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98-R-09RESOLUTION 98-R-09 A RESOLUTION ADOPTING A TENTATIVE 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 hold a public hearing and adopt a tentative budget for the fiscal year beginning October 1, 1998, and ending September 30, 1999. 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 tentative 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 Yew 1998 - 1999: MWIMC11MIN • ' �l l Source of Revenue Ad valorem taxes 98-R-09 $ 2,509,337 Other revenues -6 6.003.153 $ 8,487,945 $ 5,12,424 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: Deoartment City Council City Manager Finance Legal Counsel Planning & Development Economic Development Personnel Administration City Clerk Other Governmental Services Maintenance Law Enforcement Fire & Rescue Building 98-R-09 2 Amount $ 49,677 144,294 174,261 154,370 215,971 2,750 94,428 174,150 372,983 397.528 110,670 2,439,584 1,661,746 193,825 Civil Defense 14,604 Public Works 366,424 Library 5,025 Parks & Recreation 1,949,336 Debt Services & Transfers Out 363,847 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 meant 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 Year 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 98-R-09 3 revenue for the Stormwater ManagemenUMaintenance 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/Maimcnance 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. 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. All resolutions or parts of resolutions in conflict herewith be and the same are hereby repealed. Section 10. This resolution shall take effect upon adoption. After Motion by Councilman Gornto 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-09 4 0 PASSED AND DULY ADOPTED this IW day of September, 1998. ATTEST: 98-R-09 CITY COUNCIL OF THE CITY4OFEDEWATER,FLORIDA B. Allman Mayor APPROVED FOR FORM AND CORRECTNESS: C Nikki Clayton City Attorney