R98-150RESOLUTION R98-/_4'~
A RESOLUTION OF THE CITY COMMISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA, ADOPTING
A TENTATIVE BUDGET FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 1998, AND ENDING
SEPTEMBER 30, 1999; DETERMINING AND FIXING
THE AMOUNTS NECESSARY TO CARRY ON THE
GOVERNMENT OF THE CITY FOR THE ENSUING YEAR;
DETERMINING THE AMOUNT OF APPLICABLE FUNDS
ON HAND; ESTIMATING RECEIPTS FOR THE GENERAL
FUND; VOTED DEBT SERVICE FUNDS CAPITAL
IMPROVEMENT FUND; UTILITIES FUND; VEHICLE
SERVICE FUND; SANITATION FUND, LOCAL OPTION
GAS TAX F~; WAREHOUSE FUND; CRA/COMMUNITY
REDEVELOPMENT FUND; MASS TRANSIT FUND; SELF-
INSURANCE FUND; AND GOLF COURSE FUND;
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 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 RESOLVED BY THE CITY COMMISSION
OF THE CITY OF BOYNTON BEACH, FLORIDA:
Section 1. That the tentative budget of the City of
Boynton Beach, Florida, for the fiscal year beginning
October 1, 1998, and ending September 30, 1999, 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 $37,970,471.00 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 ms hereby appropriated the sum of
$1,050,552.00 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 ms hereby appropriated the sum of
$ 6.715.000.00 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
$6,151',634.00 to the Sanitation Fund for the payment of
operating expenses and necessary capital outlays.
Section 5. That there is hereby appropriated the sum of
$1,691,932.00 to the Golf Course Revenue Fund for
operating expenses and necessary capital outlays.
Section 6. That there'is hereby appropriated the sum of
$522,933.00 to the Boynton Beach Recreational Facilities
Fund for the purpose of paying Debt Service due on the
Golf Course Recreational Bonds, the sum of $12,752.00 for
amortization of its Revenue Bond discounts, for a total of
$2,227,617 00 Dollars.
Section 7. That there i's hereby appropriated the sum of
$6,436,167.00 to the Vehicle Service Fund for the payment
2
of operating expenses and necessary capital outlays.
Section 8. That there is hereby appropriated the sum of
$1,282,800.00 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
S16.374.544.00 to the Water and Sewer Utility Fund for
operating expenses and necessary capital outlay.
Section 10. That there is hereby appropriated the
sum of $2,623,655.00 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 $5,641,500.00 for the
depreciation of fixed assets, renewal and replacement and
amortization of its Revenue Bond discounts, for a total of
$24.639,699.00.
Section 11. That there is hereby appropriated the
sum of $195.527.00 to the Warehouse Fund for the payment
of operating expenses and necessary capital outlays.
Section 12. That there is hereby appropriated the
sum of $587,150.00 to Community Redevelopment
Agency/Community Improvement Fund for the payment of
operating expenses and necessary capital outlays.
Section 13. That there is hereby appropriated the
sum of $3,076,058.00 to the interest and sinking fund for
general debt service for the purpose of paying the
interest, przncipal 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 $2,235,421.00 to the Self-Insurance Fund for the
3
Section 16.
sum of $640,100.00
for the payment
capital outlays.
Section 17.
payment of operating expenses.
Section 15. That there is hereby appropriated the
sum of $251,508.00 to the Mass Transit Fund for the
payment of operating expenses and necessary capital
outlays.
That there is hereby appropriated the
to the Recreation Program Revenue Fund
of operating expenses and necessary
A copy of the tentative budget 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 15h day of
September~ 1998, at 6:30_P.M. for the purpose of hearing
objections or criticisms of the tentative budget and
millage. This meeting is for the purpose of setting a
final tax levy and final budget.
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 courE 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. All Resolutions or parts of Resolutions
in conflict herewith are hereby repealed to the extent of
such conflict.
Section 21.
immediately upon passage.
PASSED AND ADOPTED this
This Resolution shall become effective
J day of September, 1998
CITY OF BOYNTON BEACH, FLORIDA
~~_~~m~ ]/
Commi s s ioner