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R-2017-46 CITY OF CLERMONT RESOLUTION NO. 2017-46 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, ADOPTING THE TENTATIVE BUDGET FOR THE 2017-2018 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$143,558,996 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, 2017 to September 30, 2018; NOW, THEREFORE, BE,IT RESOLVED, that the attached said tentative budget for the City of Clermont for the 2017-2018 Fiscal Year and appropriations therefore are hereby adopted. DONE AND RESOLVED by the City Council of the City of Clermont, Lake County Florida, this 7th day of September, 2017. Gail L. Ash, Mayor ATTES P. Tracy Ackroyd Howe, City Clerk ed .Cir BUDGET SUMMARY CITY OF CLERMONT,FLORIDA FISCAL YEAR 2017-2018 EXHIBIT A Capital Millage per$1000 General Special Debt Service Projects Enterprise Fiduciary TOTAL CLASSIFICATION 4.2061 Fund Revenue Funds Funds Funds Funds Funds BUDGET ESTIMATED REVENUES Ad Valorem Taxes 10,393,108 - - - - 245,966 10,639,074 Other Taxes 5,698,870 3,218,000 - - - - 8,916,870 Licenses&Permits 3,119,136 2,638,020 - - 2,915,000 - 8,672,156 Intergovernmental Revenues 4,410,763 - 400,000 2,838,093 7,648,856 Charges For Services 1,642,572 504,538 - - 17,478,113 - 19,625,223 Fines&Forfeitures 117,500 - - - - - 117,500 Miscellaneous 3,428,378 87,083 3,020 10,785 562,229 1,989 4,093,484 Interfund Transfers 1,997,423 - 2,435,832 3,285,000 974,836 - 8,693,091 ESTIMATED REVENUES 30,807,750 6,447,641 2,438,852 3,695,785 24,768,271 247,955 68,406,254 NON-REVENUES Beginning Reserves 8,155,523 4,974,694 888,584 20,611,662 40,243,359 278,920 75,152,742 NON-REVENUES 8,155,523 4,974,694 888,584 20,611,662 40,243,359 278,920 75,152,742 TOTAL REVENUES&RESERVES $ 38,963,273 $11,422,335 $ 3,327,436 $ 24,307,447 $ 65,011,630 $ 526,875 $143,558,996 EXPENDITURES General Government 4,103,113 114,800 1,795,739 - - - 6,013,652 Public Safety 16,629,174 2,713,408 - - - - 19,342,582 Public Works 4,009,038 1,553,808 - 8,180,135 - - 13,742,981 Economic Development 190,175 - - 16,127,312 - 180,813 16,498,300 Parks&Recreation 2,953,529 256,925 - - - - 3,210,454 Environmental Services - - - - 29,667,292 - 29,667,292 Interfund Transfers 2,922,721 3,283,411 - - 3,085,259 1,400 9,292,791 EXPENDITURES 30,807,750 7,922,352 1,795,739 24,307,447 32,752,551 182,213 97,768,052 RESERVES Ending Reserves 8,155,523 3,499,983 1,531,697 - 32,259,079 344,662 45,790,944 RESERVES 8,155,523 3,499,983 1,531,697 - 32,259,079 344,662 45,790,944 TOTAL EXPENDITURES&RESERVES $ 38,963,273 $11,422,335 $ 3,327,436 $ 24,307,447 $ 65,011,630 $ 526,875 $143,558,996 *THE TENTATIVE,ADOPTED,AND/OR FINAL BUDGETS ARE ON FILE IN THE OFFICE OF THE ABOVE MENTIONED TAXING AUTHORITY AS A PUBLIC RECORD.