HomeMy WebLinkAboutDocumentation_Special Meeting_Tab 02_09/28/2006 VILLAGE OF TEQUESTA
MEETING AGENDA ROUTING SHEET
MEETING DATE: September 28, 2006
REQUESTED ACTIONISUMMARY: Adopt the budgets of the Village of Tequesta for
the fiscal year commencing October 1, 2006.
RESOLUTION OR ORDINANCE NUMBER: Ordinance 609
ORIGINATING DEPARTMENT: Finance
FUNDING SOURCE: 200612007 BUDGET
APPROPRIATE FUND BALANCE: Yes
Piggyback Contract Name and number:
Or
Competitive Bid for anything over $1,000-Attach 3 Bids
APPROVALS:
DEPARTMENT HEAD JoAnn Fors he
FINANCE DIRECTOR JoAnn Fors he
VILLAGE MANAGER
VILLAGE MANAGER RECOMMENDATION: APPROVE DENY
VILLAGE ATTORNEY: APPROVED FOR LEGAL SUFFICIENCY
YES NO
NOT APPLICABLE (N/A)
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ORDINANCE NO. 609
AN ORDINANCE OF THE VILLAGE COUNCIL OF
THE VILLAGE OF TEQUESTA, PALM BEACH
COUNTY, FLORIDA, PROVIDING FOR THE
ADOPTION OF THE BUDGETS FOR THE FISCAL
YEAR COMMENCING OCTOBER 1, 2006.
WHEREAS, it is necessary for the Village to adopt the budgets for this fiscal year
commencing October 1, 2006; and
WHEREAS, the Village of Tequesta, Palm Beach County, Florida held two public
hearings as required by Florida Statute 200.065; and
WHEREAS, the Village of Tequesta of Palm Beach County, Florida, set forth the
appropriations and revenue estimate for the Budget for Fiscal year 2007 in the amount of
$18,712,498.00.
NOW, THEREFORE, BE IT ORDAINED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA AS
FOLLOWS:
SECTION 1.: The budgets for the Fiscal Year commencing October 1, 2006, attached
hereto and marked "Exhibit A" and made a part of this Ordinance are hereby adopted.
SECTION 2.: The Village Manager is hereby authorized to execute "Intra-fund" budget
transfers within the line item appropriations of individual Village Fund Budgets, in
accordance with the procedures of the Village Council that separate transfers in excess of
$5,000.00 are to be submitted, for information to the Village Council through the Consent
Agenda. The Finance Director through the Village Manager will advise the Village
Council at any time that additional reserves are required that will ultimately result in the
original budget being exceeded.
SECTION 3.: The Village Council has elected to review the budget as provided by the
Village Manager and the Finance Department, at their first regularly scheduled meeting
in April, or more frequently as needed.
SECTION 4.: Effective Date. This Ordinance shall take effect immediately upon its
passage and approval.
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THE FORGOING ORDINANCE was offered by Council Member , who
moved its adoption. The ordinance was seconded by Council Member , and
upon being put to a vote the vote was as follows:
FOR ADOPTION AGAINST ADOPTION
The Mayor thereupon declared the Ordinance duly passed and adopted this 28th day of
September, A.D., 2006.
Jim Humpage, Mayor
ATTEST:
Gwen Carlisle
Village Clerk
,
BUDGET SUMMARY
VILLAGE OF TEQUESTA • FISCAL YEAR 2006 -2007
General Fund 6.4980
General Special Capital Wa[er Retuse & Stormwater
ESTIMATED REVENUES Fund Revenue Projecfs Utility Recycling Utiliry Total
Taxes: Millage Per$1000
AdValoremTaxes 6.4980 6,061,684 6,061,684 -
Sales and Use Taxes 1,058,300 'I,058,300
Franchise Fess 348,000 348,000
Licenses and Permits 233,000 131,000 360.,000
Intergovernmenlal Revenues 618,190 618,190
ChargesforServices 616,390 4,002,100 278,000 298,600 5,195,090
MiscellaneousRevenues 280,510 10,900 89,100 6,300 300 387,110
InVagovernmental Services 273,150 273,150
Granls and Contributions 0 112,500 - 430,000 542,500
TOTAISOURCES 59,141,224 5489,900 $112,500 $4,521,200 $284,300 $298,900 $14,848,024
Transfers In $406,830 $60,300 $218,514 $0 $685,644
Fund Balanca4Reserves/NetAssets $0 $790,196 $1,962,050 $426,584 $3,178,830
TOTAL REVENUES, TRANSFERS & �
BALANCES $9,548,054 $550,200 $1,121,210 $6,483,250 $284,300 $725,484 $18,712,498
EXPENDITURES
GeneralGovernmentServices 1,525,788 730,210 2,255,998
Public Safely 5,588,190 5,588,190
Physical Environmen� 5,906,000 284,300 665,184 6,855,484
Transporta�ion 1,033,532 231,000 1,264,532
Leisure Services 479,950 160.000 639.950
Debt Service 528,310 143,370 571,450 1,243,130
Other Finandng Uses 173,770 5,800 179,570
TOTAL EXPENDITURES $9,329,540 $143,370 $1,121,210 $6,483,250 $284,300 $665,184 $18,026,854
TransfeisOUt 5218,514 $406,830 $0 $60,300 $685,644
Fund BalanceslReservesiNetAssets
TOTAL APPROPRIATED EXPENDITURES
TRANSFERS,RESERVES & BALANCES $9,548,054 $550,200 $1,121,210 $6,483,250 $284,300 5725,484 $18,712,498