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Fort Walton Beach Ordinance — 1233--Fiscal Year 93-94 Budget — reading text

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I:: Q) tf) 1j ( 1j ~ 1j 3 Q) r-! I:: o r-! P-I tJ Q) 0 tf) I:: I:: P::: r-! Q} Q} 1 E-t CIJ Q} 0 tJ+J tf) I I I I I" I:: tJ Q} 1jQ) I:: tJ I:: ~ 1j ~ L..... r-! r-! ' S~ Q 0 r: tf) Q} P::: xvi CITY OF FORT WALTON BEACH oW FUND STRUCTURE GENERAL FOND SPECIAL REVENUE FOND Utility Tax Fund vd Law Enforcement Trust Fund Community Development Block Grant iO'III! I, DEBT SERVICE FOND CAPITAL PROJECTS FOND MIlt ENTERPRI SE FOND Water Operating Fund Sewer Operating Fund TRUST AND AGENCY FOND Community Redevelopment Agency ( Expendable Trust Fund) FUND DESCRIPTION GENERAL FOND To account for all financial resources except those to be accounted for in another fund. SPECIAL REVENUE FOND - To account for the proceeds ofspecific revenue sources that are legally restricted to expenditures for specific purposes. DEBT SERVICE FOND - To account for the accumulation of resources for, and the payment of general long- term debt principal and interest. CAPITAL PROJECTS FOND - To account for financial resources to be used for the acquisition or construction of major capital facilities or equipment. ( Other than those financed by proprietary funds, special assessment funds and trust funds). ENTERPRISE FONDS - To account for the operations that are financed and operated in a manner similar private business enterprise - where the to intent of the governing body is that the cost ( expenses, including depreciation) of providing goods and services to the general public on a continuing basis be financed or recovered primarily through user charges. TRUST AND AGENCY FOND - To account for assets held by a governmental unit in a trustee capacity agent or as an for individuals. private organizations, other governmental units, and/ or other funds. xvii II I r I.,?~ " f< City of Fort Walton Beach I ;.~._. . ." I 1-- - - 1' Vc::. A.- :.. _ _ _, , T'TllfUYrU4 4- 8~ ' 8~ ) j I ty... 1..~...!... j r ; I r~ 1233 Oi~/"1l-a J1. c-e AN ORDINANCE MAKING APPROPRIATIONS FOR CERTAIN E1PKNDITURES. EXPKNSES. CAPITAL' IHPROVEKKtlr ' S AND CERTAIN INDEBTEDNESS OF THE CITY OF FORT WALTON BEACH. FLORIDA. FOR THE YEAR BEGINNING OCTOBER 1. 1993 AND ENDING SEPTEMBER 30. 1994. PROVIDING THE EFFECTIVE DATE HEREOF. II WHEREAS. the of Fort Walton Beach is coming to the conclusicn of II City I' its fiscal year and will enter into a new fiscal year on October 1, 1993 and Ii WHEREAS. it is necessary and required that prior to entering i!1~ o a I fiscal year a bucget should be passed and adopted for the operation of the City i and i government: I I WHEREAS. the City Council has held numerous workshops and the re~~ired public hearings on a budget for the fiscal year beginning October 1, 1993 ~ nd II ending September 3D, 1994. W. l<<>THEREFORE. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OP FORT WALTON I I I

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