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O84-38ORDINANCE NO. 84-38 AN ORDINANCE OF THE CITY OF BOYNTON BEACH, FLORIDA, ADOPTING A FINAL BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1984, AND ENDING SEPTEMBER 30, 1985; 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 reve- nue of the City from all sources and the estimated expen- ditures for the various purposes for the ensuing fiscal year; and WHEREAS, the City Council of the City of Boynton Beach has complied with Florida Statutes 200.065; and WHEREAS, the accompanying ordinance stating the aggregate millage rate adopted by the City of Boynton Beach for the 1984-1985 fiscal year has been previously 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 previously 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, 1984, and ending September 30, 1985, 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 $14,824,471 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. Page 1 of 3 Section 3. That there is hereby appropriated the sum of $175,992 to the interest and sinking fund for general debt service for the purpose of paying the interest, principal and reserve due on the general obliga- tion beach 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 $5,858,209 to the Water and Sewer Utility Fund for operating expenses and necessary capital outlays. Section 5. That there is hereby appropriated the sum of $944,475 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 $1,806,000 for the depreciation of utilities, fixed'assets and amortization of its revenue bond discounts and prepaid insurance, for a total of $2,750,475 Section 6. sum of $56,450 That there is hereby appropriated the to the Publicity and Advertising Fund for the payment of operating expenses pursuant to the terms of the above budget. Section 7. That there is hereby appropriated the sum of $225,350 to the Sanitation Capital Replacement Fund for necessary capital outlays. Section 8. That there is hereby appropriated the sum of $549,212 to the General Revenue Sharing Fund for operating expenses and necessary capital outlays. Section 9. That there is hereby appropriated the sum of $936,609 to the Boynton Beach Recreational Facilities Fund (golf course) for operating expenses and necessary capital outlays. Section 10. That there is hereby appropriated the sum of $494,337 to the Boynton Beach Recreational Facilities Fund for the purpose of paying debt service due on the golf course recreational bonds, the sum of $12,814 for the amortization of its revenue bond discounts and prepaid insurance, for a total of $507,151 . Page 2 of 3 Section 11. That this Ordinance shall become effec- tive immediately upon its second reading and final passage. FIRST READING this 6th day of September, 1984. SECOND READING this 24th day of September, 1984. CITY OF BOYNTON BEACH, FLORIDA Mayor Vice ayor CoUncil Momber d i ty~ e~r~ (Corp. Seal) ~---Co'unci 1 (Me~Wr Page 3 of 3