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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