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Home My Public Portal AboutRES 91/06RESOLUTION NO. 91 -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, 1991 AND ENDING ON SEPTEMBER 30, 1992, AND APPROPRIATING THE NET REVENUE OF THE WATER FUND TO THE GENERAL FUND FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 1991 AND ENDING ON SEPTEMBER 30, 1992. 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, 1991, and ending on September 30, 1992, a detailed copy of which is attached hereto and reflects, in part, total estimated General Fund and Water Fund expenses for said Fiscal Year in the amount of $1,149,900 and $203,200 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 $1,149,900 and Water Fund total revenue $254,000, 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 commensing October 1, 1991. (3) The net revenue of the Water Fund, for the Fiscal Year October 1, 1991, thru September 30, 1992, be hereby appropriated to the General Fund. PASSED AND ADOPTED ON THE 24TH DAY OF SEPTEMBER, 19 1 MAYOR (SEAL) ATTEST t- ti TOWN CLERK ; VICE MAYOR COMMISSIONER COMMISSIONER L' ,, i �� ace- -, COMMISSIONER GENERAL FUND 110,700 102,017 PROPOSED Postage, Printing & Stationery 2,000 ACTUAL BUDGET Office Supplies & Expenses BUDGET 10/1/90 10 /1/91 REVENUE: 1990 - 1991 8/31/91 9/30/92 Taxes $ 870,335 $ 865,760 $ 882,800 Fines 12,000 14,641 16,000 Permits 14,000 13,299 12,000 Licenses 20,000 20,533 20,000 Alcoholic Beverage Licenses 500 456 500 Franchise Fl Power & Light Company 60,000 50,358 60,000 Franchise So. Bell Tele & Tele Co. 1,100 1,129 11100 Interest Income 20,000 27,344 20,OOC Florida Gas Tax Refund 800 690 800 Florida Revenue Sharing 8,500 6,926 8,500 Cigarette Tax Refund 1,900 1,363 1,400 Franchise Cable TV 2,900 3,469 3,300 Other Revenue 1,500 5,503 1,500 Half Cent Sales Tax 27,000 21,001 26,000 County Gasoline Tax 21,000 19,840 21,000 Net Revenue - Water Fund 45,000 46,978 45,000 Surplus from Prior Budget Year 15,400 338 30,)00 Total Revenue 1,121,935 1,099,628 1,149,900 EXPENDITURES: ADMINISTRATIVE AND ORAL Salaries 110,700 102,017 108,300 Postage, Printing & Stationery 2,000 1,496 2,000 Office Supplies & Expenses 3,000 4,916 3,000 Telephone 7,500 5,907 6,500 Electricity 7,200 6,491 7,200 Transportation 8,400 8,458 8,800 Building Maintenance 6,000 5,549 6,000 Lawn Maintenance 2,800 1,951 2,800 Insurance 42,000 46,371 37,000 Insurance - Medical - All Employees 40,000 32,419 42,000 Payroll Taxes - All Employees 35,100 28,396 35,600 Bookkeeping Service 3,400 3,135 3,800 Retirement Plan - All Employees 12.6 %. 43,500 39,477 56,500 Legal & Professional 75,000 53,618 65,000 Misc. - Dues 600 1,447 1,400 Legal Advertising 3,000 7,428 7,000 Other 2,000 - 0 - 1,000 Town Library 1,800 11800 11800 Training 2,250 - 0 - 3,000 Emergency Medical Services - 0 - 13,459 28,000 Planning & Zoning Board Expenses 2,000 2,000 2,000 Code Enforcement Officer 10,400 10,550 2,900 Discount on Taxes 28,600 28,114 30,300 Comprehensive Plan 11,000 - 0 - - 0 - Capital Expenditures - Administrative 11000 826 - 0 - TOTAL $449,250 $405,325 SL61,9� >o Salaries Accumulated Time Off Uniforms, Equipment & Supplies Auto Maintenance Car Allowance Cleaning Uniforms Radio Service & Repair Crime Prevention & Training Capital Expenditures TOTAL FIRE PROTECTION: Fire Contract Cost Maintenance Repair TOTAL STREETS & EASEMENTS. Maintenance, Repairs & Supplies Lighting Signs TOTAL �" �2 Salaries Garbage Collection Contract Equipment Maintenance & Service Uniforms Disposal Fees TOTAL RESERVE FOR CONTINGEPCIES: Total General Fund Expenses PROPOSED NEW ITEMS: Recodification of ordinances Medical Examinations Copy machine lease TOTAL TOTAL GENERAL FUND EXPENSES ACTUAL BUDGET 10/1/90 1990 - 1991 8/31/91 327,070 $ 259,923 10,000 5,151 10,000 8,780 18,000 13,201 3,600 3,600 11800 1,423 20,700 20,000 3,000 1,497 33,150 28,924 427,320 342,499 67,845 72,901 11000 - 0 - 68,845 72,901 3,000 4,139 12,000 10,499 600 350 15,600 14,988 18,720 17,280 102,400 92,451 9,200 9,784 600 550 - 0 - 1,996 130,920 122,061 301,000 - 0 - 1,121,935 958,274 PROPOSED BUDGET 10 /1/91 9/30/92 $ 329,700 10,000 12,300 15,000 4,800 1,800 20,700 6,900 31,700 432,900 81,000 1,000 82,000 4,000 12,000 600 16,600 19,800 103,800 4,000 600 1,300 129,500 15,000 1,137,900 7,000 2,500 2,500 12,000 $1,149,900 PROPOSED ACTUAL BUDGET BUDGET 10/1/90 1011/91 1990 - 1991 8/31/91 9130/92 WATER FUND Revenue: From Sales $ 250,000 $ 286,673 $ 250,000 Interest from Invested Surplus Fund 4,000 4,255 41000 Total Water Revenue 254,000 290,928 254,000 EXPENDITURES: Cost of Water 175,000 216,292 175,000 Repairs 16,000 17,792 16,000 Meter Reading 2,500 2,490 2,500 Computer Billing 4,000 4,040 4,000 Postage, Printing & Stationery 500 533 500 Computer billing program 1,600 750 1,600 Conservation 3,600 2,053 3,600 Total Expenditures 203,200 243,950 203,200 NET REVENUE $ 50,800 $ 46,978 $ 50,800 TOM OF GULF STREAM Total Millage Rolled Back Millage Rate 5.9132 6.0518 5.2429 5.9434 4.4363 4.3123 3.6631 4.0670 1 mil = 267,040 (1) _ .0050% less than rolled back rate 1 mil = 26,704 4.1200 3.3109 ( BUDGET YEAR BUDGET YEAR BUDGET YEAR BUDGET YEAR BUDGET YEAR 87 — 8R 88 — 89 99 — 90 90 — 91 91 —92 Taxable Value $138,133,122 $143,632,869 $181,292,013 $183,375,018 $267,039,633 Taxes 612,799 658,399 741,508 872,370 882,800 Operating Millage Rate 4.4363 4.5839 4.0901 4.7573 3.3059 Debt Service Millage Rate 1.4769 1.4679 1.1528 1.1861 .8141 Total Millage Rolled Back Millage Rate 5.9132 6.0518 5.2429 5.9434 4.4363 4.3123 3.6631 4.0670 1 mil = 267,040 (1) _ .0050% less than rolled back rate 1 mil = 26,704 4.1200 3.3109 (