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HomeMy WebLinkAboutDocumentation_Special Meeting_Tab 02_09/18/2014 R.ESOI:UTION NO. 25-14 A RESOLUTION OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, ADOPTING THE FINAL BUDGET FOR FISCAL YEAR 2014-2015; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES. WHEREAS, the Village of Tequesta of Palm Beach County, Florida, on, September 18, 2014, held a public heaxing as required by Florida Statute 200.065; and WHEREAS, the Village of Tequesta. of Palm Beach County, Florida, has established its fiscal year to begin on October 1 St of each year and end on September 30�' of the follawing year; and, WHEREAS, the Village of Tequesta. of Palm Beach County, Florida, set forth the appropriations and revenue estimate for the Budget for Fiscal Year 2014-2015 in the amoun.t of $16,364,674. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, THAT: Section 1: The Fiscal Year 2014-2015 Fina1 Budget is ad.opted. Section 2: The Village Council of the Village of Tequesta, Pa1m Beach County, Florida, designated the Finance Director or her designee as Budget Officer in accordance with Sectian 166.241(3), Florida Statutes. The Finance Director or her designee, as the designated Budget Officer, with the written approval from the Village Manager, shall be authorized to make certain budget adjustments within a department provided tha,t the total of the appropriations of the department is not changed. Section 3: The Village Clerk sha11 mail a copy of this resolution to the Village of Palm Beach County Property Appraiser, to the Pa1m Beach County Tax Collector, and to the State of Florida Department of Revenue within three (3) days after its adoption. Section 4: The Village Clerk sha11, withi.n thirty (30) days of the effective date of this resolution, certify to the State of Florida, Department of Revenue that the Village has complied with all sta.tutory requirements in adopting the millage rate and budget. The Village Clerk sha11 transmit to the Department a copy of this resolution, a copy of the certification of value showing the rolled-back rate and proposed millage ra.tes as provided to the Property Appraiser and a certified copy of the published advertisement of the final budget public hearing. Section 5: 'This Resolution shall take effect ixnmediately upon its adoption. BUDGET SUMMARY VILLAGE OF TEQUESTA - FISCAL YEAR 20142015 Generat fund 6.2920 Genera! Capital Water Refuse � Stormwater Speciai Law ESTIMATED REVENUES Fund Improvement Utility Recycling Utitity Enforcement Total Taxes: Millage Per $1000 Ad Valorem Taxes 6.2920 5,235,800 5,235,800 Sales and Use Taxes 1,178,600 1,178,600 Franchise Fees 414,400 414,�0 Licenses and Permits 377,740 377,740 Intergovemmental Revenues 789,920 789,920 Charges for Services 1,089,876 4,19�,800 477,245 318,000 6,080,921 Misceltaneous Revenues 332,923 24,000 356,923 Intragovernmentaf Services 534,390 534,390 Unrestricted Investment Eamings 9,500 378 1,100 10,975 Other Financing Sources 77,OOD 14,000 240,000 331,000 TOTAL SOURCES $10,03D,249 $0 $4,243,300 $477,620 $319,100 $240,000 $15,310,269 Transfers in $85,000 85,000 Fund BalanceslReserves/Net Assets $714,990 $22,175 $146,200 $86,040 969,405 TOTAL REVENUES, TRANSFERS 8 BALANCES $10,030,249 $$S,OOQ $4,958,290 $499,795 $465,300 $328,040 $76,364,674 EXPENDtTURES General Govemment 1,700,180 1,700,180 PubiicSafety 6,17�,570 241,000 6,411,570 Physical Environment 4,392,290 499,795 465,000 5,357,085 Transportation 937,860 85,000 1,022,860 Leisure Seroices 546,080 546,080 Debt Service 433,950 546,800 85,040 1,065,790 Other Financing Uses 13,800 19,200 300 33,300 TOTAI EXPENDITURES $9,802,440 $85,OQ0 $4,958,290 $499,795 $465,300 $326,040 $16,136,865 Transfers Out $85,000 85,000 Fund BalancesiReserves/Net Assefs $142,809 142,809 fOTAL APPROPRIATED EXPENDITURES TRANSFERS,RESERVES 8 BALANCES $10,030,249 $85,000 $4,958,290 $499,795 $465,300 $326,040 $16,364,674 The tentative, adopted, and / or final budgets are on file in the office of the above referenced taxing authority as a public record.