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R-2015-31 CITY OF CLERMONT RESOLUTION NO. 2015-31 A RESOLUTION OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, ADOPTING THE TENTATIVE BUDGET FOR THE 2015-2016 FISCAL YEAR. WHEREAS, the City of Clermont, Florida held a public hearing as required by Flonda Statute 200.065; and WHEREAS, it is hereby found and determined by the City Council of the City of Clermont, Lake County, Flonda that the sums of money included in Exhibit A, attached hereto, totaling $114,327,402 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, 2015 to September 30, 2016. NOW, THEREFORE, BE IT RESOLVED, that the attached said tentative budget for the City of Clermont for the 2015-2016 Fiscal Year and appropriations therefore are hereby adopted. - __ DONE AND RESOLVED by the City Council of the City of Clermont, Lake ' ,County Florida, this 10th day of September, 2015. deehatilGail L. Ash, Ma or ATTEST: I / Tracy Ackroy"City Clerk Approved as to form and legality: Dame . zans, ' • . -y BUDGET SUMMARY ' CITY OF CLERMONT,FLORIDA CLER�"ONi FISCAL YEAR 2015-2016 la «ofc��� EXHIBIT A Capital MIllage per$1000 General Special Debt Service Projects Enterprise Fiduciary TOTAL CLASSIFICATION 4 0261 Fund Revenue Funds Funds Funds Funds BUDGET ESTIMATED REVENUES Ad Valorem Taxes 8,466,739 - - - - 209,040 8,675,779 Other Taxes 4,465,900 2,790,000 - - - - 7,255,900 Licenses&Permits 2,469,500 1,721,400 - - 1,632,000 - 5,822,900 Intergovermental Revenues 3,895,628 - - - 100,000 - 3,995,628 Charges For Services 1,344,018 69,157 - - 15,095,400 - 16,508,575 Fines&Forfeitures 665,400 - - - - - 665,400 Miscellaneous 1,252,948 41,235 2,575 - 444,405 60,460 1,801,623 Interfund Transfers 504,770 - 8,889,301 8,086,370 3,086,072 - 20,566,513 ESTIMATED REVENUES 23,064,903 4,621,792 8,891,876 8,086,370 20,357,877 269,500 65,292,318 • NON-REVENUES Beginning Reserves 8,397,405 2,311,966 875,078 - 35,725,705 1,724,930 49,035,084 NON-REVENUES 8,397,405 2,311,966 875,078 - 35,725,705 1,724,930 49,035,084 TOTAL REVENUES&RESERVES $31,462,308 $6,933,758 $9,766,954 $8,086,370 $56,083,582 $1,994,430 114,327,402 EXPENDITURES General Government 3,704,015 240,000 1,149,663 - - - 5,093,678 Public Safety 13,454,892 2,691,361 - 8,086,370 - - 24,232,623 Public Works 3,631,186 1,208,000 - - - - 4,839,186 Economic Development 171,591 - - - - 692,844 864,435 Parks&Recreation 2,004,938 1,069,936 - - - - 3,074,874 Environmental Services - - - - 22,542,698 - 22,542,698 Interfund Transfers 402,881 1,110,050 7,786,370 - 1,475,042 5,800 10,780,143 EXPENDITURES 23,369,503 6,319,347 8,936,033 8,086,370 24,017,740 698,644 71,427,637 RESERVES Ending Reserves 8,092,805 614,411 830,921 - 32,065,842 1,295,786 42,899,765 RESERVES 8,092,805 614,411 830,921 - 32,065,842 1,295,786 42,899,765 TOTAL EXPENDITURES&RESERVES $31,462,308 $6,933,758 $9,766,954 $8,086,370 $56,083,582 $1,994,430 114,327,402 NOTE RESTRICTED RESERVESRE ESTABLISHED PURSUANT TO CITY OF CLERMONT RESOLUTION NO 2015-10