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02-049ORDINANCE 02-tgf~] AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, ADOPTING A FINAL BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2002, AND ENDING SEPTEMBER 30, 2003; DETERMINING AND FIXING THE AMOUNTS NECESSARY TO CARRY ON THE GOVERNMENT OF THE CITY FOR THE ENSUING YEAR; PROVIDING FOR SEVERAB1LITY, CONFLICTS, AND AN EFFECTIVE DATE. WHEREAS, a final 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 she 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 ORDAINED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA: 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 in new revenue plus $3,884,959.00 allocated from reserve fund balance) 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. 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 $20,398,103.00 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 $27,539,608.00. 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 imerest 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 Transit Fund for the payment of operating expenses and necessary capital outlays. Section 16. That there is hereby appropriated the sum of $945,136.00 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. That there is hereby appropriated the sum of $7,056,340.00 to the Fire Assessment 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 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. 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 22. All Ordinances or parts of Ordinances in conflict herewith are hereby repealed to the extent of such conflict. FIRST READING THIS ,~ day of September, 2002. SECOND, FINAL READING AND PASSAGE, this ! 7 day of September, 2002. CITY OF BOYNTON~BEACH, FLORIDA V~f Mayor ~_~...~..-C'6~n~ s s~"~-~oner ~ .~ommissioner Commissioner ATTEST: