O79-26AN APPROPRIATIONS ORDINANCE OF THE CITY OF BOYI~ON
BEACH, FLORIDA, ADOPTING A BUDGET FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 1979, AND ENDING
SEPTEMBER 30, 1980.
WHEREAS, the City Charter of the City of Boynton Beach,
~lorida, requires an appropriations ordinance be passed by the
~ity Council of said municipality each year, adopting a budget
showing revenue of the City from all sources and the estimated
expenditures to the various purposes for the ensuing fiscal year:
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
ITY OF BOYNTON BEACH, FLORIDA:
Section !: That the proposed budget for the ensuing
fiscal year previously prepared by the City Manager, rewiewed and
amended by City Council, and now on file in the City Hall of the
City of Boynton Beach, Florida, be and the same is hereby
finalized and adopted for the fiscal year of said municipality
beginning October 1, 1979, and ending September 30, 1980, pursuant
to and in compliance with the provisions of Section 28 and
~ection 84 of the City Charter of the City of Boynton Beach,
Florida, said budget b~ing made a part hereof by reference.
Section 2: That there is hereby appropriated the sum of
57,996,172 to the General Fund for the payment of operating
.=xpenses and necessary capital outlay for the City Government
)ursuant to the terms of the above budget.
Section 3: That there is hereby appropriated the sum of
~11,170 to the Interest and Sinking Fund for general debt service
_--or the purpose of paying the interest, principal and reserve due
on the general obligation bonds of the City not.sub.jeer, to
statutory exemptions and for redeeming such bonds as they mature.
Section 4: That there is hereby appropriated the sum of
~3,055,721 to the Water and Sewer Utility Fund for operating
xpenses and necessary capital outlay.
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Section 5: That there is hereby appropriated to the Water
and Sewer Utility Fund the sum of $977,432 for the purpose of
paying interest due on the Water and Sewer Revenue Bonds, the sum
of $550,000 for depreciation of the utilities fixed assets and
amortization of its Revenue Bond Discounts and prepaid insurance,
for a total of $1,527,432.
Section 6: That there is hereby appropriated the sum of
$36,680 to the Publicity and Advertising Fund for the payment of
operating expenses pursuant to the terms of the above budget.
Section 7: That this Ordinance shall become effective
from and after its passage in accordance with the Charter of the
City of Boynton Beach, Florida, in such cases made and provided.
First reading this 21st day of August, 1979.
Second reading this ~ day of September, 1979.
CITY OF BOYNTON BEACH, FLORIDA
By
Mayor
,or
Count ~l MemBer
Counc il Member
counci~ Me~r ~
ATTEST:
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