HomeMy WebLinkAboutResolution No. 1988-40 MICROFILMED JUNE 89
RESOLUTION NO. 88-40
A RESOLUTION ADOPTING THE TENTATIVE ANNUAL
GENERAL FUND, SEWER FUND , SPECIAL REVENUE
FUNDS AND DEBT SERVICE BUDGETS FOR THE FISCAL
YEAR BEGINNING OCTOBER 1 , 1988 AND ENDING
SEPTEMBER 30 , 1989 ; PROVIDING AN EFFECTIVE
DATE.
BE IT RESOLVED by the City Council of the City of Cape
Canaveral, Florida, as follows:
li SECTION 1 . The tentative Annual General Fund, Sewer Fund,
Special Revenue Funds and Debt Service 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 , 1988
and ending September 30, 1989, are hereby approved and adopted.
SECTION 2 . This Resolution shall become effective
immediately upon its adoption.
ADOPTED BY the City Council of the City of Cape Canaveral,
Florida, this 6th day of September , 1988.
Mayor
(
, t':(ATTEST: NAME YES NO
HOOG X
tyClerk KIDD X
;;.,� LEE X
' Approved as to Form: MILLER X
10
RANDELS
X
y Atto ney
4
10
1
BUDGET SUMMARY
`
CITY OF CAPE
CANAVERAL. - FISCAL YEAR 1988-89
SPECIAL SE3m
DEBT
GENERAL
R9MM IIQTF.RPRISE
SERVICE
CASH BALANCES BROUGHT FORNARD
FUNDFUNO6
$ -0-
FUND
$ 0, 00
FUND
22,313
ESTIMATED REVENUES:
TAMS: Millages:
Ad Valorem Taxes .476
$
$ 136,312 $
S
Ad Valorem Taxes .347
99,374
65,982
Ad Valorem Taxes .229
182,090
Sales 6 Use Taxes
312,600
Franchise Taxes
416,500
Utility Taxes
License and Permits
87,000
Intergovernmental Revenue
516,500
432,650
865,000
Charges for Services
Fines and Forfeitures
50,150
2,300
150
Miscellaneous
129,250
13,350 323,200
Other Financing Sources
107,200
Total Revenues and
Other Financing Sources
$2L233,940
$ 251,336 $188,200
$ 66,132
Total
$$,233.940
S 261.336 $$1,188.200
$ 88.445
and Balances
EXPESIDITURFS/E%PENSFS 9
General Governmental Services
$ 275,660
$ $
$
Public Safety
842,110
425,549
7,400
142,912 618,295
Physical Environment
393,225
Transportation
Culture and Recreation
134,595
23,824
100,262
88,445
Debt Service
22,375
$ 82,200 $ 456,943
$
Other Financing Uses
S
Total bgxp nditures/bQMses
$2,093,514
$ 256,336 $1,175,500
$ 88,445
Reserves
19,426
5,000 12,700
Unreserved
121,000
Total iated
Stares
S 261.336 $1,108,200
$ 88.445
Expe:d and Res
$2,233.940
ATTACHMENT TO:
RESOLUTION NO. 88-40
PAGE 1 OF 2
SUMMARY OF PROPOSED BUDGET
OCTOBER 1, 1988 - SEPTEMBER 30, 1989
REVENUE
GENERAL FUND:
$ 182,090
LOCAL OPTION GAS TAX
312,600
FRANCHISE TAX
416,500
UTILITY TAXES
87,000
PERMITS AND LICENSES
50,000
STATE GRANT
- 466,500
STATE SHARED REVENUES
6,900
CHARGES FOR SERVICES
40,750
RECREATION FEES
385,000
GARBAGE REVENUE
FINES AND FORFEITURES
,50,150
129,250
MISCELLANEOUS
107,200
OTHER FINANCING SOURCES
2,3,940
23
TOTAL
SEWER FUND:
865,000
UTILITY OPERATING INCOME
250,000 -
SEWER IMPACT FEES
73,200
MISCELLANEOUS REVENUE
1,188,200
TOTAL
SPECIAL REVENUE FUNDSs
142,912
BEAUTIFICATION
100,074
LIBRARY
10,950
FIRE PROTECTION FUND
7,400
POLICE EDUCATION FUND
261,336
TOTAL
STORM DRAINAGE DEBT SERVICE
88,445
TOTAL REVENUES (ALL FUNDS)
$ 3,771,921
EXPENDITURES
GENERAL FUNDS
$ 33,830
LEGISLATIVE
183,775
ADMINISTRATION
3,775
PLANNING AND ZONING
565,330
PUBLIC SAFETY
151,685
FIRE
125,095
BUILDING
393,225
STREET
134,595
RECREATION
40,080
LEGAL
371,605
GARBAGE SERVICE
230 945
NON -DEPARTMENTAL
TOTAL
SEWER FUND:
595,315
OPERATING EXPENSES
22,980
'
CAPITAL OUTLAY (EQUIPMENT)
100,262
DEBT SERVICE
CAPITAL OUTLAY (INFRASTRUCTURE)
431,943
TRANSFER OUT
25,000
12 700
RESERVES
TOTAL
,188,200
SPECIAL REVENUE FUNDSs
142,912
BEAUTIFICATION
100,074
LIBRARY
10,950
FIRE PROTECTION FUND
- 0
POLICE EDUCATION FUND
251 aab
TOTAL
STORM DRAINAGE DEBT SERVICE
88,445
TOTAL EXPENDITURES (ALL FUNDS)
$ 3,771,921
ATTACHMENT TO:
RESOLUTION NO. 88-40
PAGE 2 OF 2