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94-R-19a.. RESOLUTION 94 -R -19 .or A RESOLUTION ADOPTING A FINAL BUDGET FOR THE CITY OF EDGEWATER, FLORIDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1994, AND ENDING SEPTEMBER 30, 1995; SETTING FORTH REVENUES AND EXPENDITURES FOR THE GENERAL FUND, THE WATER AND WASTEWATER FUND, THE REFUSE COLLECTION FUND, THE STORMWATER 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, 1994, and ending September 30, 1995, 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 7, 1994, and the advertisement for the required public hearing was published on September 21, 1994. 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, 1994 and ending September 30, 1995. Section 2. The following monies are anticipated to be collected from the sources of revenue for the General Fund during Fiscal Year 1994 - 1995: GENERAL FUND REVENUE 1994 -1995 Source of Revenue Amount Anticipated Current ad valorem taxes $ 2,027,814 Other revenues 3,803,564 $ 5,831,378 Section 3. From the anticipated sources of revenue for the General Fund set forth above, the following are the estimated 94 -R -19 1 `wrr W #A W General Fund expenditures for Fiscal Year 1994 - 1995: GENERAL FUND ESTIMATED EXPENDITURES 1994 -1995 Department Amount City Council $ City Manager 65,593 Finance 138,306 Legal Counsel 217,004 Community Development 134,916 292,697 Economic Development 14,000 Personnel Administration 51,486 City Clerk Other Governmental Services 161,792 Maintenance 257040 , Engineer 91,262 Law Enforcement 141,452 Fire & Rescue 2,172,187 Building 719,613 Civil Defense 194,996 Public Works 7,000 Library 517,960 Parks & Recreation ,375 6 1313 ,699 Debt Services & Transfers Out 0 $ 5,831,378 Section 4. A copy of more detailed explanation of the revenues and expenditures of the General Fund for Fiscal Year 1994- 1995 is set forth on pages 13 through 39 of Exhibit A. Section 5. The amount of $5,938,855 is anticipated to be collected from the sources of revenue for the Water and Wastewater Fund during Fiscal Year 1994 - 1995. From those anticipated sources of revenue for the Water and Wastewater Fund $5,938,855 is the estimated amount of expenditures for Water and Wastewater Fund for Fiscal Year 1994 - 1995. A more detailed explanation of the revenues and expenditures of the Water and Wastewater Fund is set forth on pages 40 through 50 of the attached Exhibit A. Section 6. The amount of $1,196,297 is anticipated to be collected from sources of revenue for the Refuse Collection Fund during Fiscal Year 1994 - 1995. From those anticipated sources of revenue for the Refuse Collection Fund $1,196,297 is the estimated amount of expenditures for the Refuse Collection Fund for Fiscal Year 1994 - 1995. A more detailed explanation of the revenues and expenditures of the Refuse Collection Fund is set forth on pages 51 through 53 of the attached Exhibit A. 94 -R -19 2 ♦W low, Section 7. The amount of $530,037 is anticipated to be collected from the sources of revenue for the Stormwater Management /Maintenance Fund during Fiscal Year 1994 - 1995. From those anticipated sources of revenue for the Stormwater Management /Maintenance Fund $530,037 is the estimated amount of expenditures for the Stormwater Management /Maintenance Fund for Fiscal Year 1994 - 1995. A more detailed explanation of the revenues and expenditures of the Stormwater Management /Maintenance Fund is set forth on pages 54 through 56 of the attached Exhibit A. Section 8. The amount of $114,600 is anticipated to be collected from the sources of revenue for the Internal Service /Self Insurance Fund during Fiscal Year 1994 - 1995. From those anticipated sources of revenue for the Internal Service /Self Insurance Fund $114,600 is the estimated amount of expenditures for the Internal Service /Self Insurance Fund for Fiscal Year 1994 - 1995. A more detailed explanation of the revenues and expenditures of the Internal Service /Self Insurance Fund is set forth on pages 57 through 59 of the attached Exhibit A. Section 9. The City Manager is hereby directed and authorized to appropriate and spend the anticipated reveues as set forth in Section 3, 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 no later than the next regularly scheduled Council meeting of any transfer from contingency. Section 10. All resolutions or parts of resolutions is conflict herewith be and the same are hereby repealed. Section 11. This resolution shall take effect upon adoption. After Motion by Councilman Jones and Second by Councilwoman Martin, the vote on this resolution was as follows: 94 -R -19 3 Mayor Jack H. Hayman, Sr. AYE Councilman Kirk Jones AYE Councilwoman Louise A. Martin AYE Councilman Mike Hays AYE Councilman David L. Mitchum AYE PASSED AND DULY ADOPTED this 26th day of September, 1994. CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA By: liar Jack H. Hat", Sr. Mayor U APPROVED FOR FORM & CORRECTNESS: rista A. St y City Attorney 94-R-19 4