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98-R-10RESOLUTION 98-R-10 A RESOLUTION ADOPTING A FINAL BUDGET FOR THE CITY OF EDGEWATER, FLORIDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1998, AND ENDING SEPTEMBER 30, 1999; SETTING FORTH REVENUES AND EXPENDITURES FOR THE GENERAL FUND, THE WATER AND WASTEWATER FUND, THE REFUSE COLLECTION F U N D, T H E S T O R M W A T E R MANAGEMENT/MAINTENANCE FUND, AND THE INTERNAL SERVICE/SELF-INSURANCE FUND; REPEALING ALL RESOLUTIONS IN CONFLICT HEREWITH AND PROVIDING AN EFFECTIVE DATE. WHEREAS, pursuant to Section 200.065, Florida Statutes, the City Council is required to adopt a final budget for the fiscal year beginning October 1, 1998 and ending September 30, 1999, at an advertised public hearing held within fifteen days after the adoption of a tentative budget; and WHEREAS, the public hearing shall be held not less than two (2) days or more than five (5) days after the date the advertisement is first published; and WHEREAS, the City Council adopted a tentative budget on September 10, 1998, and the advertisement for the required public hearing was published on September 19, 1998. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Edgewater, Florida: Section 1. The budget as set forth in Exhibit A which is attached hereto and incorporated by reference is hereby adopted as the final budget of the City of Edgewater, Florida, for the fiscal year beginning October 1, 1998 and ending September 30, 1999. Section 2. The following monies are anticipated to be collected from the sources of revenue for the General Fund during Fiscal Year 1998 - 1999: 98-R-10 Umderlined passages are added. Stnele lneugh passages are deleted. Ad valorem taxes $2,509,337 $2.451.122 Other revenues -1 6.061.368 $8,512,490 $8,512,490 Section 3. From the anticipated sources of revenue for the General Fund set forth above, the following are the estimated General Fund expenditures for Fiscal Year 1998 - 1999: l HUM 60 Doartment City Council Amount $ 49,677 City Manager 144,294 Finance 174,261 Legal Counsel 154,370 Planning and Development 215,971 Economic Development 2,750 Personnel Administration 94,428 City Clerk 174,150 Other Governmental Services 397,528 Maintenance 110,670 Engineer ----0---- Law Enforcement 2,439,584 Fire & Rescue 1,661,746 Building 193,825 Civil Defense 14,604 Public Works 366,424 Library 5,025 Parks & Recreation 1,949,336 Debt Services & Transfers Out 363.84./ $ 8,512,490 98-R-10 Underlined passages are added. ugh passages are deleted. Section 4. A copy of more detailed explanation of the revenues and expenditures of the General Fund for Fiscal Year 1998 - 1999 is set forth on pages 17 through 45 of Exhibit A. Section 5. The amount of $6,342,200 is anticipated to be collected from the sources of revenue for the Water and Wastewater Fund during Fiscal Year 1998 - 1999. From those anticipated sources of revenue for the Water and Wastewater Fund, $6,342,200 is the estimated amount of expenditures for Water and Wastewater Fund for Fiscal Year 1998 - 1999. A more detailed explanation of the revenues and expenditures of the Water and Wastewater Fund is set forth on pages 46 through 56 of the attached Exhibit A. Section 6. The amount of $1,479,923 is anticipated to be collected from sources of revenue for the Refuse Collection Fund during Fiscal You 1998 - 1999. From those anticipated sources of revenue for the Refuse Collection Fund, $1,479,923 is the estimated amount of expenditures for the Refuse Collection Fund for Fiscal Year 1998 - 1999. A more detailed explanation of the revenues and expenditures of the Refuse Collection Fund is set forth on pages 57 through 61 of the attached Exhibit A. Section 7. The amount of $982,092 is anticipated to be collected from the sources of revenue for the Stormwater Management/Maimenance Fund during Fiscal Year 1998 - 1999. From those anticipated sources of revenue for the Stormwater Management/Maintenance Fund, $982,092 is the estimated amount of expenditures for the Stormwater Management/Maintenance Fund for Fiscal Year 1998 - 1999. A more detailed explanation of the revenues and expenditures of the Stormwater Management/Maintenance Fund is set forth on pages 62 through 66 of the attached Exhibit A. 98-R-10 n hne passages are added. Sigh passages are deleted. 3 Section 8. The amount of $192,734 is anticipated to be collected from the sources of revenue for the Internal Service/Self Insurance Fund during Fiscal Year 1998 - 1999. From those anticipated sources of revenue for the Internal Service/Self Insurance Fund, $192,734 is the estimated amount of expenditures for the Internal Service/Self Insurance Fund for Fiscal Year 1998 - 1999. A more detailed explanation of the revenues and expenditures of the Internal Service/Self Insurance Fund is set forth on pages 67 through 69 of the attached Exhibit A. Section 9. The City Manager is hereby directed and authorized to appropriate and spend the anticipated revenues as set forth in Section 2, 5, 6, 7, and 8 and the attached Exhibit A when the revenues are received and collected. In addition, the City Manager is authorized to transfer line items within specific funds and from contingency as needed, but shall not transfer monies from Fund to Fund without City Council approval. The City Council shall be notified within thirty (30) days of any transfer from contingency. Section 10. All resolutions or parts of resolutions in conflict herewith, shall be and the same are hereby repealed. Section 11. This resolution shall take effect upon adoption. After Motion by Councilwoman Lichter and Second by Councilman Hammond, the vote on this resolution was as follows: Mayor Randy G. Allman AYE Councilman Jim Gornto AYE Councilman Myron F. Hammond AYE Councilman Gary W. Roberts AYE Councilwoman Judy Lichter AYE 98-R-10 Underlined passages are added. SheektlrcangM passages are deleted. 4 PASSED AND DULY ADOPTED this 24th day of September, 1998 ATTEST: 9&R-10 Undue passages are added. 9eeekNveegh passages we deleted. CITY COUNCIL OF THE CITY OF EDGEWATE RIDA Raatdy — Mayor APPROVED FOR FORM AND CORRECTNESS: NIW Clayton 61 Cla City Attorney