1028 08/09 FY BudgetORDINANCE NO. 1028
• AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE CITY OF
OKEECHOBEE, FLORIDA, FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 2008 AND ENDING SEPTEMBER 30, 2009; WHICH
BUDGET SETS FORTH GENERAL FUND REVENUES OF $5,447,977.00
AND EXPENDITURES OF $5,447,945.00, TRANSFER-IN $337,929.00;
TRANSFER OUT $78,000.00, LEAVING A FUND BALANCE OF
$9,492,815.00; PUBLIC FACILITIES IMPROVEMENT FUND REVENUES
OF $965,418.00 AND EXPENDITURES OF $565,968.00, TRANSFER OUT
$337,929.00, LEAVING A FUND BALANCE OF $61,521.00; CAPITAL
PROJECTS IMPROVEMENTS FUND REVENUES OF $734,750.00 AND
EXPENDITURES OF $60,000.00, TRANSFER OUT $600.00, LEAVING A
FUND BALANCE OF $674,150.00; CAPITAL PROJECTS-VEHICLES
FUND REVENUES OF $888,833.00 AND EXPENDITURES OF
$881,251.00, TRANSFER IN $78,000.00, LEAVING A FUND BALANCE OF
$85,582.00; LAW ENFORCEMENT SPECIAL FUND REVENUES OF
$3,137.00 AND EXPENDITURES OF $0.00, LEAVING A FUND BALANCE
OF $3,137.00; 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, 2008 and ending September 30, 2009.
GENERAL FUND
Revenues
Fund Balance
$9,232,513.00
Ad Valorem Taxes - 6.7707
$2,202,784.00
Other Fees
$1,364,125.00
Intergovernmental Revenue
$1,130,102.00
Charges for Current Services
$429,619.00
Fines, Forfeitures and Penalties
$25,600.00
Uses of Money and Property
$121,009.00
Other Revenues
$174,738.00
Total Revenues
$14,680,490.00
Transfer-In from Public Facilities Improvement Fund $337.929.00
TOTAL REVENUES AND TRANSFERS $15,018,419.00
Expenditures
Legislative
$138,938.00
Executive
$167,320.00
• City Clerk
$188,011.00
Financial Services
$208,191.00
Legal Counsel
$125,732.00
General Services
$458,898.00
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Law Enforcement $1,824,008.00
Fire Protection $1,251,345.00
Road and Street Facilities $1,085,502.00
Total Expenditures $5,447,945.00
Transfer-Out to Capital Projects-Vehicles Fund $78,000.00
TOTAL EXPENDITURES AND TRANSFERS $5,525.945.00
GENERAL FUND BALANCE $9,492,475.00
PUBLIC FACILITIES IMPROVEMENT FUND
Revenues
Fund Balance $344,502.00
Revenues $620,916.00
Total Revenues $965,418.00
Expenditures
Total Expenditures $565,968.00
Transfer-Out to General Fund $337,929.00
TOTAL EXPENDITURES AND TRANSFERS $903.897.00
PUBLIC FACILITIES IMPROVEMENT FUND BALANCE $61,521.00
CAPITAL PROJECTS IMPROVEMENT FUND
Revenues
Fund Balance $718,600.00
Revenues $16,150.00
Total Revenues $734,750.00
Expenditures
Total Expenditures $60,000.00
Transfer-Out to General Fund $600.00
TOTAL EXPENDITURES AND TRANSFERS $60.600.00
CAPITAL PROJECTS IMPROVEMENT FUND BALANCE $674,150.00
CAPITAL PROJECTS-VEHICLES FUND
Revenues
Fund Balance $24,272.00
Revenues $864,561.00
Total Revenues $888,833.00
Transfer-In to General Fund $78,000.00
TOTAL REVENUES AND TRANSFERS $966,833.00
Expenditures
Total Expenditures $881,251.00
CAPITAL PROJECTS-VEHICLES FUND BALANCE $85,582.00
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LAW ENFORCEMENT SPECIAL FUND
Revenues
• Fund Balance $3,127.00
Revenues $10.00
Total Revenues $3,137.00
Expenditures
Total Expenditures $0.00
LAW ENFORCEMENT SPECIAL FUND BALANCE $3,137.00
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, 2008.
INTRODUCED for first reading and public hearing on the 16th day of September, 2008.
James E. Kirk, Mayor
ATTEST;
N
Lane Gamiotea, CIVIC, City Clerk
ADOPTED after final reading and second public hearing on the 30th day of September,
2008.
ATTEST:;
Lane b atniotea; 10MC, City Clerk
REVIEWED FOR L AL SUF ICIENCY:
John R. Cook, i t rney
•
James E. Kirk, Mayor
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