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Home My Public Portal AboutORD 05/04ORDINANCE NO. 05/04 AN ORDINANCE OF THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, PALM BEACH COUNTY, FLORIDA, ADOPTING THE GENERAL FUND BUDGET FOR THE TOWN OF GULF STREAM FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2005 AND ENDING ON SEPTEMBER 30, 2006. NOW THEREFORE, BE IT ORDAINED BY THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, FLORIDA THAT:2, 176, 7-5-7 SECTION 1. The proposed expenditures in the final budget are $2,216;38. The budget is based upon taxable value of real property of $582953,216, personal property of $4,996,812 and anticipated non -ad valorem revenue of $370,400. SECTION 2. The final budget, attached hereto as Exhibit A, is approved and shall become effective at the beginning of the 2005 - 2006 fiscal year, and the taxing authority funds may be expended commencing on October 1, 2005. SECTION 3. Funds of the 2004 - 2005 final budget not expended during the current fiscal year 2004 - 2005 may be used and expended during subsequent year(s). SECTION 4. All other Ordinances of the Town of Gulf Stream, Florida or parts thereof which conflict with this or any part of this Ordinance are hereby repealed. SECTION 5. This Ordinance shall take effect immediately upon its passage. PASSED AND ADOPTED in a regular, adjourned session on first reading this Stn day of September, 2005, and for a second and final reading on this 21St day of September, 2005. (J /�//: F M OR '- ATTEST: r 1 _ TOWN COMMISSION ORDINANCE NO. 05/04 AN ORDINANCE OF THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, PALM BEACH COUNTY, FLORIDA, ADOPTING THE GENERAL FUND BUDGET FOR THE TOWN OF GULF STREAM FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2005 AND ENDING ON SEPTEMBER 30, 2006. NOW THEREFORE, BE IT ORDAINED BY THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, FLORIDA THAT: SECTION 1. The proposed expenditures in the final budget are $2,170,757. The budget is based upon taxable value of real property of $582,953,216, personal property of $4,996,812 and anticipated non -ad valorem revenue of $370,400. SECTION 2. The final budget, attached hereto as Exhibit A, is approved and shall become effective at the beginning of the 2005 — 2006 fiscal year, and the taxing authority funds may be expended commencing on October 1, 2005. SECTION 3. Funds of the 2004 — 2005 final budget not expended during the current fiscal year 2004 — 2005 may be used and expended during subsequent year(s). SECTION 4. All other Ordinances of the Town of Gulf Stream, Florida or parts thereof which conflict with this or any part of this Ordinance are hereby repealed. SECTION 5. This Ordinance shall take effect immediately upon its passage. PASSED AND ADOPTED in a regular, adjourned session on first reading this 9th day of September, 2005, and for a second and final reading on this 21St day of September, 2005. M OR ATTEST: TOWN COMMISSION TOWN OF GULF STREAM General Fund EXPENDITURES Administration and General Salaries ADOPTED ACTUAL FINAL 6.36 Benefits BUDGET ASOF BUDGET 14.02 Postage 10/1/2004 1,340 10/1/2005 % Change Printing 9/30/2005 4/30/2005 9/30/2006 0.00 REVENUE 4,000 1,790 4,000 0.00 Property Taxes $1,758,869 $1,693,759 $1,865,330 6.05 Discount on Taxes (61,500) (61,362) (64,973) 5.65 Fines 6,500 4,903 7,000 7.69 Permits 26,000 13,385 49,000 88.46 Licenses 16,500 13,075 16,500 0.00 Telecommunication Service