Transfer -Out 160,000,00 Total Expenditure $507,204.00 Fund Balance $ 385,844.00 DEBT SERVICE Revenues Fund Balance $ 112,124.00 Revenues 137,082.00 Total Revenues $ 249,206.00 Total Expenditures $ 199,365.00 Fund Balance $ 49,841.00 APITAL PROJECTNEMCLES Revenues Fund Balance $ -0- Revenues 912,626.00 Transfer -In General Fund 62,950.00 Total Revenues S 912,626.00 Expenditures Total Expenditures $ - 91Z626.00 Fund Balance $ -0- AW EN ORCEMEN"S ECL4,L FUND Revenues Fund Balance $ 31,028.00 Revenues - 6,300.0 Total Revenues $ 37,328.00 Expenditures $_ 2,600.00 Fund Balance $ 34,728.00 INDUSTRIAL DEVELQPMENT FM Revenues Fund Balance $ Revenues- - 3.451.�00.00 Total Revenues $3,451,800.00 Expenditures Total Expenditures Fund Balance $3A51,800.00 $ -0- 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, 2002. INTRODUCED for first reading and public hearing on the 3' day of September, 2002. James E. Kirk, Mayor ATTEST: Bonnie S. Thomas, CMC, City Clerk ADOPTED after second reading and second public hearing on the 17' day of Sgptember, 2002. James E. Kirk, Mayor ATTEST: Bonnie S. Thomas, CMC, City Clerk REVIEWED FOR LEGAL SUFFICIENCY: John R. Cook, City Attorney