Res 03-86 RESOLUTION NO. 3-86
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DELRAY
BEACH, FLORIDA, AMENDING RESOLUTION NO. 98-85 WHICH MADE
APPROPRIATIONS OF SUMS OF MONEY FOR ALL NECESSARY EXPEN-
DITURES OF THE CITY OF DELRAY BEACH, FLORIDA, FOR THE
FISCAL YEAR 1985-86, BY MAKING NECESSARY TRANSFERS TO
THE PLANNING DEPARTMENT'S BUDGET.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
DELRAY BEACH, FLORIDA, AS FOLLOWS=
~ That Resolution No. 98-85 be, and the same is hereby
amended to read as follows~
That t~he following sums of money be, and hereby are appropriated
upon terms, conditions and provisions hereinabove and hereinafter set forth~
CITY OF DELRAY BEACH
OPERATING BUDGET FOR FISCAL YEAR 1985-86
FOR GOVERNMENTAL FUND TYPES
Federal Beach Community
General Revenue Restoration Development
Fund Sharing Fund Fund
Revenues
Ad Valorem Taxes $ 8,756,108
Franchise Taxes 2,079,500
Utility Taxes 2,858,053
Licenses and Permits 707,425
Intergovernmental ~ 3,223,643 $375,000 $575,000
Charges for Services 599?559
Fines and Forfeitures 213,650
Interest Earnings 365,000 $20,000
Recovery of Admin Costs 944,280
Miscellaneous ~5~999
Total Revenues $}9~~99 $375,000 $20,000 $575,000
Other Financing Sources
Contributions in Lieu
of Taxes $ 678,515
Transfers 375,000 $ 80,000
Prior Year Fund Balance 31.500
Tot'~l Financing
Sources $ }~95~75}5 $ 0 $ 0 $ 80,000
Total Revenues and
Financing Sources $~976~67~4 $375,000 $20,000 $655,000
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Federal Beach Community
General Revenue Re~oration Development
Fund Sharing Fund Fund
Expenditures
Current
General Government $ 2,005,995
Police 5,910,814
Fire and Emergency
Services 3,754,799
Development and
Inspection 951,293
Planning and Zoning
350.758
Public Works". 1,928,210
Parks and Recreation 3,004,324
Grants and
Contingencies 786,595 $20,000 $ 22,000
Debt Service 1,206,127
Capital Improvement 902,950
Community Development $633,000
Total Expenditures $~8T~4~786~ $ 0 $20,000 $655,000
$20.801,865
Other Financing Uses=
Operating Transfers
Out $ 78,359 $375,000
**Total Expenditures ~
and Financing .~ $~976~6~4 $375,000 $20,000 $655,000
$20,880,224
Estimated Unrestricted
Fund Balance (As of
October 1, 1985) $ 2,948,740
Proposed Reduction in
Unrestricted Fund
Balance $ 0
Estimated Unrestricted
Fund Balance (As of
September 30, 1986) $ 2,948,740
Proposed Millage for
1985-86
Operating 4.9781
Debt Service 0.5924
Total Millage 5.5705
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CITY OF DELRAY BEACH
OPERATING BUDGET FOR FISCAL 1985-86
FOR ENTERPRISE FUND TYPES
Water & Delray City
Sewer Golf Marina Cemetery Sanitation
Fund Course Fund Fund Fund
Operating Revenues:
Charges for Services $10,322,500 $235,834 $78,000 $47,500 $1,210,000
Total Operating
Revenues $10,322,500 $235,834 $78,000 $47,500 $1,210,000
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Water & Delray City
Se'let Golf Marina Cemetery Sanitation
Fund Course Fund Fund Fund
Operating Expenses:
Personal Services $2,150,684 $ 73,683
Other Operating Exp. $4,048,902 $ 52,180 $45,080 $ 49,976 $1,175,000
Depreciation $1,204,000
Total Operating Exp. $7,403,586 $ 52,180 $45,080 $123,659 $1,175,000
operating Income $2,918,914 $183,654 $32,920 ($76,159) $ 35,000
Nonoperating Revenues (Expenses)
Interest Revenue $ 655,000 $ 15,050 $ 5,000 $ 17,000
Miscellaneous Revenue $ 58,000
Interest Expense ($2,351,564) ($125,945)
Miscellaneous Expense ($9,100)
Total Nonoperating
Revenue & (Expense) ($1,705,664) ($110,895) $ 5,000 $ 0 $ 75,000
Income Before Operating
Transfers In (Out) $1,213,250 $ 72,759 $37,920 ($76,159) $ 110,000
Operating Transfers In (Out)
Operating Transfers In $78,359
Operating Trans. Out~ ($658,000) ($4,980) ($2,200) ($110,000)
Total Operating Trans
In (Out) ($658,000) $ 0 ($4,980) $76,159 ($110,000)
***Net Income $ 555,250 $ 72,759 $32,940 $ 0 $ 0
Cash Flow Analysis
Net Income $ 555,250 $ 72,759 $32,940 $ 0 $ 0
Plus Depreciation 1,204,000 0 0 0 0
Minus - Acquisition
of Capital. Items 768,405 0 0 0 0
Bond Retirement 594,000 $ 41,250 0 0 0
$1,362,405 $ 41,250 $ 0 $ 0 $ 0
Net Cash Flow Plus
(Minus) $ 396,845 $ 31,509 $32,940 $ 0 $ 0
- 4 - Res. No. 3-86
~ That all monies hereinbefore appropriated are appropri-
ated upon the terms, conditions, and provisions hereinbefore and hereinafter
set forth.
