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HomeMy WebLinkAboutCity of Tamarac Ordinance O-1980-102Introduced by:� Temp.#�f� 1 2 3 4 5 I,, 8 9 10 11 12 13 14 15 16 w7 20 21 22 23 24 25 26 27 28 29 �0 l .s2 33 34 35 36 CITY OF TAMARAC, FLORIDA ORDINANCE NO. AN ORDINANCE ADOPTING CAPITAL RESERVE; DEBT SERVICE; PARKS AND RECREATION; POLICE EDUCATION; SELF INSURANCE FUND AND DRAINAGE IMPROVEMENT FUND BUDGETS FOR FISCAL YEAR 1980-1981; PROVIDING FOR SEVERABILITY OF INVALID PROVISIONS; AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED BY THE CITY COUNCIL OF TAMARAC, FLORIDA: SECTION 1: That the annual Capital Reserve Fund Bud et of estimated expenses and receipts for the fiscal year beginning October 1, 1980, reflecting total revenues and transfers of $150,000.00 and expenditures of $0.00 as set forth in Exhibit A attached hereto sand made a part hereof as fully as if set forth herein be and the same is hereby adopted and approved by the Council of the City of Tamarac as the Capital Reserve Fund Budget for the Fiscal Year be- ginning October 1, 1980. SECTION 2: That the annual Debt Service Fund Budget of estimat expenses and receipts for the fiscal year beginning October 1, 1980, reflecting total revenues and transfers of $102,800.00and expenditures of $ 102,800.00 as set forth in Exhibit B attached hereto and made a part hereof as fully as if set forth herein be and the same is here- by adopted and approved by the Council of the City of Tamarac as the Debt Service Fund Budget for the Fiscal Year beginning October 1, 1980. SECTION 3: That the annual Parks and Recreation Capital Fund Budget of estimated expenses and receipts for the fiscal year be- ginning October 1, 1980, reflecting total revenues of $150,000.00 and total expenditures of $0.00 as set forth in Exhibit C attached hereto and made a part hereof as fully as if set forth hereir be and the same is hereby adopted and approved by the Council of the City of Tamarac as the Parks and Recreation Capital Fund Budget for the Fiscal Year beginning October 1, 1980. SECTION 4: That the annual Police Education Fund BudUet of estimated expenses and receipts for the fiscal year beginning October 1, 1980, reflecting total revenues of $ 5,000.00 and total expenditures of $5,000.00 as set forth in Exhibit D attached hereto and made a part hereof as fully as if set forth herein be and the same is hereby adopted and approved by the Council of the City of Tamarac as the 1 2 3 4 5 8 9 10 11 12 13 14 15 16 17 20 21 22 23 24 25 26 27 28 29 j2 33 34 35 36 Police Education Fund Budget for the Fiscal Year beginning October 1, 1980. SECTION 5: That the annual Self Insurance Fund Bud et of estimated expenses and revenues for the fiscal year beginning Ocotber 1, 1980, reflecting total revenues of $13,000.00 and total expenditures of $6,000.00 as set forth in Exhibit E attached hereto and made a part hereof as fully as if set forth herein be and the same is hereby adopted and approved by the Council of the City of Tamarac as the Self Insurance Fund Budget for the Fiscal Year beginning October 1, 1980. SECTION 6: That the annual Drainage Improvement Fund Budget of estimated expenses and revenues for the fiscal year beginning October 1, 1980, reflecting total revenues of $180,000.00and total expenditures of $0.00 as set forth in Exhibit F attached hereto and made a part hereof as fully as if set forth herein be and the same is hereby adopted and approved by the Council of the City of Tamarac as the Drainage Improvement Fund Budget for the Fiscal Year beginning October 1, 1980. SECTION 7: It is the intent of the City Council that the fund Budgets established by this Ordinance taken together with the General Fund, Federal Revenue Sharing Fund and Tamarac Utility East and Tamarac West budgets, adopted by separate ordinances constitute the entire operating ___budgets for the City of _Tamarac for F.i-scal _Yr.19.80-81 SECTION 8: Should any section or provision of this Ordinance or any portion hereof or any paragraph, sentence or word be declared by a court of competent jurisdiction to be invalid, such decision shall not affect the validity of the remainder hereof as a whole or any par - hereof other than the part declared to be invalid. SECTION 9: This Ordinance shall become effective immediately upon its final passage. 