O86-34ORDINANCE NO. 86-34
AN ORDINANCE OF THE CITY OF BOYNTON BEACH, FLORIDA, ADOPTING
A FINAL BUDGET FOR THE FISCAL YEAR B~GINNING OCTOBER 1, 1986,
AND ENDING SEPT~94BER 30, 1987; PROVIDING FOR AN EFFECTIVE DATE
AND FOR OTHER PURPOSES.
WHEREAS, the City Charter of the City of Boynton Beach, Florida and the
Laws of Florida require an appropriation ordinance be passed by the City Council
of said municipality each year, adopting a budget showing revenue of the City
from all sources and the estimated expenditures for the various purposes for the
ensuing fiscal year; and
~REAS, the City Council of the City of Boynton Beach has complied
with Florida Statutes 200.065; and
W~IEREAS, the accc~panying ordinance stating the aggregate millage rate
adopted by the City of Boynton Beach for the 1986-1987 Fiscal Year has been pre-
vio~ly adopted.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
BOYNTON BEACH, FLORIDA:
Section 1. That the proposed budget for the ensuing fiscal year pre-
viously prepared by the City Manager, reviewed and amended by the City Council,
and now filed in the City Hall, City of Boynton Beach, Florida, be and the same
is hereby finalized and adopted for the fiscal year of said municipality
beginning October 1, 1986, and ending September 30, 1987, pursuant to and in
compliance with the provisions of the City Charter of the City of Boynton Beach,
Florida and the Laws of Florida, said budget being made a part hereof by
reference.
Section 2. That there is hereby appropriated the sum of $18,745,337.00
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 $836,808.00 t
the interest and sinking fund for 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.
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Section 4. That there is hereby appropriated the sum of $70,850.00 to
the Publicity and Advertising Fund for the payment of operating expenses pur-
suant to the terms of the above budget.
Section 5. That this Ordinance shall becc~ effective immediately
upon its second reading and final passage.
FIRST READING this 8th day of September, 1986.
SECOND AND FINAL READING this ~'th day of September, 1986.
ATTEST:
City Ci~~
(Corp. Seal )
CITY OF BOYNTON BEACH, FLORIDA
Vice May~
Coun~l Member f
Council Mef~be~/
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