88-LLLRESOLUTION NO. 88~.LLL
A RESOLUTION OF THE CITY COMMISSION OF
THE CITY OF BOYNTON BEACH, FLORIDA,
ADOPTING FINAL BUDGETS FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 1988 AND
ENDING SEPTEMBER 30, 1989; PROVIDING FOR
AN EFFECTIVE DATE; AND FOR OTHER
PURPOSES.
WHEREAS, the City Commission of the City of Boynton
Beach, Florida has complied with Florida Statutes Section
200.065.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION
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 eoune~-i 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, 1988, and ending
September 30, 1989, 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 hereo~ by reference.
Section 2: That there is hereby appropriated the
sum of__FOUR MILLION EIGHT HUNDRED FiVE~,THOUSAND~NiNE
HUNDRED
~ORT_Y-SIX AND NO/100 {$4_805 94~.00) DOLLARS to the
Sanitation Fund for the payment of operating expenses and
necessary capital outlays.
Section 3: That there is hereby appropriated the
sum of ONE MILLION TWO HUNDRE~ NINETY THOUSAND ONE HUNDRED
FIFTY-FOUR AND NO/100 ($1 290 154.00)
DOLLARS to the Boynton
Beach Recreational Facilities Fund (Golf Course) for
operating expenses and necessary capital outlays.
Section_4: That there is hereby appropriated the
sum of FOUR HUNDRED EIGHTY-FOUR
TWENTY-SiX ($484,126.00) DOLLARS
Recreational Facilities Fund for the
THOUSAND___ONE HUNDRED
to the Boynton Beach
purpose of paying Debt
Service due on the Golf Course Recreational Bonds, the sum
of ~WENTY SEVEN THOUSAND_FIFTEEN AND NO/100 ($27,015.00)
DOLLARS for the amortization of its Revenue Bond discounts,
for a total of FIVE .HUNDRED ELEVEN THOUSAND ONE HUNDRED
FORTY-ONE ($511,141.00) DOLLARS.
Section 5: That there is hereby appropriated the
sum of ONE MILLION EIGHT HUNDRED FIFTY NINE THOUSAND
EIGH. Ty FIVE AND NO/100 (~1,859,085.00) DOLLARS
Vehicle Service Fund for the payment of operating
and necessary capital outlays.
Section 6:
That
sum of
to the
expenses
there is hereby appropriated the
SEVEN HUNDRED TWELVE THOUSAND THREE HUNDRED FOUR AND
NO/100 ($712,304.00_~)
Fund for the payment of
capital outlays.
DOLLARS to the Local
operating expenses
Option Gas Tax
and necessary
Section 7: That there is hereby appropriated the
sum of NINE MILLION SIXty THOUSAND FOUR HUNDRED THREE AND
NO/100 ($9,060,~Q3.00) DOLLARS ~
to the Water and Sewer Utility Fun~ for operating expenses
and necessary capital outlay.
Section 8: That there is hereby appropriated the
sum of TWO MILLION
. SEVENTY-SIX THOUSAND SEVEN HUNDRE~
SEVENTY AND NO~/100 (~2,076,770.00) DOLLARS 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 TWO
MILLION TWENTY-SIX THOUSAND SIX HUNDRED ONE AND NO/100
!$2,026,601.00) DOLLARS for the depreciation of Utilities,
fixed assets and amortization of its Revenue Bond discounts,
for a total of FOUR MILLION ONE HUNDRED THREE THOUSAND THREE
HUNDRED SEVENTY-ONE AND NO/100
-- ($4,103,371.00) DOLLARS.
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Section 9: That there is hereby appropriated the
sum of ONE HUNDRED FORTY-TWO T__THOUSAND NINE HUNDRED
SIXTY-FIVE AND NO/100 ($142,965.00) DOLLARS to the Warehouse
Fund for the payment of operating expenses and necessary
capital outlays.
Section 10: That this Resolution shall take effect
immediately upon its passage.
1988. -7-v '
ATTEST:
C~TY OF BOSTON BEACH, FLORIDA
CommiSsioner
~mmissioner
Commissioner
(C0rporate Seal)
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