0 1 2 3 4 5 8 9 10 11 12 13 14 15 16 17 9 20 21 22 23 24 25 26 27 28 29 30 s2 33 34 35 36 PASSED FIRST READING this �' day of J , 1980. PASSED SECOND READING this �%day of 1980. 04 OR ATTEST: �= CITY CLERK I HEREBY CERTIFY that I have approved the form and correctness MAYOR: of this ORDINANCE. DISTRICT DISTRICT DISTRICT CITY ATTORNEY DISTRICT 3 RECORD OF COUNCIL VOTE ►] CITY OF TAMARAC Capital Reserve Fund Budget For Fiscal Year - 1980-81 Total City Re2uest Manager Expenditures: Expenditures -0- -0- Revenues & Transfers Interest Income 40,000 4o ,000 Transfer from General Fund 150,000 150,000 Total Revenues & Transfers 1902_000 1902000 Excess Revenue & Transfers Over Expenditures 9-30-81 190,000 190,000 Estimated Fund Balance 9-30-80 388,000 388,000 Estimated Fund Balance 9-30-81 578,000 575 8,000 I - NP. 4FO 1 /02 EXHIBIT "A" TEMP. ORD. #815 City Council CITY OF TAMARAC Debt Service Fund Budget - General Obligation Bonds For Fiscal Year - 1980-81 Total City Request Manager Expenditures: Interest Expense 37,800 37,800 Principal Expense 65,000 65,000 Total Expenditures 102,800 102,800 Revenues & Transfers: Appropriated Fund Balance 23,590 23,590 Interest Income 5,000 5,000 Transfer from General Fund 74,210 74,210 Total Revenues & Transfers 102,800 1022800 Estimated Fund Balance 9-30--80 133,000 133,000 Estimated Fund Balance 9-30-81 lOq,410 109,E+10 U, This is to provide for payment of principal on the $630,000 bond issue started 7-1-81. ©go. EXHIBIT "B" TEMP. ORD. #815 City Council QRi>.0S'a-/ov EXHIBIT "C" TEMP. ORD. #815 CITY OF TAMARAC Parks & Recreation Capital Fund Budget For Fiscal Year - 1980-81 Total City Regu_est Manager Expenditures: Capital Improvements -0- -0- Revenues: Interest Income 4o, 000 4o, 000 Developers & Other 110,000 110,000 Total Revenues 150,000 150,000 Excess Revenues Over Expenditures 9-30-81 150,000 150,000 Estimated Fund Balance 9-30-80 530,000 530,000 Estimated Fund Balance 9-?0-81 680,000 680,000 1 City Council EXHIBIT "D" TEMP. ORD. #815 L� CITY OF TAMARAC Police Education Fund Budget For Fiscal Year - 1980-81 Total City Request ManaEer Expenditures: Education 5,000 5,000 Total Expenditures 5,000 510000 Revenues: Police Education Fees 500`0 5,000 Total Revenues 5,000 5,000 Estimated Fund Balance Unappropriated 9-30-80 2,600 2,600 Estimated Fund Balance 9-30-81 2,600 2,600 City Council OR2> . -"'So - /o s.- EXHIBIT "E" TEMP. ORD. #815 CITY OF TAMARAC Self Insurance Fund - Budget For Fiscal Year 1980-81 Total City Request Manager Expenditures Auto Repairs 6_,000 61000 Total Exy;,.:nditures 6,000 6,000 Revenues & Transfers: Interest Income 3,000 3,000 Transfer from General Fund 5,000 5,000 Transfer from Utility West 51000 52000 Total Receipts 13,000 13,000 Excess Revenues & Transfers over Expenditures 9-30-81 7,000 7,000 Estimated Fund Balance 9-30-80 3�5 _0000 35,000 Estimated Fund Balance 9-30-81 42,000 42,000 City Council EXHIBIT "F" TEMP. ORD . # 815 CITY OF TAMARAC Drainage Improvement Fund For Fiscal Year - 1980-81 Expenditures: Expenditures Revenues• Drainage Fees Interest Income Total Revenues Excess Revenues over Expenditures 9-30-81 Estimated Surplus 9-30-80 Estimated Surplus 9-30-81 Total City City 2 u_est Manager Council -0- -0- 120,000 120,000 .60,000 60,000 180,000 180,000 135,000 135,000 8152000 815,000 950,000 950,000