Loading...
Res 98-85 RESOLUTION NO. 98-85 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DELRAY BEACH,' FLORIDA, AMENDING RESOLUTION NO. 83-85 WHICH MADE APPROPRIATIONS OF SUMS OF MONEY FOR ALL NECESSARY EX- PENDITURES OF THE CITY OF DELRAY BEACH, FLORIDA, FOR THE FISCAL YEAR 1985-86, BY ADDING A NEW COLUMN ENTITLED "COMMUNITY DEVELOPMENT FUND" SETTING FORTH THE ANTI- CIPATED REVENUES AND EXPENDITURES FOR THAT FUND FOR THE FISCAL YEAR 1985-86; TO REPEAL ALL RESOLUTIONS AND ORDINANCES INCONSISTENT HEREWITH. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: Section 1. That Resolution No. 83-85 be, and the same is hereby amended to read as follows: That the 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 2,85~,053 Licenses and Permits 707,425 Intergovernmental 3,223,643 $375,000 $575,000 Charges for Services 599,550 Fines and Forfeitures 213,650 Interest Earnings 365,000 $20,000 Recovery of Admin Costs 944,280 Miscellaneous 25,000 Total Revenues $19,772,709 $375,000 $20,000 $575,000 Other Financing Sources Contributions in Lieu of Taxes $ 678,515 Transfers 375,000 $ 80,000 Total Financing Sources $ 1,053,515 $ 0 $ 0 $ 80,000 Total Revenues and Financing Sources $20,826,224 $375,000 $20,000 $655~000 Federal Beach Community General Revenue Restoration 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 296,758 Public Works 1,928,210 Parks & 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 $20,747,865 $ 0 $20,000 $655,000 Other Financing Uses: Operating Transfers Out ? 78,359 $375,000 **Total Expenditures and Financing $20,826,224 $375,000 $20,000 $655,000 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 -2- Res. No. 98-85 CITY OF DELRAY BEACH OPERATING BUDGET FOR FISCAL 1985-1986 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 - 3 - Res. No. 98-85 Water · Delray City Sewer Golf Marina Cemetez-y Sanitation Fund Course Fund Fund Fund Opet'attng Expenses: Personal Servtc. ea $2,150,684 $73,883 Other Operating Expenses $4,048,902 $ 52,180 $45,080 S49,976 $1,175,000 Depreciation $1,204,0oo Total Operating Expenses $7.403,586 $ 52,180 $45,080 $123.659 $1,175,000 Ope~*sting Income $2,918,914 $183,654 $32,92o ($76,159) $ 35,000 lqonopeFeting Revenues (Expenses) Interest Revenue $ 655,000 $ 15,050 $ 5,000 $ l?.000 ~eous Revenue $ 58.000 Interest Expense ($2,351,564) ($125,945) Mlecellaneou, Expense (9.100) Total Nonoperattng Revenue and (Expense) ($1,?05,664) ($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 S78,359 Operating Transfers Out ($658,000) ($4,980) ($2,200) ($110,000) Total Operating Trans In (Out) ($658,000) $ 0 ($4,980) $76,159 ($110,000) eeeNet Income $ 555,250 $ 72,759 $~,940 $ 0 $ 0 Cub Flow Anslyeis Net Income $ 555.250 $ 72,759 $32.940 $ 0 $ 0 Plul Depreciation 1,204,000 0 0 0 0 Mlnua Acquisition of Capital Items 768,405 0 0 0 0 Bond Rettl'ement 594,000 $ 41,250 0 0 0 $1,362.405 $ 41,250 $ 0 S O $ O Net Cub Flow Plus (Minus) $ 396,845 S 31.500 $32.o4o $ o $ 0 Section 2. That Ill monies hereinbefore approp~ted a~e approprhted upon the te~,~e, 'con'ditions, and provisions hereinbefore end hereinafter set forth. Section 3. That subject to the qualifications cent&tried in this Fseolutton &il appt*opz, htlona made out of the General Fund are declared to be maximum, conditional, and proportionate appropriations, the purpose being to make the appropriations payable - 4 - RES. 1qO.98-95 in full in the amounts herein named if necessary and then only in the event the aggre- gate ~evenuee collected and other resources ,v~,llable during :h~ period commencing the let day of October. 1995. and terminating th, 30th day of September. 1986. for which the appropriations are made. are sufficient to pay all the appropriations in full; other- wise the said appropriations shall be deemed tv~ be payable in such proportion as the totM sum of realized ~revenue of the General Fund is to the total amount of revenues estimated by the City Count! to be available in the period commencing the let day of O~tober, 1985. and ter, ainating the 30th day of September. 1086. SeXton 4. That all balances of the appropriations payable out of the General Fund of t~reasu~y unencumbered at the close of buMnese on the 30th day of Smptminl)or, X99S, except sm othervrlN provided faf, m hereby cim~lared to be lapsed into the City Treasury and may be used for the payment of the appropriations which may be made tn any appropriation for the fiscal year commencing the lot day of October, 1985, provided, however, nothing in this Seotton shall be eonrtrved 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 or special revenue, but sueh balances 'shall be used in financing the proposed expenditures of these funds the fiscal year commencing the tat day of October, 108S. Section 5. That no division, department, bureau, swanky or individual receiv- ing appropriations under the provision of this resolution shall exceed the amount of its or hie appropriation, except with the consent and appro-.-al of the City Council tint obtained; and if such division, department, bureau, agency, or individual shill the amount of its or his appropriation without such cons~t and approv&! of the City Council, the administrative officer or individual, in the discretion of the City Council, may be deemed guilty of newleot of official duty any ~ay be subject to removal therefor. Section 6. That nothing in this resolution shall ~e 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 De~:sy Beach, Florida. Section ?. That none of the monies enumerate~ ~n this resolution in con- ne~tion with the General Fund, Water and Sewer Fund, $~.~.itation Fund or any other Fund of the City shall be expended for any purposes tha.~ those for which they are appropriated, and it shall be the duty of the Director ~ Finance to report known violations of this section to the City Manager. Section 8. That ail monies collected by an.v dep~:tment, bureau, agency or individual of the City Government shall be paid promptly in~o the City Treasury. Section 9. That the fore~oing budget be and hereby is adopted as the official budget o! the City of Delray Beach for the a~oresaid period. Provided, however, that the restrictions with respect to the expenditures/expenses of the funds appropriated shall apply only to the lump sum amounts for classes of expendi- tures/expenses which have been included in this resolution. Section 10, That public he&zings were held on the tentative tax lev7 and the Budget on September l0 end September 24, x98s. passage. PASSED A~D ADOPTED ~n spec±al seas±on on ~$ the 23rd day o~ Dece~, MA ¥ 0 R ATTEST: - 5 - RESO. NO. 98-85