O88-45ORDINANCE NO.88- ~45
AN ORDINANCE OF THE CITY COMMISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA,
ADOPTING A FINAL BUDGET FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 1988 , AND
ENDING SEPTEMBER 30, 1989; PROVIDING FOR
AN EFFECTIVE DATE; AND FOR OTHER
PURPOSES.
W/{EREAS, the City Charter of the City of Boynton Beach,
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
5he 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
WREREAS, the accompanying ordinance stating the
aggregate millage rate adopted by the City of Boynton Beach
for the 1988-1989 Fiscal Year has been previously adopted.
NOW T~EREFORE, BE IT ORDAINED BY T~E CIT~ COmmISSION OF
~E CITY OF BOYI~fON 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 the fiscal year of said
municipality beginning October 1, 1988, and ending September
30, 1989, 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 $24,412,424.00 , 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.
~ection 3: That there is hereby appropriated the
sum of $828,520.00 to
the interest and sinking fund for general debt service for
the purpose of paying the interest, principal and reserve
~ue on the general obligation bonds of the City not subject
to statutory exemptions and for redeeming such bonds as they
nature.
Section 4:
sum of $83.890.00
That there is hereby appropriated the
to the Publicity and
~dvertising Fund for the payment of operating expenses
oursuant to the terms of the above budget.
Section 5: That this Ordinance shall become
~ffective immediately upon its second reading and final
~assage.
FIRST READING this ;~ day of September,
1988.
SECOND, FINAL READING and PASSAGE this ~ day of
ATTEST:
Commissioner
~ner~~~
Commissioner