03-051Rate
ORDINANCE 03-
AN ORDINANCE OF THE CITY COMMISSION OF THE CITY
OF BOYNTON BEACH, FLORIDA, ADOPTING A FINAL
BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1,
2003, AND ENDING SEPTEMBER 30, 2004; DETERMINING
AND FIXING THE AMOUNTS NECESSARY TO CARRY ON
THE GOVERNMENT OF THE CITY FOR THE ENSUING YEAR;
PROVIDING FOR SEVERABILITY, 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, 2003, and ending September 30, 2004, 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
o£ $50,348,805.00 ($48,510,181.00 in new revenue plus $_1,838,624.00 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 o£ $1,193,244.00 to the
interest and sinking fund for the general debt service for the purpose o£ paying the interest,
principal and reserve due on the general obligation bonds o£ the City not subject to statutory
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exemptions and for redeeming such bonds as they mature.
Section 3. That there is hereby appropriated the sum of $48,445,800.00 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 $6,619,888.00 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 $2,586,279.00 to the
Golf Course Revenue Fund for operating expenses and necessary capital outlays.
Section 6. That there is hereby appropriated the sum of $2,963,610.00 to the
Fleet Maintenance Fund for the payment of operating expenses and necessary capital
outlays.
Section 7. That there is hereby appropriated the sum of $1,371,988.00 to the
Local Option Gas Tax Fund for the payment of operating expenses and necessary capital
outlays.
Section 8. That there is hereby appropriated the sum of $21,301,971.00 to the
Water and Sewer Utility Fund for operating expenses and necessary capital outlay.
Section 9. That there is hereby appropriated the sum of $3,800,733.00 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 $3,330,000.00 for renewal and replacement and
amortization of its Revenue Bond discounts, for a total of $28,432,704.00.
Section 10. That there is hereby appropriated the sum of $242,587.00 to the
Warehouse Fund for the payment of operating expenses and necessary capital outlays.
Section 11. That there is hereby appropriated the sum of $249,000.00 to
Cemetery Fund for the payment of operating expenses and necessary capital outlays.
Section 12. That there is hereby appropriated the sum of $4,371,600.00 to the
interest and s inking 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 13. That there is hereby appropriated the sum of $2,130,259.00 to the
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Self-Insurance Fund for the payment of operating expenses.
Section 14. That there is hereby appropriated the sum of $244,240.00 to the Mass
Transit Fund for the payment of operating expenses and necessary capital outlays.
Section 15. That there is hereby appropriated the sum of $1,078,128.00 to the
Recreation Program Revenue Fund for the payment of operating expenses and necessary
capital outlays.
Section 16. That there is hereby appropriated the sum of $663,868.00 to the
Community Improvements Fund for the payment of operating expenses and necessary
capital outlays.
Section 17. That there is hereby appropriated the sum of $7,673,675.00 to the
Assessment Fund for the payment of operating expenses and necessary capital outlays.
Section 18. 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 19. 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 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.
FIRST READING THIS ~ day of September, 2003.
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SECOND, FINAL READING AND PASSAGE, this t(o day of
September, 2003.
Commissioner
ATTEST:
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