R05-138
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1 RESOLUTION R05-/3f
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3 A RESOLUTION OF THE CITY COMMISSION OF THE
4 CITY OF BOYNTON BEACH, FLORIDA, ADOPTING A
5 TENTATIVE BUDGET FOR THE FISCAL YEAR
6 BEGINNING OCTOBER 1, 2005, AND ENDING
7 SEPTEMBER 30, 2006; PROVIDING FOR
8 SEVERABILITY, CONFLICTS, AND AN EFFECTIVE
9 DATE.
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11 WHEREAS, a tentative budget has been prepared by the City Manager estimating
12 expenditures and revenues of the City for the ensuing year, with detailed information,
13 including revenues to be derived from sources other than ad valorem levy, and he has made
14 recommendations as to the amount necessary to be appropriated for the ensuing year; and
15 WHEREAS, the City Commission has met and considered the recommendations, the
16 suggested budget, and the proposed millage necessary to be levied to carry on the
17 government of the city for the ensuing year;
18 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF
19 THE CITY OF BOYNTON BEACH, FLORIDA:
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Section 1.
The foregoing "Whereas" clauses are hereby ratified and confirmed as
21 being true and correct and are hereby made a specific part of this Resolution upon adoption
22 hereof.
23 Section 2. That the final budget of the City of Boynton Beach, Florida, for the
24 fiscal year beginning October 1, 2005, and ending September 30, 2006, is hereby adopted
25 and the appropriations set out therein are hereby made to maintain and carry on the
26 government of the City of Boynton Beach, Florida. There is hereby appropriated the sum of
27 $62,422,843.00 ($61,033,804.00 in new revenue plus $1,389,039.00 allocated from reserve
28 fund balance) to the General Fund for the payment of operating expenses and necessary
29 capital outlays for the City Government pursuant to the terms of the above budget.
30 Section 3. That there is hereby appropriated the sum of $552,891.00 to the
31 interest and sinking fund for the general debt service for the purpose of paying the interest,
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principal and reserve due on the general obligation bonds of the City not subject to statutory
2 exemptions and for redeeming such bonds as they mature.
3 Section 4. That there is hereby appropriated the sum of $50,003,265.00 to the
4 Capital Improvement Fund for the payment of capital outlays pursuant to the terms of the
5 above budget.
6 Section 5. That there is hereby appropriated the sum of $7,422,499.00 to the
7 Solid Waste Fund for the payment of operating expenses and necessary capital outlays.
8 Section 6. That there is hereby appropriated the sum of $2,703,842.00 to the
9 Golf Course Revenue Fund for operating expenses and necessary capital outlays.
10 Section 7. That there is hereby appropriated the sum of $5,582,431.00 to the
11 Fleet Maintenance Fund for the payment of operating expenses and necessary capital
12 outlays.
13 Section8. That there is hereby appropriated the sum of $1,556,693.00 to the
14 Local Option Gas Tax Fund for the payment of operating expenses and necessary capital
15 outlays.
16 Section 9. That there is hereby appropriated the sum of $24,532,100.00 to the
17 Water and Sewer Utility Fund for operating expenses and necessary capital outlay.
18 Section 10. That there is hereby appropriated the sum of $4,048,703.00 to the
19 Water and Sewer Utility Fund for the purpose of paying debt service due on the Water and
20 Sewer Revenue Bonds, the sum of $1,800,000.00 for renewal and replacement and
21 amortization of its Revenue Bond discounts, for a total of$30,380,803.00.
22 Section 11. That there is hereby appropriated the sum of $283,1 79.00 to the
23 Warehouse Fund for the payment of operating expenses and necessary capital outlays.
24 Section 12. That there is hereby appropriated the sum of$316,000.00 to Cemetery
25 Fund for the payment of operating expenses and necessary capital outlays.
26 Section 13. That there is hereby appropriated the sum of $4,025,665.00 to the
27 interest and sinking fund for general debt service for the purpose of paying the interest,
28 principal and reserve due on the public service tax bonds of the City not subject to statutory
29 exemptions and for redeeming such bonds as they mature.
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Section 14. That there is hercby appropriated the sum of $2,214,993.00 to the
2 Self-Insurance Fund for the payment of operating expenses.
3 Section 15. That there is hereby appropriated the sum of $263,097.00 to the Mass
4 Transit Fund for the payment of operating expenses and necessary capital outlays.
5 Section 16. That there is hereby appropriated the sum of $691,725.00 to the
6 Recreation Program Revenue Fund for the payment of operating expenses and necessary
7 capital outlays.
8 Section 17. That there is hereby appropriated the sum of $633,627.00 to the
9 Community Improvements Fund for the payment of operating expenses and necessary
10 capital outlays.
11 Section 18. That there is hereby appropriated the sum of $4,359,872.00 to the Fire
12 Assessment Fund for the payment of operating expenses and necessary capital outlays.
13 A copy of the tentative budget summary shall be published in one issue of a newspaper
14 published in Palm Beach County and at the same time the public will be notified of a public
15 hearing to be held on the 20th day of September, 2005, at 6:30 P.M. for the purpose of
16 hearing objections or criticisms of the final budget and millage. This meeting is for the
17 purpose of setting a final tax levy and final budget.
18 Section 19. All delinquent taxes collected during the ensumg fiscal year as
19 proceeds from levies of operation millages of prior years are hereby specifically
20 appropriated for the use of the General Fund.
21 Section 20. If any clause, section or other part of this Resolution shall be held by
22 any court of competent jurisdiction to be unconstitutional or invalid, such unconstitutional
23 or invalid part shall be considered as eliminated and shall in no way affect the validity of the
24 remaining portions of this Resolution.
25 Section 21. All Resolutions or parts of Resolutions in conflict herewith are hereby
26 repealed to the extent of such conflict.
27 Section 22. This Resolution shall become effective immediately upon passage.
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PASSED AND ADOPTED this G..h) day of September, 2005.
CITY OF BOYNTON BEACH, FLORIDA
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(Corporate Seal)
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budget - Sept 2005 -.doc