O89-32ORDINANCE NO. 89-~
AN ORDINANCE OF THE CITY COMMISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA,
ADOPTING A FINAL BUDGET FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 1989, AND
ENDING SEPTEMBER 30, 1990; PROVIDING FOR
AN EFFECTIVE DATE; AND FOR OTHER
PURPOSES.
WHEREAS~ the City Charter of the City of Boynton Beack,
Florida and the Laws of Florida require an appropriation
ordinance be passed by the City Commission of said
municipality each year, adopting a budget showing revenue of
the City from all sources and the estimated expenditures for
the various purposes for the ensuing fiscal year; and
W~EREAS, the City Commission of the City of Boynton
Beach has complied with Florida Statutes 200.065; and
W~RREAS, the accompanying ordinance stating the
aggregate millage rate adopted by the City of Boynton Beach
for the 1989-1990 Fiscal Year has been previously adopted.
NOW T~RREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA:
Section 1: That the proposed budget for the ensuing
fiscal year previously prepared by the City Manager, reviewed
and amended by the City Commission, and now filed in the
City Hall, City of Boynton Beach, Florida, be and the same
is hereby finalized and adopted for th~;.~fi's~a~;y~r~o,f~said
municipality beginning October 1, 1989, and ending September
30, 1990, pursuant to and in compliance with the provisions
of the City Charter of the City of Boynton Beach, Florida
and the Laws of Florida, said budget being made a part
hereof by reference.
Section 2: That there is hereby appropriated the
sum of ~26,919,490.00 to the General Fund for the payment of
operating expenses and necessary capital outlays for the
City Government pursuant to the terms of the above budget.
Section 3: That there is hereby appropriated the
sum of $_11,045,701.00 to the interest and sinking fund for
general debt service for the purpose of paying the interest,
principal and reserve due on the general obligation bonds of
the City not subject to statutory exemptions and for
redeeming such bonds as they mature.
Section 4: That there is hereby appropriated the
sum of ~86,526.00 to the Publicity and Advertising Fund for
the payment of operating expenses pursuant to the terms of
the above budget.
Section 5: That this Ordinance shall become
effective immediately upon its second reading and final
passage.
FIRST READING this ~day of September,
1989.
SECOND, FINAL READING and PASSAGE this ~ ~day of
!
CiT ORIDA
Co~sioner ~ ~
Commissioner
ATTEST: