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7497-05 ORDINANCE NO.7 497 -05 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, ADOPTING AN OPERATING BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2005, AND ENDING SEPTEMBER 30, 2006; AUTHORIZING THE CITY MANAGER TO ISSUE SUCH INSTRUCTIONS THAT ARE NECESSARY TO ACHIEVE AND ACCOMPLISH THE SERVICE PROGRAMS SO AUTHORIZED; AUTHORIZING THE CITY MANAGER TO TRANSFER MONIES AND PROGRAMS AMONG THE DEPARTMENTS AND ACTIVITIES WITHIN ANY FUND AS PROVIDED BY CHAPTER 2 OF THE CLEARWATER CODE OF ORDINANCES; PROVIDING AN EFFECTIVE DATE. WHEREAS, the City Manager has submitted an estimate of the expenditures necessary to carry on the City government for the fiscal year beginning October 1, 2005, and ending September 30, 2006; and WHEREAS, an estimate of the revenues to be received by the City during said period from ad valorem taxes' and other sources has been submitted to the City Council; and WHEREAS, a general summary of the operating budget, and notice of the times and places where copies of the budget message and operating budget are available for inspection by the public, was published in a newspaper of general circulation; and WHEREAS, the City Council has examined and carefully considered the proposed budget; and WHEREAS, in accordance with Chapter 2 of the Clearwater Code of Ordinances, the City Council conducted a public hearing in City Hall on September 1, 2005, upon said budget and tax levy; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA; Section 1. Pursuant to the City Manager's Annual Budget Report for the fiscal year beginning October 1, 2005, and ending September 30, 2006, a copy of which is on file with the City Clerk, the City Council hereby adopts a budget for the operation of the City, a copy of which is attached hereto as Exhibit A. Section 2. The budget as adopted shall stand and be the budget of the City for said fiscal year, subject to the authority of the City Council to amend or change the budget as provided by Section 2.519 of the Clearwater Code of Ordinances. Ordinance No. 7497-05 Section 3. The City Manager is authorized and directed to issue such instructions and directives that are necessary to achieve and accomplish the service programs authorized by the adoption of this budget. Section 4. The City Manager is authorized for reasons of economy or efficiency to transfer part or all of any unencumbered appropriation balance among programs within an operating fund, provided such action does not result in the discontinuance of a program. Section 5. It is the intent of the City Council that this budget, including amendments thereto, is adopted to permit the legal appropriation and encumbering of funds for the purposes set forth in the budget. All appropriated and encumbered but unexpended funds at the end of the fiscal year may be expended during the subsequent fiscal year for the purposes for which they were appropriated and encumbered, and such expenditures shall be deemed to have been spent out of the current budget allocation. It shall not be necessary to reappropriate additional funds in the budget for the subsequent fiscal year to cover valid open encumbrances outstanding as of the end of the current fiscal year. Section 6. Should any provision of this ordinance be declared by any court to be invalid, the same shall not affect the validity of the ordinance as a whole, or any provision thereof, other than the provision declared to be invalid. Section 7. This ordinance shall take effect October 1, 2005. PASSED ON FIRST READING September 1.2005 PASSED ON SECOND AND FINAL READING AND ADOPTED September 15, 2005 -/~;: ~ PtctfIk V. Hibbard r Mayor Approved as to form: Attest: U~ Pamela K. Akin City Attorney . ia E. Goudeau, lerk -- 2 Ordinance No. 7497-05 EXHIBIT A CITY OF CLEARWATER 2005-06 BUDGETED REVENUE Actual Budgeted Budgeted Revenues Revenues Revenues 2003/04 2004/05 2005/06 GENERAL FUND: Property Taxes 34,929,748 38,852,560 44,878,180 Franchise Fees 7,504,909 7,335,000 7,792,130 Utility Taxes 10,236,738 10,654,730 10,810,200 Licenses, Permits & Fees 4,081,446 3,544,500 4,015,000 Sales Tax 6,143,239 6,288,410 6,325,000 Communications Services Tax 6,790,089 6,825,000 6,547,070 Intergovernmental 9,488,216 9,347,440 10,010,270 Charges for Services 11,669,577 3,745,800 3,674,870 Fines & Forfeitures 1,257,043 1,611,120 828,000 Interest Income 536,175 429,000 529,000 Miscellaneous 1,008,814 547,980 1,146,540 Interfund Charges/Transfers In 5,107,945 13,313,910 14,843,650 TOTAL GENERAL FUND 98,753,939 102,495,450 111,399,910 SPECIAL REVENUE FUNDS: Special Development Fund 15,100,603 15,806,680 20,494,410 Special Program Fund 5,281,570 2,171,500 2,111,600 Local Housing Assistance Trust Fund 1,467,472 836,000 820,100 ENTERPRISE FUNDS: Water & Sewer Fund 47,220,004 52,116,110 51,781,310 Stormwater Utility Fund 9,679,809 10,274,910 11,531,030 Solid Waste Fund 16,777,470 16,685,300 17,298,140 Gas Fund 33,228,829 33,519,890 42,062,990 Recycling Fund 2,707,741 2,429,200 2,557,900 Marine & Aviation Fund 4,022,849 3,485,190 3,850,400 Parking Fund 4,828.128 4,902,720 4,782,260 Harborview Center Fund 2,096,314 2,216,370 2,211,770 INTERNAL SERVICE FUNDS: Administrative Services Fund 9,604,198 8,626,270 9,106,290 General Services Fund 3,448,891 3,491,960 4,117,710 Garage Fund 10,047,805 9,475,360 11,330,890 Central Insurance Fund 16,464,190 18,507,870 19,759,210 TOTAL ALL FUNDS 280,729,812 287,040,780 315,215,920 Ordinance #7497-05 '- Ordinance #7497-05