Tax 40,400 24,898 48,000 18.81 Franch FPL 72,500 42,281 90,000 0.00 Franch. Gas 2,100 2,239 3,500 66.67 Other 10,000 11,075 12,000 20.00 FL Gas Tax Refund 1,000 667 3,000 200.00 FL Rev. Sharing 11,200 8,587 15,500 38.39 Half Cent Sales Tax 47,500 27,656 49,000 3 County Gas Tax 29,000 16,409 31,000 6.90 Payment in Lieu of Taxes (Water) 19,900 19,900 19,900 0 Int. Income 20,025 20,196 26,000 29.84 Total $1,999,994 $1,837,668 $2,170,757 8.54 FUND BALANCE (65,000) (65,000) (65,000) 0.00 Desig. for Sub. Years $0 0 0 0.00 Total 0 0 0 0.00 Total Rev. and Fund Bal. $1,999,994 $1,837,668 $2,170,757 8.54 EXPENDITURES Administration and General Salaries $224,250 $121,465 $238,501 6.36 Benefits 77,893 44,126 88,817 14.02 Postage 5,500 1,340 4,500 (18.18) Printing 2,000 1,120 2,000 0.00 Office Supplies 4,000 1,790 4,000 0.00 Communication 7,500 4,113 7,000 (6.67) Electiic 6,500 2,841 6,400 (1.54) Water 8,600 7,773 9,600 11.63 Travel Per Diem 15,000 7,379 12,000 (20.00) Building Maintenance 6,500 2,219 5,500 (15.38) Lawn Maintenance 5,000 2,788 10,000 100.00 Insurance 73,000 55,364 73,000 0.00 Legal 39,000 9,171 30,000 (23.08) Engineering 11,000 15,713 11,000 0.00 Accounting /Audit 12,000 14,650 15,500 29.17 Dues & Memberships 3,500 3,500 3,500 0.00 Legal Advertising 2,000 169 1,900 (5.00) Other 5,000 4,702 5,000 0.00 Town Library 2,000 2,000 2,000 0.00 Training 5,000 3,255 5,000 0.00 ARPB - Legal 6,500 1,900 5,000 (23.08) Contra - Water Fund Management Fees (65,000) (65,000) (65,000) 0.00 Capital Outlay 34,225 60,304 45,000 31.48 Copy Machine Lease 6,000 2,747 6,000 0.00 Operating Supplies - Computer Repairs 10,000 4,483 9,500 (5.00) Total Administration 506,968 309,912 535,718 5.67 Page 2 TOWN OF GULF STREAM General Fund STREETS Salaries ADOPTED ACTUAL FINAL 8.53 Benefits BUDGET ASOF BUDGET 13.26 Maintenance, Repairs & A 1 A 10/1/2004 56,679 10/1/2005 % Change Uniforms 9/30/2005 4/30/2005 9/30/2006 0.00 POLICE 12,000 6,560 12,000 0.00 Salaries $622,672 $356,087 $686,138 10.19 Benefits 205,512 113,754 244,046 18.75 Communication 10,000 6,444 6,000 (40.00) Electric 2,400 1,347 2,400 0.00 Printing 400 193 400 0.00 Uniforms & Equip. 10,500 5,380 10,500 0.00 Legal 2,500 0 2,500 0.00 Travel Per Diem 4,500 1,600 4,000 (11.11) Building Maintenance 2,000 4,213 2,000 0.00 Vehicle Maintenance 5,800 4,665 5,800 0.00 Uniform Cleaning 2,000 1,165 2,000 0.00 Fuel 17,000 11,488 17,000 0.00 Radio Contract 44,000 43,958 45,800 4.09 Office Supplies - Computer Repairs 4,500 4,360 4,700 4.44 Crime Prevention 4,500 3,760 4,500 0.00 Capital Exp. 41,380 30,084 67,500 63.12 Total Police $979,664 $588,498 $1,105,283 12.82 FIRE Fire Contract $146,400 81,265 $152,000 3.83 Maintenance Repair 3,000 1,602 3,000 0.00 Total Fire $149,400 82,867 $155,000 3.75 STREETS Salaries $33,170 $19,258 36,000 8.53 Benefits 14,995 8,525 16,984 13.26 Maintenance, Repairs & A 1 A 35,000 56,679 38,000 8.57 Uniforms 550 429 550 0.00 Lighting 12,000 6,560 12,000 0.00 Communication 1,000 128 500 8.54 Supplies 3,500 947 3,000 (14.29) Rental and Leases 500 8 500 0.00 NPDES 2,500 3,100 3,500 40.00 Capital 120,900 22,498 113,000 (6.53) Total Streets $224,115 $118,132 $224,034 (0.04) SANITATION Garbage Collection 137,700 77,746 141,722 2.92 Equipment 500 0 500 0.00 Disposal Fees 1,647 934 8,500 416.09 Total Sanitation $139,847 $78,680 $150,722 7.78 CONTINGENCY $0 $0 $0 TOTAL EXPENSES $1,999,994 $1,178,089 $2,170,757 8.54 Effect on Fund Balance $0 $659,579 $0 Page 3