Resolution No. 2024-032Ad"
CLERWONT CITY OF CLERMONT
RESOLUTION NO.2024-032R
A RESOLUTION OF THE CITY OF CLERMONT OF LAKE COUNTY,
FLORIDA, ADOPTING THE TENTATIVE BUDGET FOR THE
FISCAL YEAR 2024-2025; PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City of Clermont of Lake County, Florida, on September 12, 2024, held
a public hearing as required by Florida Statute 200.065; and
WHEREAS, the City of Clermont of Lake County, Florida, set forth the appropriations
and revenue estimates for the Budget Summary for Fiscal Year 2024-2025 in the amount of
$252,436,933 included in Exhibit A, attached hereto;
NOW, THEREFORE, BE IT RESOLVED, by the City of Clermont of Lake
County, Florida, that:
1. The Fiscal Year 2024-2025 Tentative Budget be adopted.
2. This resolution shall take effect immediately upon its adoption.
DULY ADOPTED at a public hearing this 121h day of September 2024.
d,
CLERWON-r CITY OF CLERMONT
RESOLUTION NO.2024-032R
u
Tim Murry,
ATTEST:
Tracy Ackroyd How f, MMC
City Clerk
EX111131"1 A
BUDGET SUMMARY
CITY OF CLERMONT, FLORIDA
FISCAL YEAR 2024-2025
THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE CITY OF CLERMONT, FLORIDA ARE 3.3 % MORE THAN LAST YEAR'S TOTAL OPERATING
EXPENDITURES (s.200.065(3)(I), F.S.)
General Fund Millage per $1000
4.9500
Special
Debt
Capital
General
Revenue
Service
Projects
Enterprise
Internal Service
Total
CLASSIFICATION
Fund
Funds
Fund
Fund
Funds
Fund
Budget
ESTIMATED REVENUES
Ad Valorem Taxes
$ 27,085,192
$ -
$ $
$
$ $
27,085,192
Other Taxes
8,020,000
5,500,000
13,520,000
Licenses, Permits & Fees
4,885,150
6,085,650
5,807,000
16,777,800
Intergovernmental
6,571,200
-
188,000
6,759,200
Charges For Services
3,163,537
4,200
33,040,250
7,587,800
43,795,787
Fines & Forfeitures
111,000
-
-
-
111,000
Miscellaneous
1,454,345
406,000
200,000
20,000
1,143,500
323,200
3,547,045
Interfund Transfers
3,127,500
-
5,193,775
-
10,961,040
-
19,282,315
ESTIMATED REVENUES
54,417,924
11,995,850
5,393,775
20,000
51,139,790
7,911,000
130,878,339
NON -REVENUES
Beginning Reserves
22,707,335
18,114,427
30,500,509
2,689,834
42,153,259
5,393,230
121,558,594
NON -REVENUES
22,707,335
18,114,427
30,500,509
2,689,834
42,153,259
5,393,230
121,558,594
TOTAL REVENUES & RESERVES
77,125,259
30,110,277
35,894,284
2,709,834
93,293,049
13,304,230
252,436,933
EXPENDITURES
General Government
6,619,161
455,000
4,293,780
-
-
7,375,350
18,743,291
Public Safety
34,070,382
4,194,451
-
32,783
-
-
38,297,616
Physical Environment
-
-
-
42,594,422
42,594,422
Transportation/Public Works
6,595,869
2,647,315
-
9,243,184
Economic Environment
130,000
-
130,000
Human Services
1,165,724
-
1,165,724
Culture & Recreation
4,599,480
379,000
-
-
4,978,480
Interfund Transfers
1,772,488
2,588,760
7,000,000
-
6,702,090
-
18,063,338
EXPENDITURES
54,953,104
10,264,526
11,293,780
32,783
49,296,512
7,375,350
133,216,055
RESERVES
Ending Reserves
22,172,155
19,845,751
24,600,504
2,677,051
43,996,537
5,928,880
119,220,878
RESERVES
22,172,155
19,845,751
24,600,504
2,677,051
43,996,537
5,928,880
119,220,878
TOTAL EXPENDITURES & RESERVES $ 77,125,259 $ 30,110,277 $ 35,894,284 $ 2,709,834 $ 93,293,049 $ 13,304,230 $ 252,436,933
THE TENTATIVE, ADOPTED, AND/OR FINAL BUDGETS ARE ON FILE IN THE OFFICE OF THE ABOVE MENTIONED TAXING AUTHORITY AS A PUBLIC RECORD.