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HomeMy Public PortalAboutRES 88/06RESOLUTION NO. 88 -6 A RESOLUTION OF THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, PALM BEACH COUNTY, FLORIDA, PROVIDING FOR ADOPTION OF A BUDGET FOR THE TOWN'S FISCAL YEAR COMMENCING OCTOBER 1, 1988, AND ENDING ON SEPTEMBER 30, 1989, AND APPROPRIATING THE NET REVENUE OF THE WATER FUND TO THE GENERAL FUND FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 1988, AND ENDING ON SEPTEMBER 30, 1989. BE IT RESOLVED BY THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, FLORIDA that: (1) The BUDGET for the Town of Gulf Stream, for the Fiscal Year commencing October 1, 1988, and ending on September 30, 1989, a detailed copy which is attached hereto and reflects, in part, total estimated General Fund and Water Fund expenses for said Fiscal Year in the amount of $977,100 and $199,500 respectively, be hereby approved and adopted, disbursements for which to be made only under the categories of anticipated expenses in the identified classification of expenditures as set forth in said Budget and for no other purpose than those for which they are appropriated unless so authorized by Act of the Commission of the Town of Gulf Stream. (2) The sums of monies set forth under Revenue in the attached Budget, General Fund total revenue $977,100 and Water Fund total revenue $253,000 be, and hereby are, approved for the purpose of providing sufficient and necessary funds for operation and maintenance of the Town during said Fiscal Year commencing October 1, 1988. (3) The net revenue of the Water Fund, for the Fiscal Year October 1, 1988, thru September 30, 1989, be hereby appropriated to the General Fund. PASSED AND ADOPTED ON THE 30th DAY OF EPTEMBER, 1988. MAYOR VICE MAYOR COMMISSIONER COMMISSIONER COMMISSIONER ATT T: TOWN CLERK G ENF °JK� FUND PROPOSED PROPOSED BUDGET ACTUAL BUDGET 1987- 10/1/87 - 1988- 1988 8/31/88 1989 aenue: Taxes 612,799 614,018 658,400 Fines 6,500 9,196 8,500 Permits 9,000 10,680 11,000 Licenses 14,000 15,882 16,000 Alcoholic Beverage Licenses 500 456 500 Trash Collection 55,000 62,803 68,000 Franchise FL Power & Light Co. 52,000 58,814 55,000 Franchise So. Bell Tele & Tele Co. 1,000 1,069 1,000 Interest Income 13,000 15,038 16,000 State of Florida - Gasoline Tax. Refund 900 1,037 1,000 Florida Revenue Sharing 9,700 8,985 9,200 Cigarette Tax Refund 1,900 1,921 2,000 Franchise Cable TV 2,400 2,795 3,000 Other Revenue 2,000 9,767 2,500 Half Cent Sales Tax 25,400 23,325 25,000 County Gasoline Tax 19,000 18,652 20,000 Net Revenue - Water Fund 46,600 40,000 50,000 Surplus from prior Budget Years 30,000 -0- 30,000 Due from Dxeding Fund 36,150 36,338 -0- Due from Construction Fund 4,000 4,000 -0- Total Revenue 941,849 934,776 977,100 EXPENDITURES 4INISTRATIVE & GENERAL Manager's & Clerk's Salary 48,793 44,901 48,800 Postage, Printing & Stationery 2,600 2,648 2,500 Office Supplies & Expenses 3,300 2,670 3,000 Telephone 10,000 8,111 10,000 Electricity 8,000 8,078 8,600 Transportation 4,800 3,883 4,800 Building Maintenance 4,000 3,037 4,000 Lawn Maintenance 3,000 749 1,500 Insurance 45,000 55,094 56,000 Insurance - Medical - All Employees 26,800 23,520 26,000 Secretarial Service - Vacation /Assist. 400 1,225 1,500 Payroll Taxes - All Employees 30,400 30,137 34,800 Bookkeeping Service 3,000 2,640 3,200 Retirement Plan - All Employees 24,000 18,549 21,000 Legal & Professional 20,000 28,471 24,000 Misc. - Dues 900 916 900 Legal Advertising 900 319 600 Other 3,000 1,462 3,000 Town Library 1,800 1,800 1,800 Emergency Medical Services 2,000 1,223 2,000 Planning & Zoning Board Expenses 2,000 1,800 2,000 Code Enforcement Officer 9,600 8,677 10,000 Discount on Taxes 20,000 21,950 22,000 r -pital Expenditures - Administrative 2,000 600 -0- Total 276,293 272,460 292,000 PROPOSED PROPOSED BUDGET ACTUAL BUDGET 1987- 10/1/88- 1988- 1988 8731/88 1989 I :CE DEPARTMENT Salaries 351,054 305,004 351,000 Uniforms, Equipment & Supplies 15,000 10,534 12,000 kuto Maintenance 21,000 16,800 18,000 leaning Uniforms 2,000 1,673 1,800 Radio Service & Repair 20,000 23,912 20,000 rime Prevention & Training 3,500 552 3,500 �apital Expenditures 29,000 26,876 13,000 Cotal 441,554 385,351 419,300 SIRE PROTECTION 'ire Contract Cost 50,000 46,479 48,000 laintenance Repair 1,000 -0- 1,000 'otal 51,000 46,479 49,000 ;TREETS & EASEMENTS 1,600 1,569 1,600 iaintenance, Repairs & Supplies 3,000 2,055 3,000 sighting 12,000 10,551 12,000 signs 1,000 -0- 500 ' 1 16,000 12,606 15,500 ANITATION DEPARTMENT 'salaries 61,402 54,243 61,400 arbage Collection Contract 66,000 71,619 80,000 quipment Maintenance & Service 8,000 3,424 5,000 'niforms 1,600 1,569 1,600 Disposal Fees 18,000 25,525 27,000 'apital Expenditures 2,000 -0- 1,000 'otal 157,002 156,380 176,000 ROPOSED NEW ITEMS .I.N.D. Expenses 5,000 mployee Pay Raises - 4% 20,300 otal Proposed New Items 25,300 otal General Fund Expenses 941,849 873,276 977,100 PROPOSED 240,000 PROPOSED BUDGET ACTUAL BUDGET 1987- 10/1/88- 1988- 1988 8/31/88 1989 WATER FUND tcr:vnauz: From Sales 240,000 240,161 250,000 Interest from Invested Surplus Fund 2,500 2,493 3,000 Total Water Revenue 242,500 242,654 253,000 EXPENDITURES: Cost of Water 168,000 168,066 175,000 Repairs 18,000 10,858 16,000 Meter Reading 3,000 1,925 2,500 Computer Billing & Collection 3,300 3,917 4,000 Assistant Town Clerk 400 1,225 1,500 Postage - Printing & Stationery 500 -0- 500 a1 Expenditures 193,200 185,991 199,500 NET REVENUE 49,300 56,663 53,500 -0 r W W W °' rn r Ul w w x Di • • • OJ N Fj W O Ln r Ln 01 co W O N r J W w 00 W W W %D N r I 0 c� En H 1 , � F, H ft �i m �e k r a r rt mrr rt mn m r r p, r m ~ m II II w �i `q C to 0 x a r� m m m r_ IN w r m r rn w �' a try r to w w a m Q w m w rr m r rn r w N � w H l0 ON O O v r Ln V1 O W O W tD -1 r W O W -1 N n N v .. r v -M II II r O� N co W • w W % In dW da w Ln r cn � Im oo G� H O O rn ►-+ O r N w m m w O O m O N rt ft a n r o a F-6 rn -W r r+ a � rn mp� N ►i �+ rn r Oth. 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