~ That subject to the qualifications contained in this
resolution all appropriations made out of the General Fund are declared to be
maximum, conditional, and proportionate appropriations, the purpose being to
make the appropriations payable in £ull in the amounts herein named if
necessary and then only in the event the aggregate revenues collected and
other resources available during the period commencing the 1st day of
October, 1985, and terminating the 30th day of September, 1986, for which the
appropriations are made, are sufficient to pay all the appropriations in
fu11~ otherwise the said appropriations shall be deemed to be payable in such
proportion as the total sum of realized revenue of the General Fund is to the
total amount of revenues estimated by the City Council to be available in the
period commencing the 1st day of October, 1985, and terminating the 30th day
of September, 1986.
Section 4. That all balances of the appropriations payable out of
the General Fund of the City Treasury unencumbered at the close of business
on the 30th day of September, 1985, except as otherwise provided for, are
hereby declared to be lapsed into the City Treasury and may be used for the
payment of the appropriations which may be made in any appropriation for the
fiscal year commencing the 1st day of October, 1985, provided, however,
nothing in this Section shall be construed to be applicable to unencumbered
balances remaining to the credit of the Water and Sewer Fund, Sanitation Fund
or any funds created by the setting up of special revenue, but such balances
shall be used in financing the proposed expenditures of these funds for the
fiscal year commencing the 1st day of October, 1985.
Section 5. That no division, department, bureau, agency or indi-
vidual receiving appropriations under the provision of this resolution shall
exceed the amount of its or his appropriation, except with the consent and
approval of the City-'Council first obtained~ and if such division, depart-
ment, bureau, agency, or individual shall exceed the amount of its or his
appropriation without such consent and approval of the City Council, the
administrative officer or individual, in the discretion of the City Council,
may be deemed guilty of neglect of official duty and may be subject to
removal therefor.
Section 6. That nothing in this resolution shall be construed as
authorizing any reduction to be made in the amounts appropriated in this
resolution for the payment of interest on, or retirement of, the debt of the
City of Del=ay Beach, Florida.
Section ?, That none of the monies enumerated in this resolution
in connection with the General Fund, Water and.Sewer Fund, Sanitation Fund or
any other Fund of the City shall be expended for any purposes than those for
which they are appropriated, and it shall be the duty of the Director of
Finance to report known violations of this section to the City Manager.
~ That all monies collected by any department, bureau,
agency 'or individual of the City Government shall be paid promptly into the
City Treasury.
~ That the foregoing budget be and hereby is adopted as
the official budget of the City of Del=ay Beach for the aforesaid period.
Provided, however that the restrictions with respect to the expenditures/
expenses of the funds appropriated shall apply only to the lump sum amounts
for classes of expenditures/expenses which have been included in this resolu-
tion.
Section 10. That public hearings were held on the tentative tax
levy and the Budget on September 10 and September 24, 1985.
- 5 - Res. No. 3-86
~ That this resolution shall become effective immediate~
ly upon passage.
PASSED AND ADOPTED in regular session on this the 28th day o
January, 1986.
ATTEST:
J City Clerk
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