HomeMy Public PortalAboutRES 94/12RESULUTIUM 94 -12
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T IF GULF ST14EM
FOR FISCAL YEAR SING III OCI It 1994
AND ENDINS EMI SEFqUMNIER 30, 1995
BE IT RESDLVED 8V THE TO MI ISSIGII W
THE TEM IF 1SI11LIF S;TWAM THAT:
SmUnn i' The proposed expenditures in the final budget are $1,215,200.00. The
budget is based upon taxable value of real property of$272,659,578.00, personal
property of $2,836,602.00 and anticipated non -ad valorem revenues of $308,900.00.
Sectinn 2. The final budget is approved and shall become effective at the
beginning of the 1994 - 1995 fiscal year, and the taxing authority funds may be
expended commencing on October 1, 1994 and ending on September 30, 1995.
Section 3. Funds of the 1993 - 1994 final budget not expended during the current
fiscal year 1993 - 1994 may be used and expended during subsequent fiscal
year (s).
PASSED AND ADOPTED THIS 21ST DAY OF SEPTEMBER, 1994.
ATTEST
/ 4 i
Town Clerk
r f
Qom._ i
Vice Mayor
Cam !ioner
ommissioner
Commissioner
ry
�.y C
ATTEST
/ 4 i
Town Clerk
r f
Qom._ i
Vice Mayor
Cam !ioner
ommissioner
Commissioner
T
,!
BLEME-T
10/1!93
ALITUAL
10/01/93
BllGET
10 /01 /94
9rJ0f94
7/31f94
9/30f95
903,560
$ 899,220
$ 906,300
Taxes
13,000
5,349
6,000
Fines
13,000
11,603
13,700
Permits
14,000
8,332
12,250
Licenses
Franchise F1 Power & Light Company
68,000
53,342
1,293
68,000
1,300
Franchise So. Bell Tele & Tele Co.
2,968
4,100
Franchise Cable TV
4,1200
11,000
119001
11,000
Interest Income
500
845
800
Alcoholic Beverage Licenses
1,400
2,240
1,500
Other Revenue
1,100
786
11100
Florida Gas Tax Refund
8,800
5,864
8,700
Florida Revenue Sharing
2,1 00
1,604
2,100
Cigarette Tax Refund
39,800
29,701
41,550
Half Cent Sales Tax
29,5 00
22,911
31,800
County Gasoline Tax
35,000
22,219
35,000
Net Revenue - Water Fund
1,146,060
19079,278
1,145,200
Total Revenue
FLM PnL
Designated for Subsequent Year's Budget
65,000
65,000
65,000
70,000
70,000
Total Fund Balance
65,000
Total Revenue and Fund Balance
1,211,060
- 1,144,278
- 1,215,200
EITIRES
AD"11KISTiRATIVE AND GEWERAL
99,661
127,750
Salaries
122,720
32,600
27,167
34,350
Employee Benefits
3,000
2,751
3,500
Postage, Printing & Stationery
3,000
4,331
4,500
Office Supplies & Expenses
8,800
6,359
8,800
Telephone
5,800
4,462
5,800
Electricity
8,800
6,688
81800
Transportation
11,450
4,714
6,000
Building Maintenance
4,400
3,039
4,800
Lawn Maintenance
60,000
49,506
55,000
Insurance
3,900
3,100
4,900
Bookkeeping Service
53000
37,993
40,000
Legal & Professional
,
1,800
2,082
2,000
Misc. - Dues
4,000
2,005
4,000
Legal Advertising
1,000
252
1,480
Other
1,800
1,800
11800
Town Library
3,000
293
3,000
Training
5,000
3,030
6,800
Planning & Zoning Board Expenses
31,170
24,900
31,700
Discount on Taxes
2,600
2,079
2,530
Copy Machine Lease
367,840
291,212
$ 357,510
TOTAL
TU MI OF SSE SiTFiEM
SET `KERR cif YEAR aA)6ET YERR OLIDGET YE
91 — 92 92 — 93 93 — 94 94 — 95
Taxable Value
$267,039,633
$264,741,269
$271,611,328
$275,496,180
Taxes
882,800
864,500
898,898
906,300
Operating Millage
Rate
3.3059
3.2655
3.3095
3.2897(1)
Debt Service
Millage Rate
.8141
.8058
.7527
.7434
Total Millage 4.1200
Rolled Hack Millage
Rate
i mil = 275,496
.1 mil = 27,550
4.0713 4.0622
3.3109 3.3045 3.1609
(1) = same as the rolled back rate
4.0331
3.2897
Tom OF GULF
Statement of Funds Designated for Landscaping Improvements ::
Fund Balance - October 1, 1993
Transactions
Fund Balance - September 30, 1994
Statement of Funds Designated for Compensated Absences:
Fund Balance - October 1, 1993
Transfer from undesignated funds
Fund Balance - September 30, 1994
Statement of Funds Designated for Capital Improvements:
Fund Balance - October 1, 1993
Transactions
Fund Balance - September 30, 1993
Statement of Designated Funds for Subseguent Years Budget:
20,245
20,245
- 0 -
33,000
20,000
53,000
17,052
- 0-=
17,052
Fund Balance - October 1, 1993 65,000
Transfer from undesignated funds 5,000
Fund Balance - September 30, 1994 70,000