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2022-09-26 Item VI D Exhibit 2 Ord #1267 Budget FY2022-23Exhibit 2 9/26/2022 ORDINANCE NO. 1267 AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE CITY OF OKEECHOBEE, FLORIDA; FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2022, AND ENDING SEPTEMBER 30, 2023; APPROPRIATING FUNDS FOR OPERATING EXPENSES OF THE CITY OF OKEECHOBEE FOR THE GENERAL OPERATION OF THE SEVERAL DEPARTMENTS OF THE CITY AND OTHER FIXED OBLIGATIONS OF THE CITY FOR AND DURING THE FISCAL YEAR; PROVIDING FOR CONFLICT AND SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Okeechobee adopts a final budget and appropriates funds on an annual basis for the general operation of several departments of the City; and WHEREAS, the City of Okeechobee held budget workshops on July 5, 2022, August 2, 2022, and August 16, 2022; and WHEREAS, Section 166.2.41, Florida Statutes provides specific requirements to which municipalities must comply with regard to budgets and budget amendments; and WHEREAS, State law requires that municipal budgets are balanced and adopted annually, and the adoption must be by resolution or ordinance including provisions relating to the methods and timing of budget amendments; and WHEREAS, the 2022 tax assessment role for the City of Okeechobee has been paired, equalized and certified, showing: Total taxable value of real and personal property: $393,615,286.00; and WHEREAS, the process of the adoption of the annual budget is governed by Chapter 200, Florida Statutes, requiring calculation of the rolled -back tax rate and percentage increase over the rolled -rate, certain public notices, public hearings, format of required ordinances, and the like. NOW, THEREFORE, be it ordained by the City Council of 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 Improvement Projects Fund, Other Grants Fund, Industrial Development Grant Fund, and Law Enforcement Special Fund, hereby adopts as its annual budget the expenditures, as fully set forth below, for the Fiscal Year beginning October 1, 2022, and ending September 30, 2023. GENERALFUND Revenues: Fund Balance $ 4,342,501.00 Ad Valorem Taxes — 6.8987 $ 2,606,816.00 Other Fees $ 704,900.00 Intergovernmental Revenue $ 1,732,900.00 Charges for Current Services $ 1,386,300.00 Fines, Forfeitures and Penalties $ 35,200.00 Uses of Money and Property $ 10,100.00 Other Revenues $ 40.700.00 TOTAL REVENUES $ 10,909,417.00 Transfer -In from Public Facilities Improvement Fund $ 350,000.00 Transfer -In from Capital Improvement Projects Fund $ 535,950.00 TOTAL REVENUES AND TRANSFERS $ 11,795,367.00 Ordinance No. 1267 Page 1 of 3 Expenditures: Legislative $ 182,766.00 Executive $ 265,142.00 City Clerk $ 323,086.00 Financial Services $ 343,600.00 Legal Counsel $ 188,900.00 General Services $ 585,637.00 Law Enforcement $ 3,220,258.00 Fire Protection $ 706,214.00 Road and Street Facilities $ 1,637,263.00 TOTAL EXPENDITURES $ 7,452,866.00 GENERAL FUND BALANCE $ 4,342,501.00 PUBLIC FACILITIES IMPROVEMENT FUND Revenues: Fund Balance $ 926,183.00 Revenues $ 1,125,251.00 TOTAL REVENUES $ 2,051,434.00 Expenditures: TOTAL EXPENDITURES $ 1,150,951.00 Transfer -Out to General Fund $ 350,000.00 TOTAL EXPENDITURES AND TRANSFERS $ 1,500,951.00 PUBLIC FACILITIES IMPROVEMENT FUND BALANCE $ 550,483.00 CAPITAL IMPROVEMENT PROJECTS FUND Revenues: Fund Balance $ 3,590,400.00 Revenues 1 50,000.00 TOTAL REVENUES $ 3,640,400.00 Expenditures: TOTAL EXPENDITURES $ 857,000.00 Transfer -Out to Other Grants and Appropriations Grant Fund's $ 93,800.00 Transfer -Out to General Fund $ 535,950.00 TOTAL EXPENDITURES AND TRANSFERS $ 1,486,750.00 CAPITAL IMPROVEMENT PROJECTS FUND BALANCE $ 2,153,650.00 OTHER GRANTS FUND Revenues: Fund Balance $ 47,000.00 Revenues $ 300,000.00 Transfer -In from Capital Improvement Projects Fund $ 83,000.00 TOTAL REVENUES $ 430,000.00 Expenditures: TOTAL EXPENDITURES $ 430,000.00 OTHER GRANTS FUND BALANCE $ 0.00 INDUSTRIAL DEVELOPMENT GRANT FUND Revenues: Fund Balance $ 120,558.00 Revenues $ 0.00 TOTAL REVENUES $ 120,558.00 Expenditures: TOTAL EXPENDITURES $ 120,558.00 INDUSTRIAL DEVELOPMENT GRANT FUND $ 0.00 Ordinance No. 1267 Page 2 of 3 APPROPRIATIONS GRANT FUND Revenues: Fund Balance $ 0.00 Revenues $ 240,000.00 Transfer -In from Capital Improvement Projects Fund $ 10,800.00 TOTAL REVENUES $ 250,800.00 Expenditures: