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HomeMy WebLinkAboutResolution No. 1980-41 -MICROFILMED 1-18-E3 RESOLUTION NO. 80-41 A RESOLUTION ADOPTING ANNUAL RECREATION COMPLEX BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1980 AND ENDING SEPTEMBER 30 , 1981; PROVIDING AN EFFECTIVE DATE , BE IT RESOLVED by the City Council of the City of Cape Canaveral , Florida, as follows : SECTION 1 . The Annual Recreation Complex Budget which 0J is attached hereto and by reference made a part hereof, of i !. the City of Cape Canaveral, Florida, for the fiscal year .ti beginning October 1, 1980 and ending September 30, 1981 , is 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 16th day of October, 1980. ,'-'==-:., A r of , , ---, _ v „ .. „ ..„,`,, Mayo / // 6,%kk..r• s,,! :aNAME YES NO Approyeii,- .. ,to” Form: / X_ BOYD )�// CAL .Ilvlji$� , AIreAl• LEE VERT /� �'" /' torneY MURPHY X RUTHERFOFLX I I l e 0 , MICROFILMED 1-18-83 -- / _____ RECREATION COMPLEX BUDGET CAPE CANAVERAL, 1980-1981 INCOME AD VALOREM TAXES.;' 0, 975 TENNIS COURTS 12, 500 HANDBALL-RACQUETBALL 24, 000 SHUFFLEBOARD 950 TELEPHONE COMMISSIONS 100 VENDING MACHINE INCOME 400 TOURNAMENT INCOME 3 , 000 EQUIPMENT SALES 2 ,400 TENNIS CLASSES 4, 000 EQUIPMENT RENTALS 600 INCOME FROM PROGRAMS 2 ,100 INTEREST INCOME 2 , 500 SPECIAL EVENTS 600 TOTAL ESTIMATED INCOME 102 , 125 CASH BEGINNING OF YEAR 3 ,000 RESERVE FOR IMPROVEMENT 7 ,500 FUNDS INVESTED 32 , 500 TOTAL FUNDS AVAILABLE 145 , 125 / OPERATING EXPENSES SALARIES 35 , 000 MILEAGE & TOLLS 480 AUDIT ` 1 ,000 SUPPLIES & MISCELLANEOUS 1 , 800 TOURNAMENT EXPENSE 2 ,550 OASI 2 , 600 PROGRAM EXPENSE 1,470 GROUP INSURANCE 400 COMMUNICATIONS 1 , 100 UTILITIES 5 ,375 MAINTENANCE, EQUIPMENT & GROUNDS 4, 000 INTEREST EXPENSE 8 ,890 FURNITURE .& OFFICE EQUIPMENT 250 ATHLETIC EQUIPMENT 700 ATHLETIC EQUIP . FOR RESALE 1 ,920 TENNIS EXPENSES 3 , 200 SIGNS & SMALL EQUIPMENT 200 BUILDING REPAIRS 500 GENERAL INSURANCE 700 PUBLICITY & PROMOTION 200 DUES & SUBSCRIPTIONS 75 MISCELLANEOUS CAPITAL ITEMS 3 ,400 -- --CONTRIBUTION -TO REPLACEMENT- CONT-INCENCY - 2 , 000- GENERAL ,000-GENERAL CONTINGENCY FUND 26,462 SALES TAX EXPENSE 2 ,000 ADMINISTRATION COSTS 7 ,400 WORKMEN' S COMP . INSURANCE 800 UNEMPLOYMENT COMP . 100 SPECIAL EVENTS EXPENSE 50 JANITOR SERVICE 600 TOTAL OPERATING EXPENSES 115 ,222 GROSS OPERATING PROFIT 29 ,903 OTHER OBLIGATIONS REDUCTION IN LOAN PRINCIPAL 22 ,403 NET AFTER OBLIGATIONS 7 , 500 LESS RESERVE FOR IMPROVEMENT & REPLACEMENT (7 , 500) 0-