R93-143RESOLUTION R93-/~Z,~
A RESOLUTION OF THE CITY COFAqISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA,
ADOPTING A TENTATIVE BUDGET FOR THE
FISCAL YEAR BEGINNING OCTOBER 1, 1993,
AND ENDING SEPTEMBER 30, 1994; AND
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 CAPITAL IMPROVEMENT FUND; PUBLICITY
FUND; UTILITIES FUND; VEHICLE SERVICE
FUND; SANITATION FUND, LOCAL OPTION GAS
TAX FUND; WAREHOUSE FUND; COMMUNITY
REDEVELOPMENT FUND,~m' SELF-INSUrANCE FUND;
AND GOLF COURSE FUND; PROVIDING FOR
SEVERAB!LITY, CONFLICTS, AND ANEFFECTIVE
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 he 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
1993, and ending September 30,
appropriations set out therein
carry on the government of the
fiscal year beginning October 1,
1994, is hereby adopted and the
are hereby made to maintain and
City of Boynton Beach, Florida.
There is hereby appropriated the sum of $29,029~611.00 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.
Secticn 2. That there is hereby appropriated the sum of
$956,976.00 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 is hereby appropriated the sum of
$15~600.00 to the Publicity Fund for the payment of operating
expenses pursuant to the terms of the above budget.
Section 4. That there is hereby appropriated the sum of
$4,455,863.00 to the Capital Improvement Fund for the payment of
capital outlays pursuant to the terms of the above budget.
Section 5. That there is hereby appropriated the sum of
$5,122,163.00 to the Sanitation Fund for the payment of operating
expenses and necessary capital outlays.
Section 6. That there is hereby appropriated the sum of
$1,553,558.00 to the Golf Course Revenue Fund for operating
expenses and necessary capital outlays.
Section 7. That there is hereby appropriated the sum of
$517,502.00 to the Boynton Beach Recreational Facilities Fund for
the purpose of paying Debt Service due on the Golf Course
Recreational Bonds, the sum of $16,260.00 for amortization of its
Revenue Bond discountsv for a total of $2,087~320.00 Dollars.
Section 8. That there is hereby appropriated the sum of
$2,682,057.00 to the Vehicle Service Fund for the payment of
operating expenses and necessary capital outlays.
Section 9. That there is hereby appropriated the sum of
$1,010,500.00 to the Local Option Gas Tax Fund for the payment of
operating expenses and necessary capital outlays.
Section 10. That there is hereby appropriated the sum of
$12~397,268.00 to the Water and Sewer Utility Fund for operating
expenses and necessary capital outlay.
Section 11. That there is hereby appropriated the sum of
$4,395,697.00 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 $3,760,101.00 for the depreciation of fixed assets
renewal and replacement and amortization of its Revenue Bond
discounts, for a total of $20,553,066.00
Section 12. That there is hereby appropriated the sum of
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$114,010.00 to the Warehouse Fund for
expenses and necessary capital
Section 13.
$363,277.00 to
Improvement Fund
the payment of operating
outlays.
That there is hereby appropriated the sum of
Community Redevelopment Agency/Community
for the payment of operating expenses and
necessary capital outlays.
Section 14. That there is hereby appropriated the sum of
$2,489,248.00 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 15.
$2,905,694.00 to
That there is hereby appropriated the sum of
the Self-Insurance Fund for the payment of
operating expenses.
Section 16. That there is hereby appropriated the sum of
$116,500.00 to the Mass Transit Fund for the payment of operating
expenses and necessary capital outlays.
Section 17. That there is hereby appropriated the sum of
$396,903.00 to the Recreation Program Revenue Fund for the
payment of operating expenses and necessary capital outlays.
Section 18. 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 21st day of September, 1993, 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 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
Resolution 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
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the validity of the remaining portions of this Resolution.
Section 21. Ail Resolutions or parts of Resolutions in
conflict
repealed to the extent of such
herewith
are
hereby
conflict.
Section 22.
This Resolution shall become effective
immediately upon passage.
PASSED AND ADOPTED this /~ day of September, 1993.
ATTEST:
CITY OF BOYNTON BEACH, FLORIDA
Mayor / ~
Vic~a~r
May~ Pr/~em~ /~
Commissio~
(Corporate Seal)
TentBud. Res
9/7/93
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