R-07-1536CITY OF CLERMONT
RESOLUTION
NO. 1536
A RESOLUTION OF THE CITY OF CLERMONT, LAKE
COUNTY, FLORIDA, ADOPTING THE BUDGET FOR THE
2007-2008 FISCAL YEAR.
WHEREAS, it is hereby found and determined by the City Council of the City of
Clermont, Lake County, Florida that the following sums of money, 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, 2007 to September 30, 2008.
GENERAL FUND
CASH BALANCES BROUGHT FORWARD
ESTIMATED REVENUES:
Taxes
Licenses and Permits
Intergovernmental
Charges for Services
Fines and Forfeitures
Miscellaneous
Other Financing Sources
TOTAL ESTIMATED REVENUES
$8,094,748
$23,429,975
TOTAL CASH BALANCES AND ESTIMATED REVENUES 531.24;723
EXPENDITURES:
City Council 26,795
City Clerk 249,020
City Manager 444,520
Administrative Services 1,041,286
City Attorney 117,570
Planning & Zoning 799,270
Engineering 387,875
Other General Government 378,465
Police 5,190,255
Fire 4,253,408
Public Works 10,406,406
Economic Development 40,600
Recreation 279,455
11,527,422
386,200
9,237,689
443,095
141,250
1,143,719
550,600
CITY OF CLERMONT
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NO. 1536
PAGE 2
TOTAL EXPENDITURES $23,614,925
RESERVES $7,909,798
TOTAL EXPENDITURES AND RESERVES X31,524,723
INFRASTRUCTURE FUND
CASH BALANCES BROUGHT FORWARD $5,368,423
ESTIMATED REVENUES:
Taxes 2,000,000
Miscellaneous 110,000
TOTAL ESTIMATED REVENUES $2,110,000
TOTAL CASH BALANCES AND ESTIMATED REVENUES ~~
EXPENDITURES:
Public Works 33,000
Transfers-Out 6,981,180
TOTAL EXPENDITURES $7,014,180
RESERVES $464,243
TOTAL EXPENDITURES AND RESERVES ~Zz~
RECREATION IMPACT FEE FUND
CASH BALANCES BROUGHT FORWARD $2,310,602
ESTIMATED REVENUES:
Impact Fees 820,000
Miscellaneous 59,000
TOTAL ESTIMATED REVENUES $879,000
CITY OF CLERMONT
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PAGE 3
TOTAL CASH BALANCES AND ESTIMATED REVENUES 53.189.602
EXPENDITURES:
Public Works 995,000
TOTAL EXPENDITURES $995,000
RESERVES $2,194,602
TOTAL EXPENDITURES AND RESERVES ~~~~ ~
POLICE IMPACT FEE FUND
CASH BALANCES BROUGHT FORWARD $1,411,270
ESTIMATED REVENUES:
Impact Fees 250,000
Miscellaneous 90,000
TOTAL ESTIMATED REVENUES $340,000
TOTAL CASH BALANCES AND ESTIMATED REVENUES 12
EXPENDITURES:
Police 636,135
TOTAL EXPENDITURES $636,135
RESERVES $1,115,135
TOTAL EXPENDITURES AND RESERVES 1.751.270
FIRE IMPACT FEE FUND
CASH BALANCES BROUGHT FORWARD $193,694
CITY OF CLERMONT
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NO. 1536
PAGE 4
ESTIMATED REVENUES:
Impact Fees
Miscellaneous
150,000
9,500
TOTAL ESTIMATED REVENUES $159,500
TOTAL CASH BALANCES AND ESTIMATED REVENUES 2
EXPENDITURES:
Fire 147,685
Transfers Out 200,000
TOTAL EXPENDITURES $347,685
RESERVES $5,509
TOTAL EXPENDITURES AND RESERVES ~~
2002 PUBLIC IMPROVEMENT BOND FUND
CASH BALANCES BROUGHT FORWARD $364,022
ESTIMATED REVENUES:
Miscellaneous 9,000
Other Financing Sources 640,530
TOTAL ESTIMATED REVENUES 649 530
TOTAL CASH BALANCES AND ESTIMATED REVENUES $1.013.552
EXPENDITURES:
Other General Government 635,057
TOTAL EXPENDITURES $635,057
RESERVES 378 495
TOTAL EXPENDITURES AND RESERVES ~1t~:
CITY OF CLERMONT
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BUILDING CONSTRUCTION FUND
CASH BALANCES BROUGHT FORWARD $854,809
ESTIMATED REVENUES:
Miscellaneous 31,000
Other Financial Sources 8,345,000
TOTAL ESTIMATED REVENUES $8,376,000
TOTAL CASH BALANCES AND ESTIMATED REVENUES ~2~' 4$42
EXPENDITURES:
Fire 3,320,000
Parks 825,000
TOTAL EXPENDITURES $4,145,000
RESERVES $5,085,809
TOTAL EXPENDITURES AND RESERVES X2$42
WATER FUND
CASH BALANCES BROUGHT FORWARD $8,746,135
ESTIMATED REVENUES:
Charges for Services 5,306,000
