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Fort Walton Beach Ordinance — 1233--Fiscal Year 93-94 Budget — reading text
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xvi
CITY OF FORT WALTON BEACH
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FUND STRUCTURE
GENERAL FOND
SPECIAL REVENUE FOND
Utility Tax Fund
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Law Enforcement Trust Fund
Community Development Block Grant
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DEBT SERVICE FOND
CAPITAL PROJECTS FOND
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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
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City of Fort Walton Beach
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1233
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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
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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
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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
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