HomeMy WebLinkAboutOrdinance No. 05-2007ORDINANCE NO. 05 -2007
AN ORDINANCE OF THE CITY OF CAPE CANAVERAL, BREVARD COUNTY,
FLORIDA; ADOPTING THE ANNUAL GENERAL FUND, SEWER ENTERPRISE
FUND, STORMWATER ENTERPRISE FUND, SPECIAL REVENUE FUNDS,
AND EXPENDABLE TRUST FUNDS BUDGETS FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2007, AND ENDING SEPTEMBER 30, 2008;
PROVIDING FOR AN EFFECTIVE DATE.
BE IT RESOLVED by the City Council of the City of Cape Canaveral, Brevard County,
Florida, as follows:
SECTION 1. The Annual General Fund, Sewer Enterprise Fund, Stormwater Enterprise
Fund, Special Revenue Funds, and Expendable Trust Funds Budgets which are attached hereto
and by reference made a part hereof, of the City of Cape Canaveral, Florida for the fiscal year
beginning October 1, 2007, and ending September 30, 2008, are hereby approved and adopted.
SECTION 2. This Ordinance shall take effect immediately upon its adoption.
ADOPTED BY the City Council of the City of Cape Canaveral, Florida, this 25th day of
Septembe 2CgQT
Rocky Randels, MAYOR
ATTEST: I N
Name For Against
Susark, Us; City Jerk - Robert Hoog Secmd
; Leo Nicholas x
Buzz Petsos x
Rocky Randels x
Shannon Roberts Motion
Approv s t Form:
Anthony A. Garganese, City Attorney
First Reading: 9/5/2007
Second Reading: 9/25/2007
C: \Documents and Settings \stemple \Local Settings \Temporary Internet Fi1es\0LKIBE0\0RD#05-
2007 BUDGET ADOPTION.doc
NOTICE OF BUDGET HEARING
The City of Cape Canaveral has tentatively adopted a budget for FY
2007/2008. A Public Hearing to make a FINAL DECISION on the budget
AND TAXES will be held on September 25, 2007 at 5:30 p.m.
At
Cape Canaveral City Hall Annex
111 Polk Avenue
Cape Canaveral, Florida
BUDGET SUMMARY
CITY OF CAPE CANAVERAL - FISCAL YEAR 2007-08
m r-nvrU,-*cU UrtHATING BUDGET EXPENDITURES OF
CITY OF CAPE CANAVERAL ARE 0.227 PERCENT MORE
6 THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES
E
GENERAL
SPECIAL STORMWATER SEWER CAPITAL
CASH BALANCES BROUGHT FORWARD
FUND
$47,572
REVENUE ENTERPRISE ENTERPRISE EXPANSION TOTAL
ESTIMATED REVENUES:
$15,320 $60,865 $949,633 $250,680 $1,324,070
MILLAGE PER $1,000
BEAUTIFICATION 0.3337
5462,765
LIBRARY 0.0453562,820
$462,765
POLICE PROTECTION 1,4166
$1,964,485
$62,820
I FIRE RESCUE 0.9860
$1,367,345
$1,964,485
I SALES AND USE TAXES
$248,113
$1,367,345
FRANCHISE TAXES$816,300
$248,113
UTILITY TAXES
$674,796
$816,300
TELECOMMUNICATION TAX$674,796
$533,268
LICENSES A.ND PERMITS
$175,000
$533,268
$10.000 $300,000 $74,700
f INTERGOVERNMENTAL REVENUE
$982,432
$559,700
$403,000
CHARGES FOR SERVICES
$1,005,083
$1,385,432
$334,200 $2,630,345
FINES AND FORFEITURES
$19,700
$3,969,628
$27,700
tnISCELLANEOUS
OTHER FINANCING SOURCES
$47,400$300,070 $28,149 $14,735
-
$157,545 $43,550 $544,049
I
$125,000
$125,000
I TOTAL REVENUES AND
I OTHER FINANCING SOURCES
$8,211,592.
$591,434 $751,935 $3,087,890 $118,260 $12,761,101
E TOTAL REVENUES, TRANSFERS
f AND BALANCES
$8,259,164
$606,754 $812,800 $4,037,523 $368,930 $14,085,171
EXPENDI T URES/EXPENSES:
GENE RAL GOVERNMENTAL SERVICES
$1,263,034
p
§ PUBLIC SAFETY$285,000
$4,834,813
$1,548,034
$6,719
PHYSiCA.I_ ENVIRONMENT
t
$873,600
$4,841,532
$451,154 $670,244 $3,246,436 $5,241,434
TRANSPORTAT!ON
$706,302
t
y GL4TUREANDRECREATION
$358,207
$706,302
$66,500 -
! DEBT SERVICE$37,403
$434,707
$649,383
OTHER FINANCING SOURCES (USES)
-
$686,786
TOTAL EXPENDiTURESIEXPENSES
$8,073,359
$125,000 $125,000
$524,373 $670,244 $4,020,819 $285,000 $13,573,795
Reserves
$185,805
$82,381 $142,556 $16,704 $83,930 $511,376
{ TOTAL APPROPRIATED EXPENDITURES
AND RESERVES
$8,259,164
$606,754 $812,800 $4,037,523 $368,930 $14,085,171
THE TENTATIVE, ADOPTED, AND/OR FINAL BUDGETS
y
ARE ON FILE IN THE OFFICE OF THE ABOVE k-AENTIONED TAXING AUTHORITY
AS A PUBLIC RECORD.
253355
CITY OF CAPE CANAVERAL
2007-08 FISCAL YEAR BUDGET
BUDGET SUMMARY
ADJUSTED
2003-04
2004-05
2005-06
2005-06
2006-07
%
FUND
ACTUAL
ACTUAL
BUDGET
BUDGET
BUDGET
CHANGE
GENERAL FUND
T,504;590
7,481,824
' -10,205;881
11,238,142
' $,259,163
27%
SEWER ENTERPRISE FUND
3,911,375
3,933,219
4,661,218
4,851,325
4,037,523
-17%
STORMWATER ENTERPRISE FUND
571,254.
383,515
895,006
995,006
$12,$Q0
-180/6
LIBRARY FUND
38,551
51,404
73,620
86,620
66,500
-23%
BEAUT1FIC- TION FUND
346,763
391x597
61/:,, 93
745,493:
,' 4$7,335
-33%
FIRE TRUST FUND
30,804
47,007
10,000
10,000
10,500
5%
F LIC 18DUC- '�` ON FUND
1;74'2
10,000'
3 7th
4,170'-,-,,
1160
-350/0
CAPITAL EXPANSION FUND
197,162
398,887
211,630
211,630
368,930
74%
i-aW1�C�RCEMENT'TRUST FUI+14 ::.
31;634
_
21),754
28,754
241~;719
Q%
TOTALS
12,633,874
12,719,808
16,662,672
18,172,140
14,085,170
-22%
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
BUDGET SUMMARY
2003-04 2004-05 2005-06 2005-06 2006-07
• FUND ■ GENERAL FUND
❑ SEWER ENTERPRISE FUND ❑ STORMWATER ENTERPRISE FUND
■ LIBRARY FUND ■ BEAUTIFICATION FUND
■ FIRE TRUST FUND ❑ POLICE EDUCATION FUND
■ CAPITAL EXPANSION FUND ❑ LAW ENFORCEMENT TRUST FUND
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