90-HHHHHHRESOLUTION NO.
A RESOLUTION OF THE CITY COMMISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA,
ADOPTING A FINAL BUDGET FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 1990 AND
ENDING SEPTEMBER 30, 1991; DETERMINING
AND FIXING THE A~OUNTS NECESSARY TO
CARRY ON THE GOVERNMENT OF THE CITY FOR
THE ENSUING YEAR; DETER~4INING THE A~MOUNT
OF APPLICABLE FUNDS ON HAND; ~STIFIATING
RECEIPTS FOR THE GENERAL FUND; VOTED
DEBT SERVICE FUNDS; CAPITAL I~IPROVEMENT
FUND; PUBLICITY FUND; UTILITIES FUND;
VEHICLE SERVICE FUND; SANITATION FUND;,
LOCA~I O~TION GAS TAX FUND,~ WAREHOUS~
FuN~; CRA/C0~ISgJ~ITY IMPROVEMENT FUND,
GOLF cOURsE.FuND; iAND PUBLIC SERVICE ~
BONDSFuNDs; PROVTD~NG F?R SEVERA~ILITY;
PROVIDING FOR CONFLICTS, AND PROVIDING
FOR AN EFFECTIVE DKTE.
WHEREAS, a Final Budget has been prepared estimating
and revenues of the City of Boynton Beach,
Florida, for the ensuing year, with detailed information,
including revenues to be derived from sources other than ad
valorem levy, and the administrative staff of the City 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 tentative 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, THAT:
Section 1. The Final Budget of the City of Boynton
Beach, Florida, for the fiscal year beginning October 1,
1990 and ending September 30, 1991, 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 $28,449,062.00 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 $1,050,339.00 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
Dbligation bonds of the City not subject to statutory
~Xemptions and for redeeming such bonds as they mature.
Section 4.
~um of $59,930.00
operating expenses
budget.
Section 5.
That there is hereby appropriated the
to the Publicity Fund for the payment of
pursuant to the terms of the above
That there is hereby appropriated the
~um of $5,095,817.00 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 $6,091,979.00 to the Sanitation Fund for the payment
of operating expenses and necessary capital outlays.
Section 7. That there is hereby appropriated the
sum of $1,415,349.00 to the Golf Course Revenue Fund for
operating expenses and necessary capital outlays.
Section 8. That there is hereby appropriated the
sum of $483,951.00 to the Boynton Beach Recreational
Facilities Fund for the purpose of paying Debt Service due
on the Golf Course Recreational Bonds, the sum of $26,583.00
for amortization of its Revenue Bond discounts, for a total
of $510,534.00 Dollars.
Section 9. That there is hereby appropriated the
sum of $1,551,839.00 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 $820,000.00 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 $10,270,862.00 to the Water and Sewer Utility Fund
for operating expenses and necessary capital outlay.
Section 12. That there is hereby appropriated the
sum of $5,472,830.00 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 $3,666,657.00 for the
~epreciation of fixed assets, renewal and replacement and
~mortization of its Revenue Bond discounts, for a total of
$9,139,487.00.
Section 13. That there ~s hereby appropriated the
~um of $109,854.00 to the Warehouse Fund for the payment of
operating expenses and necessary capital outlays.
Section 14. That there is hereby appropriated the
sum of $1,029,134.00 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
~um of $2,511~959.00 to the interes~ 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. 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 17. 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
remaining portions of this Resolution.
Section 18. All Resolutions or
· n conflict herewith are hereby repealed
such conflict.
Section 19. This Resolution shall
the validity of the
parts of Resolutions
to the extent of
become effective
immediately upon passage.
PASSED AND ADOPTED this /~ day of September, 1990.
DA
Co~issioner ~ ~
O~lSSloner
~mlssloner
,TTEST:
(Corporate Seal)
FINALBUD.RES
9/10/90