O96-41 ORDINANCE NO. z~96-,-~/
AN ORDINANCE OF THE CITY COMMISSION OF THE CITY
OF BOYNTON BEACH, FLORIDA, ADOPTING A FINAL
BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1,
1996 AND ENDING SEPTEMBER 30, 1997; AND SETTING
FORTH APPROPRIATIONS FOR THE OPERATION OF THE
GOVERNMENT; ESTIMATING RECEIPTS FROM TAXATION
AND OTHER REVENUE SOURCES FOR THE GENERAL
FUND; VOTED DEBT SERVICE FUNDS; CAPITAL
IMPROVEMENT FUND; PUBLICITY FUND; UTILITIES FUND;
VEHICLE SERVICE FUND; SANITATION FUND; LOCAL
OPTION GAS TAX FUND; WAREHOUSE FUND;
CRA/COMMUNITY IMPROVEMENT FUND; GOLF COURSE
FUND; PUBLIC SERVICE TAX BOND FUNDS; SELF-
INSURANCE FUND; MASS TRANSIT FUND; AND
RECREATION PROGRAM REVENUE FUND; PROVIDING
FOR SEVERABILITY, CONFLICTS, AND AN EFFECTIVE
DATE.
WHEREAS, pursuant to Florida Statute 166.241(3) the governing body of
each municipality shall make appropriations for each Fiscal Year which, in any one
year, shall not exceed the amount to be received from taxation or other revenue
sources; and
WHEREAS, a budget has been prepared by the City Manager estimating
revenues and setting forth appropriations of the City for Fiscal Year beginning
October 1, 1996, and ending September 30, 1997;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA, THAT:
Section 1. The Final Budget of the City of Boynton Beach, Florida, for the
fiscal year beginning October 1, 1996 and ending September 30, 1997, is hereby
adopted and the appropriations set out therein are hereby made to maintain and
carry on the government of the City of Boynton Beach, Florida.
Section 2. That there is hereby appropriated the sum of $35,565,332.00
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 $962,068.00 to
the interest and sinking fund for the 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 $23,200.00 to the
Publicity Fund for the payment of operating expenses pursuant to the terms of the
above budget.
Section 5. That there is hereby appropriated the sum of $4,713,731.00
to the Capital Improvement Fund for the payment of capital outlays pursuant to the
terms of the above budget.
Section 6. That there is hereby appropriated the sum of $5,275,959.00
to the Sanitation Fund for the payment of operating expenses and necessary capital
outlays.
Section 7. That there is hereby appropriated the sum of $1,543,636.00 to
the Golf Course Revenue Fund for operating expenses and necessary capital
outlays.
Section 8. That there is hereby appropriated the sum of $522,822.00 to
the Boynton Beach Recreational Facilities Fund for the purpose of paying Debt
Service due on the Golf Course Recreational Bonds, the sum of $28,819.00 for the
depreciation of fixed assets and amortization of its Revenue Bond discounts, for a
total of $2,095,277.00 Dollars.
Section 9. That there is hereby appropriated the sum of $3,638,504.00 to
the Vehicle Service Fund for the payment of operating expenses and necessary
capital outlays.
Section 10. That there is hereby appropriated the sum of $1,510,000.00 to
the Local Option Gas Tax Fund for the payment of operating expenses and
necessary capital outlays.
Section 11. That there is hereby appropriated the sum of $14,457,693.00
to the Water and Sewer Utility Fund for operating expenses and necessary capital
outlay.
Section 12. That there is hereby appropriated the sum of $4,394,697.00 to
the Water and Sewer Utility Fund for the purpose of paying debt service due on the
Water and Sewer Revenue Bonds, the sum of $5,362,225.00 for the depreciation
of fixed assets, renewal and replacement and amortization of its Revenue Bond
discounts, for a total of $24,214,615.00.
Section 13. That there is hereby appropriated the sum of $165,980.00 to
the Warehouse Fund for the payment of operating expenses and necessary capital
outlays.
Section 14. That there is hereby appropriated the sum of $688,469.00 to
the Community Redevelopment Agency/Community Improvement Fund for the
payment of operating expenses and necessary capital outlays.
Section 15. That there is hereby appropriated the sum of $2,538,667.00 to
the interest and sinking fund for general debt service for the purpose of paying the
interest, principal and reserve due on the public service tax bonds of the City not
subject to statutory exemptions and for redeeming such bonds as they mature.
Section 16. That there is hereby appropriated the sum of $2,018,364.00 to
the Self-Insurance Fund for the payment of operating expenses.
Section 17. That there is hereby appropriated the sum of $231,852.00 to
the Mass Transit Fund for the payment of operating expenses and necessary
capital outlays.
Section 18. That there is hereby appropriated the sum of $609,846.00 to
the Recreation Program Revenue Fund for the payment of operating expenses and
necessary capital outlays.
Section 19. All delinquent taxes collected during the ensuing fiscal year as
proceeds from levies of operation millages of prior years are hereby specifically
appropriated for the use of the General Fund.
Section 20. If any clause, section or other part of this Ordinance shall be
held by any court of competent jurisdiction to be unconstitutional or invalid, such
unconstitutional or invalid part shall be considered as eliminated and shall in no
way affect the validity of the remaining portions of this Ordinance.
Section 21. All Ordinances or parts of Ordinances in conflict herewith are
hereby repealed to the extent of such conflict.
Section 22. This Ordinance shall become effective immediately upon
passage.
FIRST READING this /?' day of September, 1996.
SECOND, FINAL READING AND PASSAGE this ~ day of October,
1996.
CITY OF BOYNTON BEACH, FLORIDA
Mayor
"~ice Mayor./
ATTEST:
Commissioner
Cop~ff~issioner
Cit~Clerk
(Corporate Seal)
Finalbud.ord
9/'10/96