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R-2016-35 CITY OF CLERMONT RESOLUTION NO. 2016-35 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, ADOPTING THE BUDGET FOR THE 2016-2017 FISCAL YEAR. WHEREAS, the City of Clermont, Florida held a public hearing 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$112,922,397 oras 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, 2016 to September 30, 2017; NOW, THEREFORE, BE IT RESOLVED, that the attached said budget for the City of Clermont for the 2016-2017 Fiscal Year and appropriations therefore are hereby adopted. DONE AND RESOLVED by the City Council of the City of Clermont, Lake County Florida,this 22nd day of September, 2016. "7/ Gail L. Ash, Mayor ATT ST: Tracy A4fcroyd Howe, City Clerk BUDGET SUMMARY . CITY OF CLERMONT,FLORIDA CLER ONi w Choke of Champi - FISCAL YEAR 2017 EXHIBIT A Capital Millage per$1000 General Spedal Debt Service Projects Enterprise Fiduciary TOTAL CLASSIFICATION 4.2061 Fund Revenue Funds Funds Funds Funds BUDGET ESTIMATED REVENUES Ad Valorem Taxes 9,316,249 - - - - 222,872 9,539,121 Other Taxes 4,834,500 3,106,000 - - - - 7,940,500 Licenses&Permits 3,080,720 2,477,000 - - 2,490,000 - 8,047,720 Intergovermental Revenues 3,885,462 - - - 2,931,833 - 6,817,295 Charges For Services 1,560,755 350,100 - - 16,150,000 - 18,060,855 Fines&Forfeitures 338,300 - - - - - 338,300 Miscellaneous 1,218,481 27,979 5,213 - 459,959 68,771 1,780,403 Interfund Transfers 1,206,800 - 1,237,545 676,094 6,405,857 - 9,526,296 ESTIMATED REVENUES 25,441,267 5,961,079 1,242,758 676,094 28,437,649 291,643 62,050,490 NON-REVENUES Beginning Reserves 8,131,441 1,533,754 962,958 954,100 37,938,015 1,351,639 50,871,907 NON-REVENUES 8,131,441 1,533,754 962,958 954,100 37,938,015 1,351,639 50,871,907 TOTAL REVENUES&RESERVES $33,572,708 $7,494,833 $2,205,716 $1,630,194 $66,375,664 $1,643,282 $112,922,397 EXPENDITURU General Government 3,982,496 242,000 1,299,852 - - - 5,524,348 Public Safety 14,487,681 2,689,482 - - - - 17,177,163 Public Works 3,789,273 1,498,803 - - - - 5,288,076 Economic Development 265,642 - - 1,630,194 - 256,396 2,152,232 Parks&Recreation 2,666,630 387,550 - - - 3,054,180 Environmental Services - - - - 27,273,737 - 27,273,737 Interfund Transfers 249,545 1,538,000 - - 2,300,947 132,894 4,221,386 EXPENDITURES 25,441,267 6,355,835 1,299,852 1,630,194 29,574,684 389,290 64,691,122 RESERVES Ending Reserves 8,131,441 1,138,998 905,864 - 36,800,980 1,253,992 48,231,275 RESERVES 8,131,441 1,138,998 905,864 - 36,800,980 1,253,992 48,231,275 TOTAL EXPENDITURES&RESERVES $33,572,708 $7,494,833 $2,205,716 $1,630,194 $66,375,664 $1,643,282 $112,922,397 NOTE: RESTRICTED RESERVES ARE ESTABLISHED PURSUANT TO CITY OF CLERMONT RESOLUTION NO.2015-10.