Fort Walton Beach Ordinance — 1740 Adopt Budget FY07-08 — reading text

READING DATE 1st 2nd Ordinance 1740 AN ORDINANCE OF THE CITY OF FORT WALTON BEACH MAKING APPROPRIATIONS FOR CERTAIN EXPENDITURES, EXPENSES, CAPITAL IMPROVEMENTS AND CERTAIN INDEBTEDNESS OF THE CITY OF FORT WALTON BEACH, FLORIDA, FOR THE YEAR BEGINNING OCTOBER 1, 2007 AND ENDING SEPTEMBER 30, 2008; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Fort Walton Beach is coming to the end of its fiscal year and will begin a new fiscal year on October 1, 2007; and WHEREAS, it is necessary and required that prior to beginning a new fiscal year a and budget should be passed and adopted for the operation of the City government; WHEREAS, the City Council has held numerous workshops and the required public 30, hearings on a budget for the fiscal year beginning October 1, 2007 and ending September 2008, and WHEREAS, there is hereby established a tax at the rate of 4. 1986 mills on property assessed as of January 1, 2007 for the purpose of raising revenue for General Fund Operations. OF FORT NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY WALTON BEACH, FLORIDA: 1. That the document entitled " City of Fort Walton Beach, Florida Comprehensive FY 2007- 2008" comprises the total amount of $36, 610, 668 for all funds Budget reported. 2. The budget is being presented as a balanced budget whereby there are sufficient revenues to offset all estimated expenditures or expenses. 3. All budget appropriations are based upon the total expenditure and/ or expenses even summarized to a though the budget has been prepared based on line items, and categorical level. fund when 4. Appropriations may be transferred for the purpose of equalization within a needed by a budget transfer with the approval of the City Manager as necessary. This action will not change the total dollar amount of the budget. make any 5. The City Council during fiscal year 2007- 2008 may, by Resolution, amendments to the Budget adopted by this Ordinance, as it may deem necessary and proper.  6. All Budget Amendments requesting additional expenditures or expenses must also identify the corresponding funding source. 7. Debt service for the General Fund will be paid from operating revenues and/or transfers from the Debt Service Fund. Debt service for the Utilities and Golf Enterprise Funds will be paid from operating revenues from these Enterprise Funds. 8. Projects that were not completed during the prior fiscal year are carried forward as special projects and are funded with the corresponding carryover appropriations of the prior year. Special projects ( General Fund $ 185, 740, Law Enforcement Trust Fund $ 12, 075, Community Development Block Grant Fund $ 44, 335, Community Redevelopment Agency Fund $ 1, 741, 796, and Utilities Fund $ 4,783, 092) total 6, 767, 038 and are commitments incomplete as of September 30, 2007 and will be continued and made a part of the 2007- 2008 appropriations. 9. Cash balance reserves shall be carried forward for prior year encumbrances ( open purchase orders) in the amount of $1 , 368, 224 reappropriated, which will be paid from revenues collected in FY 2007- 08. 10. This ordinance shall become effective on and after October 1, 2007. ADOPTED: .~~. b /~ dCtJZ'- MAYOR: 14uk. MIKE ANDERSON EN SPENCER ITY CLERK APPROVED AS TO FORM A LEGAL SUFFICIENCY: JJ n^- I< Q\ ( TONI L.CRAIG, CITY A TTO  CITY OF FORT WALTON BEACH FY 2007- 08 Project Carry- Overs Council Meeting 09/ 19/ 07 Dept Account Project Amount City Council 001- 8500- 519- 3100 Brownfields Program Seed Money 20,000 City Manager 001- 8560- 512- 6997 FWBTV 16, 982 Police 001- 8500- 519- 5225 K- 9 Donations 5, 293 Police 001- 8502- 521- 6997 Fit Force Program 475 Police 001- 8044-521- 6997 Public Safety Complex 10, 028 Fire 001- 8565- 522- 5200 CERT Training - WalMart 677 Parks & Rec 001- 8067- 572- 6997 Liza Jackson Park Improvements 88,407 Parks & Rec 001- 8500- 519- 6310 Liza Jackson Walking Path 291 Parks & Rec 001- 8500- 519- 5224 Vending Machine Revenue 36 Senior Ctr 001- 8500- 519- 5223 Aluminum Can Revenue 815 Library 001- 8500- 519- 5223 Passport Fees - Library 4,463 Museum 001- 8500- 519- 5223 Passport Fees - Museum 3, 330 Public Works 001- 8500- 519- 5223 Earth Day Donations 1, 905 Streets 001- 8019- 541- 6997 Storm Drainage (on- going program) 33, 038 Total - General Fund 185, 740 LETF 102- 8567-521- 6997 FDLElChildren' s Justice Act 1, 003 LETF 102- 8576- 521- 6997 2005 Justice Assistance Grant 665 LETF 102- 8577-521- 6997 2007 Justice Assistance Grant ( 2) 10,407 Total - Law Enf. Trust Fund 12, 075 CDBG 107- 8900- 554- 5200 Fair Housing 294 CDBG 107-8910-554- 5207 Land Clearance 300 CDBG 107- 8930- 554- 4650 World/ City Changers 21, 026 CDBG 107- 8930- 554- 5207 Housing Rehabilitation 21, 249 CDBG 107- 8940-554- 5251 Public Services 1, 466 Total - CDSG Fund 44,335 CRA 109- 8000- 552- 3400 Architectural Regulations Manual 65, 000 CRA 109- 8000- 552- 4700 CRA Plan Update 3, 019 CRA 109- 8000- 552- 6355 Matching Landscape Grant - Beach Community Bank 19,000 CRA 109- 8018- 541- 6997 Pavement Improvement (on- going program) 31, 895 CRA 109- 8019-538- 6997 Storm Drainage (on- going program) 195, 022 CRA 109- 8056- 533- 6997 Water Line Replacement (on- going program) 44,443 CRA 109- 8068-552- 6997 Attainable Housing Partnership ( on- going program) 540,445 CRA 109- 8097- 572- 6997 Sound Park 16, 318 CRA 109- 8118- 573- 6997 Heritage Park 2, 755 CRA 109- 8306- 541- 6997 Sidewalk Improvements (on- going program) 81 ,766 CRA 109- 8357-552- 6997 Street Signs & Graphics ( on- going program) 33, 284 CRA 109- 8361- 541- 6997 Brooks Bridge Parking Lot 83, 500 CRA 109- 8488-552- 6997 E91in Parkway Master Plan