TOTAL EXPENDITURES $ 250,800.00 APPROPRIATIONS GRANT FUND BALANCE $ 0.00 LAW ENFORCEMENT SPECIAL FUND Revenues: Fund Balance $ 15,600.00 Revenues $ 1,000.00 TOTAL REVENUES $ 16,600.00 Expenditures: TOTAL EXPENDITURES $ 11,500.00 LAW ENFORCEMENT SPECIAL FUND BALANCE $ 5,100.00 Section 2: That this Ordinance was proposed, considered, and adopted under the provisions of Chapter 166 and 200.065 Florida Statutes. Section 3: The Finance Director 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: The City Administrator, through the Finance Director, is hereby authorized and directed to disburse monies for the purpose of meeting the expenses and expenditures of the City as appropriated. Section 6: Effective Date. This Ordinance shall be effective October 1, 2022. INTRODUCED for First Reading and Public Hearing on the 6t" day of September 2022. Dowling R. Watford, Jr., Mayor ATTEST: Lane Gamiotea, CMC, City Clerk PASSED AND ADOPTED after Second Reading and Final Public Hearing on the 26th day of September 2022. Dowling R. Watford, Jr., Mayor ATTEST: Lane Gamiotea, CMC, City Clerk REVIEWED FOR LEGAL SUFFICIENCY: John J. Fumero, City Attorney Ordinance No. 1267 Page 3 of 3 e� INDEPENDENT NEWSMEDIA INC, USA STATE OF FLORIDA COUNTY OF OKEECHOBEE Before the undersigned authority personally appeared Ka- trina Elsken Muros, who on oath says that she is Editor in Chief of the Lake Okeechobee News, a weekly news- paper published in Okeechobee County, Florida; that the attached copy of advertisement, being a Public Notice in the matter of Public Notice in the 19th Judicial District of the Circuit Court of Okeechobee County, Florida, was published in said news- paper in the issues of 09/14/22 (Print Dates) or by publication on the newspaper's website, if authorized, on 09/14/22, 09/15/22, 09/16/22, 09/17/22, 09/18/22, 09/19/22, 09/20/22, 09/21 /22 (Website Dates) Affiant further says that the newspaper complies with all legal requirements for publication in Chapter 50, Florida Statutes. Katrina Elsken Mttros Sworn to and subscribed before me by means of Physical Presence QX Online Notarization physical presence or online notarization, this 14th day of September. 2C)22. MNET SUE MADRAY `p •......:P •. n - WiY COMMISoION # NH 129146 * `= ;a;•. ,�y•o`: EXPIRES: May 12, 2025 Bonded Thnl NOtary Public Underr;I!ers �.�y,O.yyifY.•W6V (Signature of Notary Public) STAMP OF NOTARY PUBILIC MINUTE FILE 4 )3 Lake Okeechobee New t Y1 0,0 313 NW 4th Avenue Nhdbjf2_ Okeechobee, FL 34972 863-763-3134 CITY OF OKEECHOBEE PUBLIC NOTICE CONSIDERATION OF ADOPTING A CITY ORDINANCE NOTICE IS HEREBY GIVEN that theGNCundl ofthe CAyofCkeediobee wig oadud a Public rd9 on Sephe1 26, 2022, 6PM, or as soon ttxe.fta pmshle, at Cty Flag, 55 SE 3rd A4E, Cl , FL, m aroder foal "e, foradopton cf tre fdbwing Qdnaxe IMa law (No.1267): AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE CITY OF OKEECHOBEE, FLORIDA; FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2022, AND ENDING SEPTEMBER 30, 2023; APPRO- PRIATING FUNDS FOR OPERATING EXPENSES OF THE CITY OF OKEECHOBEE FOR THE GENERAL OPERATION OF THE SEVERAL DEPARTMENTS OFTHE CITY AND OTHER FDTED OBLIGATIONS OF THE CITY FOR AND WRING THE FISCAL YEAR; PROVIDING FOR CONFLICT AND SEVERABILIIY; AND PROVIDING FOR AN EFFEC- TIVE DATE The Public is invited to attend the Rubric Heari and be heard en all matters. The prop�d adirai� corn be i nK in � atiiciy at the adder abo�.e during regJar bu9rass hays, Mon -Fri, 8 AM-4:30 PM, opt for Wjg r s, or en the webste h //wwwdtyofoke�xlieemn/Pudic-no- tloatt BE ADVISED tat dmld you inlerd to show arty doarmerk ppcUe, �, oritemsmtheGwnalins})patoroppcatontoarty tt fnenthe ageMa,a mpyofdiedoament pictse,Mdm,orIanmustbeprovidedtotheCity Oak for the Gt/s ids. ANY PERSON DECIDING TO APPEAL arty made and ded_dm made IN tla Counal wdh n ag h> arty nab' aavddad t meeting wdl new to sLerea �eta3lim nod cfthe pn>�ing is the nod or d ides the h2tmcny and eHderm Lpon Whc h the appeal will be basal. !n meedarc a wrth the Ameriam wIh Drsabi s Ad, pasons wdh duedlities rt°a1'rg steal ammrmrodaton W patid� n tlis pro�ellr g shaid mrdact t,e Gty OaiCsOfioe in person orcall 863-7639815, Hearing Impaired: Florida Relay 7-1-1no later tanfar M.mressdays priorbm piDeaeoirg. Br Cdy Clerk Lane Gamv(Ln, GNC 559668 LCN 9/14/2022 12PM rRE -4,tjD r' to wt'022 Un wb zI