0999 07/08 FY Budget
ORDINANCE NO. 999
.
AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE CITY OF
OKEECHOBEE, FLORIDA, FOR THE FISCAL YEAB BEGINNING
OCTOBER 1, 2007 AND ENDING SEPTEMBER 30, 2008; WHICH
BUDGET SETS FORTH GENERAL FUND REVENUES OF $13,320,011.00
AND EXPENDITURES OF $5,699,023.00, LEAVING A FUND BALANCE
OF $7,620,988.00; PUBLIC FACILITIES IMPROVEMENT FUND
REVENUES OF $1,795,484.00 AND EXPENDITURES OF $1,795,484.00,
LEAVING A FUND BALANCE OF $0.00; CAPITAL PROJECTS
IMPROVEMENTS FUND REVENUES OF $689,372.00 AND
EXPENDITURES OF $4,235.00, LEAVING A FUND BALANCE OF
$685,137.00; CAPITAL PROJECTS-VEHICLES FUND REVENUES OF
$994,165.00 AND EXPENDITURES OF $992,361.00, LEAVING A FUND
BALANCE OF $1,804.00; LAW ENFORCEMENT SPECIAL FUND
REVENUES OF $2,707.00 AND EXPENDITURES OF $2,707.00, LEAVING
A FUND BALANCE OF $0.00; 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, Capital Projects Improvement Fund,
Capital Projects-Vehicles 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, 2007 and ending September 30, 2008.
GENERAL FUND
Revenues
Fund Balance
Ad Valorem Taxes - 6.5010 (no millage change)
Other Fees
Intergovernmental Revenue
Charges for Current Services
Fines, Forfeitures and Penalties
Uses of Money and Property
Other Revenues
Total Revenues
Transfer-In from Capital Project Improvements Fund
Transfer-In from Public Facilities Improvement Fund
$7,344,597.00
$2,224,529.00
$1,353,829.00
$1,104,065.00
$546,889.00
$28,358.00
$140,000.00
$235.580.00
$12,977,847.00
$4,235.00
$337.929.00
TOTAL REVENUES AND TRANSFERS
$13,320,011.00
.
Expenditures
Legislative
Executive
City Clerk
Financial Services
Legal Counsel
General Services
Law Enforcement
$140,408.00
$165,396.00
$186,914.00
$209,779.00
$80,742.00
$473,635.00
$1,839,568.00
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Fire Protection
Road and Street Facilities
Total Expenditures
Transfer-Out to Capital Projects-Vehicles Fund
TOTAL EXPENDITURES AND TRANSFERS
GENERAL FUND BALANCE
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
CAPITAL PROJECTS IMPROVEMENT FUND
Revenues
Fund Balance
Revenues
Total Revenues
Expenditures
Total Expenditures
Transfer-Out to General Fund
TOTAL EXPENDITURES AND TRANSFERS
CAPITAL PROJECTS IMPROVEMENT FUND BALANCE
CAPITAL PROJECTS-VEHICLES FUND
Revenues
Fund Balance
Revenues
Total Revenues
Transfer-In to General Fund
TOTAL REVENUES AND TRANSFERS
EXDenditures
Total Expenditures
CAPITAL PROJECTS-VEHICLES FUND BALANCE
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$1,299,061.00
$1.225.520.00
$5,621,023.00
$78.000.00
$5.699.023.00
$7,620,988.00
$1 ,076,673.00
$718.811.00
$1,795,484.00
$1 ,457,555.00
$337.929.00
$1.795.484.00
$0.00
$652,099.00
$37.273.00
$689,372.00
$0.00
$4.235.00
$4.235.00
$685,137.00
$5,862.00
$910.303.00
$916,165.00
$78.000.00
$994,165.00
$992.361.00
$1,804.00
.
.
LAW ENFORCEMENT SPECIAL FUND
Revenues
Fund Balance
Revenues
Total Revenues
$2,706.00
$1.00
$2,707.00
Expenditures
Total Expenditures
$2.707.00
LAW ENFORCEMENT SPECIAL FUND BALANCE
$0.00
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 , 2007.
INTRODUCED for first reading and public hearing on the 5th day of September, 2007.
- ATTEST:
cACJJUL ~mM\' CL
Lane Gamiotea,. MC, City Clerk
ADOPTED after final reading and second public hearing on the 19th day of September,
2007.
~
James E. Kirk, Mayor
;r.
3~O~L SUFFICIENCY:
John R. Cook, City Attorney----
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