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R-2014-28 CITY OF CLERMONT RESOLUTION NO.2014-28 A RESOLUTION OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, ADOPTING THE BUDGET FOR THE 2014- 2015 FISCAL YEAR. WHEREAS, the City of Clermont, Florida held public hearings as required by Florida Statute 200.065;and WHEREAS,it is hereby found and determined by the City Council of the City of Clermont, Lake County, Florida that the sums of money included in Exhibit A, attached hereto, totaling $104,445,759 or as much thereof as may be authorized by law are required for the operation of the government of said City for the Fiscal Year of October 1,2014 to September 30,2015. NOW,THEREFORE,BE IT RESOLVED,that the attached said budget for the City of Clermont for the 2014-2015 Fiscal Year and appropriations therefore are hereby adopted. DONE AND RESOLVED by the City Council of the City of Clermont, Lake County Florida,this 25th day of September,2014. ATTEST: / // �[ - - _ b Tracy Ackroyd,City C1,0 • ;1�,� . I/ -t a r .�( • EXHIBIT A BUDGET SUMMARY CITY OF CLERMONT, FLORIDA FISCAL YEAR 2014-2015 Miilage per$1000 General Spedal Debt Service Capital Enterprise Fidudary TOTAL CLASSIFICATION 3.7290 Fund Revenue Funds Projects Funds Funds Funds BUDGET ESTIMATED REVENUES Ad Valorem Taxes 6,718,958 - - - - 204,392 6,923,350 Other Taxes 4,436,600 2,600,000 - - - - 7,036,600 Licenses&Permits 2,422,560 1,674,532 - - 1,784,800 - 5,881,892 Intergovernmental Revenues 3,631,445 - - 307,804 - - 3,939,249 Charges for Services 1,136,995 74,053 - _ 13,668,400 - 14,879,448 Fines&Forfeitures 437,800 - - - - - 437,800 Miscellaneous Revenue 1,218,562 34,689 2,000 1,200 530,486 56,874 1,843,811 Interfund Transfers 1,709,700 1,203,628 1,245,253 5,478,819 975,699 - 10,613,099 ESTIMATED REVENUES 21,712,620 5,586,902 1,247,253 5,787,823 16,959,385 261,266 51,555,249 NON-REVENUES Beginning Reserves 8,363,371 6,526,215 744,521 - 35,559,662 1,696,741 52,890,510 NON-REVENUES 8,363,371 6,526,215 744,521 - 35,559,662 1,696,741 52,890,510 TOTAL REVENUES&RESERVES $ 30,075,991 $ 12,113,117 $ 1,991,774 $ 5,787,823 $ 52,519,047 $ 1,958,007 $104,445,759 EXPENDITURES&RESERVES General Government 3,344,303 70,000 1,226,620 - - - 4,640,923 Public Safety 14,109,988 1,515,835 - 4,306,653 - - 19,932,476 Public Works 3,300,980 1,306,000 - 1,081,170 - - 5,688,150 Economic Development 187,269 - - - - 489,396 676,665 Parks&Recreation 1,535,377 586,000 - 400,000 - - 2,521,377 Environmental Services - - - - 23,361,961 - 23,361,961 Interfund Transfers 436,692 6,287,380 - - 2,632,427 6,600 9,363,099 EXPENDITURES 22,914,609 9,765,215 1,226,620 5,787,823 25,994,388 495,996 66,184,651 Ending Reserves 7,161,382 2,347,902 765,154 - 26,524,659 1,462,011 38,261,108 RESERVES 7,161,382 2,347,902 765,154 - 26,524,659 1,462,011 38,261,108 TOTAL EXPENDITURES&RESERVES $ 30,075,991 $ 12,113,117 $ 1,991,774 $ 5,787,823 $ 52,519,047 $ 1,958,007 $104,445,759 •THE TENTATIVE,ADOPTED,AND/OR FINAL BUDGETS ARE ON FILE IN THE OFFICE OF THE ABOVE MENTIONED TAXING AUTHORITY AS A PUBUC RECORD.