Miscellaneous 612,000
Transfers In 388,058
TOTAL ESTIMATED REVENUES $6,306,058
TOTAL CASH BALANCES AND ESTIMATED REVENUES 515.52,193
EXPENSES:
Water System 10,366,322
TOTAL EXPENSES $10,366,332
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RESERVES $4,685,861
TOTAL EXPENSES AND RESERVES 15,~,19~
WATER IMPACT FEE FUND BUDGET
CASH BALANCES BROUGHT FORWARD $6,631,875
ESTIMATED REVENUES:
Impact Fees 700,000
Miscellaneous 120,000
TOTAL ESTIMATED REVENUES $820,000
TOTAL CASH BALANCES AND ESTIMATED REVENUES ~1~~ ~
EXPENSES:
Water System 7,315,558
TOTAL EXPENSES $7,315,558
RESERVES $136,317
TOTAL EXPENSES AND RESERVES 7.451.87
SEWER FUND
CASH BALANCES BROUGHT FORWARD $3,772,422
ESTIMATED REVENUES:
Charges for Services 4,628,000
Miscellaneous 210,000
Transfers In 689,881
TOTAL ESTIMATED REVENUES $5,527,881
TOTAL CASH BALANCES AND ESTIMATED REVENUES ~2~QQ
CITY OF CLE.RMONT
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EXPENSES:
Sewer System
TOTAL EXPENSES
RESERVES
TOTAL EXPENSES AND RESERVES
SEWER IMPACT FEE FUND
CASH BALANCES BROUGHT FORWARD
ESTIMATED REVENUES:
Impact Fees
Miscellaneous
TOTAL ESTIMATED REVENUES
8,142,455
1,750,000
800,000
TOTAL CASH BALANCES AND ESTIMATED REVENUES
EXPENSES:
Sewer System 22,268,123
TOTAL EXPENSES
RESERVES
TOTAL EXPENSES AND RESERVES
2000 WATER/SEWER BOND FUND
CASH BALANCES BROUGHT FORWARD
ESTIMATED REVENUES:
Miscellaneous 11,000
$8,142,455
$1,157,848
9.300.303
$26,544,519
$2,550,000
29.094.519
$22,268,123
$6,826,396
~29,Q94.519
$867,968
TOTAL ESTIMATED REVENUES $11,000
CITY OF CLERMONT
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TOTAL CASH BALANCES AND ESTIMATED REVENUES ~$~
EXPENSES:
Water/Sewer System 878,968
TOTAL EXPENSES $878,968
RESERVES
TOTAL EXPENSES AND RESERVES ~$?$~
STORMWATER FUND
CASH BALANCES BROUGHT FORWARD $1,820,744
ESTIMATED REVENUES
Intergovernmental 700,000
Charges for Services 776,000
Miscellaneous 60,000
TOTAL ESTIMATED REVENUES $1,536,000
TOTAL CASH BALANCES AND ESTIMATED REVENUES 3.35b.744
EXPENSES:
Storrnwater System 2,500,890
TOTAL EXPENSES $2,500,890
RESERVES $855,854
TOTAL EXPENSES AND RESERVES S3-3s
SANITATION FUND
CASH BALANCES BROUGHT FORWARD $592,464
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ESTIMATED REVENUES:
Intergovernmental
Charges for Services
Miscellaneous
40,000
2,574,000
22,000
TOTAL ESTIMATED REVENUES $2,636,000
TOTAL CASH BALANCES AND ESTIMATED REVENUES 3.22g•4G4
EXPENSES:
Sanitation 1,729,705
TOTAL EXPENSES $1,729,705
RESERVES $1,498,759
TOTAL EXPENSES AND RESERVES ~ .228.464
COMMUNITY REDEVELOPMENT AGENCY FUND
CASH BALANCES BROUGHT FORWARD $577,889
ESTIMATED REVENUES:
Taxes 321,365
Miscellaneous 16,000
TOTAL ESTIMATED REVENUES $337,365
TOTAL CASH BALANCES AND ESTIMATED REVENUES ~2_ ~~4
EXPENDITURES:
Economic Development 900,175
TOTAL EXPENDITURES $900,175
RESERVES $15,079
TOTAL EXPENDITURES AND RESERVES ~Q~S 5
CITY OF CLERMONT
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PAGE 10
CEMETERY FUND
CASH BALANCES BROUGHT FORWARD $578,989
ESTIMATED REVENUES:
Miscellaneous 70,800
TOTAL ESTIMATED REVENUES $70,800
TOTAL CASH BALANCES AND ESTIMATED REVENUES ~~
EXPENDITURES:
Other General Government 500
Transfers-Out 30,800
TOTAL EXPENDITURES $31,300
RESERVES $618,489
TOTAL EXPENDITURES AND RESERVES ~~ .789
NOW, THEREFORE, BE IT RESOLVED, that the above said budget for the
City of Clermont for the 2007-2008 Fiscal Year and appropriations therefore are hereby
adopted.
DONE AND ~~]~SOLVED BY THE CITY COUNCIL OF THE CITY OF
CLERMONT THIS ~~~. DAY OF SEPTEMBER, 2007.
~~:
Harold S. Turville, Mayor
Attest:
~~ , ,
' ,~
~~f~~~
~~ ~:
Tracy Ackroyd, Cit Clerk