R02-149RESOLUTION R02- I gq
(7.600 base rate)
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
BOYNTON BEACH, FLORIDA, ADOPTING A TENTATIVE
BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1,
2002, AND ENDING SEPTEMBER 30, 2003; PROVIDING FOR
SEVERABILITY, CONFLICTS, AND AN EFFECTIVE DATE.
WHEREAS, a tentative budget has been prepared by the City Manager estimating
expenditures and revenues of the City for the ensuing year, with detailed information,
including revenues to be derived from sources other than ad valorem levy, and he has made
recommendations as to the amount necessary to be appropriated for the ensuing year; and
WHEREAS, the City Commission has met and considered the recommendations, the
suggested budget, and the proposed millage necessary to be levied to carry on the
government of the city for the ensuing year;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA:
Section 1. Section 1. That the final budget of the City of Boynton Beach,
Florida, for the fiscal year beginning October 1, 2002, and ending September 30, 2003, 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. There is hereby appropriated the
sum of $48,813,915.00 ($44,928,956.00 in new revenue plus $3,884,959.00 allocated from
reserve fund balance) 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 2. That there is hereby appropriated the sum of $1,151,923.00 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 3. That there is hereby appropriated the sum of $24,576,400.00 to the
Capital Improvement Fund for the payment of capital outlays pursuant to the terms of the
above budget.
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Section 4. That there is hereby appropriated the sum of $6,289,234.00 to the
Solid Waste Fund for the payment of operating expenses and necessary capital outlays.
Section 5. That there is hereby appropriated the sum of $2,348,564.00 to the
Golf Course Revenue Fund for operating expenses and necessary capital outlays.
Section 6. That there is hereby appropriated the sum of $525,379.00 to the Golf
Course Fund for the purpose of paying Debt Service due on the Golf Course Recreational
Bonds, the sum of $12,752.00 for amortization of its Revenue Bond discounts, for a total
of $2,886,695.00 Dollars.
Section 7. That there is hereby appropriated the sum of $4,827,273.00 to the
Fleet Maintenance Fund for the payment of operating expenses and necessary capital
outlays.
Section 8. That there is hereby appropriated the sum of $1,512,000.00 to the
local Option Gas Tax Fund for the payment of operating expenses and necessary capital
outlays.
Section 9. That there is hereby appropriated the sum of $20,218,103.00 to the
Water and Sewer Utility Fund for operating expenses and necessary capital outlay.
Section 10. That there is hereby appropriated the sum of $3,796,505.00 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 $3,345,000.00 for renewal and replacement and
amortization of its Revenue Bond discounts, for a total of $27,359,608.00.
Section 11. That there is hereby appropriated the sum of $236,730.00 to the
Warehouse Fund for the payment of operating expenses and necessary capital outlays.
Section 12. That there is hereby appropriated the sum of $265,500.00 to
Cemetery Fund for the payment of operating expenses and necessary capital outlays.
Section 13. That there is hereby appropriated the sum of $4,144,300.00 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 14. That there is hereby appropriated the sum of $2,236,814.00 to the
Self-Insurance Fund for the payment of operating expenses.
Section 15. That there is hereby appropriated the sum of $236,400.00 to the Mass
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Transit Fund for the payment of operating expenses and necessary capital outlays.
Section 16. That there is hereby appropriated the sum of $945,1.36.00 to the
Recreation Program Revenue Fund for the payment of operating expenses and necessary
capital outlays.
Section 17. That there is hereby appropriated the sum of $725,035.00 to the
Community Improvements Fund for the payment of operating expenses and necessary
capital outlays.
Section 18. A copy of the tentative budget summary shall be published in one
issue of a newspaper published in Palm Beach County and at the same time the public will
be notified of a public hearing to be held on the 17th day of September, 2002, at 6:00 P.M.
for the purpose of hearing objections or criticisms of the final budget and millage. This
meeting is for the purpose of setting a final tax levy and final budget.
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 Resolution 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 Resolution.
Section 21. All Resolutions or parts of Resolutions in conflict herewith are
hereby repealed to the extent of such conflict.
Section 22. This Resolution shall become effective immediately upon passage.
PASSED AND ADOPTED this ~ day of September, 2002.
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CITY OF BOYNTON BEACH, FLORIDA
ATTEST:
..°mmlssi°ner
C.
Commissioner
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