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97-R-22RESOLUTION 97-R-22 A RESOLUTION ADOPTING A TENTATIVE BUDGET FOR THE CITY OF EDGEWATER, FLORIDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1997, AND ENDING SEPTEMBER 30, 1998; 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, 1997, and ending September 30, 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 tentative budget of the City of Edgewater, Florida, for the fiscal year beginning October 1, 1997 and ending September 30, 1998. Section 2. The following monies are anticipated to be collected from the sources of revenue for the General Fund during Fiscal Year 1997 - 1998: GENERAL FUND REVENUE 1997-199 Source of Revenue Amount Anticipated Ad valorem taxes $ 2,478,688 Other revenues 4,324,625 $ 6,803,313 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 1997 - 1998: 97-R-22 GENERAL FUND ESTIMATED EXPENDITURES �SSIILSS3 Department Amount City Council $ 61,310 City Manager 152,594 Finance 254,012 Legal Counsel 153,141 Community Development 513,847 Economic Development 29,850 Personnel Administration 93,172 City Clerk 169,439 Other Governmental Services 367,771 Maintenance 107,136 Engineer 160,012 Law Enforcement 2,367,879 Fire & Rescue 831,058 Civil Defense 11,104 Public Works 418,187 Library 8,025 Parks & Recreation 728,165 Debt Services & Transfers Out 376,611 $ 6,803,313 Section 4. A copy of more detailed explanation of the revenues and expenditures of the General Fund for Fiscal Year 1997-1998 is set forth on pages 5 through 38 of Exhibit A. 97-R-22 2 Section S. The amount of $6,160,350 is anticipated to be collected from the sources of revenue for the Water and Wastewater Fund during Fiscal Year 1997 - 1998. From those anticipated sources of revenue for the Water and Wastewater Fund $6,160,350 is the estimated amount of expenditures for Water and Wastewater Fund for Fiscal Year 1997 - 1998. A more detailed explanation of the revenues and expenditures of the Water and Wastewater Fund is set forth on pages 39 through 48 of the attached Exhibit A. Section 6. The amount of $1,408,651 is anticipated to be collected from sources of revenue for the Refuse Collection Fund during Fiscal Year 1997 - 1998. From those anticipated sources of revenue for the Refuse Collection Fund $1,408,651 is the estimated amount of expenditures for the Refuse Collection Fund for Fiscal Year 1997 - 1998. A more detailed explanation of the revenues and expenditures of the Refuse Collection Fund is set forth on pages 49 through 51 of the attached Exhibit A Section 7. The amount of $959,632 is anticipated to be collected from the sources of revenue for the Stormwater Management/Maintenance Fund during Fiscal Year 1997 - 1998. From those anticipated sources of revenue for the Stormwater Management/Maimenance Fund $959,632 is the estimated amount of expenditures for the Stormwater Management/Maintenance Fund for Fiscal Year 1997 - 1998. A more detailed explanation of the revenues and expenditures of the Stormwater Management/Maintenance Fund is set forth on pages 52 through 54 of the attached Exhibit A. Section 8. The amount of $143,290 is anticipated to be collected from the sources of revenue for the Internal Service/Self Insurance Fund during Fiscal Year 1997 - 1998. From those anticipated sources of revenue for the Internal Service/Self Insurance Fund $143,290 is the estimated amount of expenditures for the Internal Service/Self Insurance Fund for Fiscal Year 1997 - 1998. A more detailed explanation of the revenues and expenditures of the Internal Service/Self Insurance Fund is set forth on pages 55 through 57 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. 97-R-22 3 J After Motion by Councilman Hatfield and Second by Councilman Mitchum, the vote on this resolution was as follows: Mayor Jack H. Hayman, Sr. ABSENT Councilman Danny K. Hatfield AYE Vice Mayor Louise A. Martin AYE Councilman Mike Hays ABSENT Councilman David L. Mitchum AYE PASSED AND DULY ADOPTED this 3rd day of September, 1997. ATTEST: 97-R-22 CITY COUNCIL OF THE CITY OF EDGEWATER, FLORIDA B Louise A. Martin Vice Mayor APPROVED FOR FORM & CORRECTNESS: Krlsta A. Storey City Attorney