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Home My Public Portal AboutRES 93/10RESOLUTION NO. 93 -10 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, 1993 AND ENDING ON SEPTEMBER 30, 1994, AND APPROPRIATING THE NET REVENUE OF THE WATER FUND TO THE GENERAL FUND FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 1993 AND ENDING ON SEPTEMBER 30, 1994. 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, 1993, and ending on September 30, 1994, 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 $1,211,060 and $267,500 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 $1,211,060 and Water Fund total revenue $302,500, 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, 1993. (3) The net revenue of the Water Fund, for the Fiscal Year October 1, 1993, thru September 30, 1994, be hereby appropriated to the General Fund. PASSED AND ADOPTED ON THE 21ST DAY OF SEPTEMBER, 1993. MAYOR (SEAL) ATTEST 14� Cl- Ir- Q�s-- VICE MAYOR COMMISSIONER ": J'h &',', r ll�L COMM SIONER /��1^1 e2�2 j lY IIIIA'ewl COMMISSIONER EX II : 11MI TM'TIIVE AM GENERML Salaries 118,150 Ai i xevisea 122,720 Employee Benefits cif ACUANL u Postage, Printing & Stationery 10/1192 10/1/92 10/1 F93 '• 9/30193 9/311193 9/30/94 Taxes $ 864,500 $ 858,464 $ 903,560 Fines 12,000 12,489 13,000 Permits 11,000 12,882 13,000 Licenses 14,600 13,761 14,000 Franchise Fl Power & Light Company 61,000 63,504 68,000 Franchise So. Bell Tele & Tele Co. 11200 1,156 1,200 Franchise Cable TV 3,900 4,179 4,100 Interest Income 10,000 11,948 11,000 Alcoholic BeveraQ_e Licenses 500 - 0 - 500 Other Revenue 700 1,176 1,400 Florida Gas Tax Refund 800 854 11100 Florida Revenue Sharing 91100 8,544 8,800 Cigarette Tax Refund 2,100 2,130 2,100 Half Cent Sales Tax 29,000 36,236 39,800 County Gasoline Tax 20,000 20,178 29,500 Net Revenue - Water Fund 51,000 34,487 35,000 Total Revenue 1,091,400 ---- - - - - -- ---------- 11081,988 --- - - - - -- --- - - - - -- 1,146,060 ---- - - - - -- ---- - - - - -- FUM )BPKJPAICE : Designated for Subsequent Years Budgets 97,400 97,400 65,00'- Total Fund Balance 97,400 97,400 65,000 Total Revenue and Fund Balance 11188,800 1,179,388 1,211,060 EX II : 11MI TM'TIIVE AM GENERML Salaries 118,150 105,115 122,720 Employee Benefits 32,185 30,623 32,600 Postage, Printing & Stationery 2,000 3,012 3,000 Office Supplies & Expenses 3,000 3,349 3,000 Telephone 7,500 8,270 81800 Electricity 6,600 5,442 5,800 Transportation 81800 7,527 81800 Building Maintenance 6,000 81099 11,450 Lawn Maintenance 2,800 3,747 4,400 Insurance 50,100 58,462 60,000 Bookkeeping Service 3,900 3,410 3,900 Legal & Professional 50,500 30,791 53,000 Misc. - Dues 11800 1,071 11800 Legal Advertising 4,000 3,388 4,000 Other 11000 755 11000 Town Library 11800 11800 11800 Training 3,000 1,903 3,000 Planning & Zoning Board Expenses 6,800 2,040 5,000 Discount on Taxes 30,000 29,803 31,170 Copy Machine Lease 2,400 2,171 2,600 TOTAL $ 342,335 $ 310,778 367,84.0 Maintenance, Repairs & Supplies BLMGET 10/1/92 ACTtAL 10/1/92 PROPOSED 7f 101 s/93 Lighting 9/3DM 8/31/93 ,9130/94 Signs 500 125 500 Salaries $ 348,750 $ 277,330 361,800 Employee Benefits 99,752 75,785 102,710 Uniforms, Equipment & Supplies 12,800 10,293 9,540 Auto Maintenance 15,000 13,729 16,000 Car Allowance 4,800 4,400 4,800 Cleaning Uniforms 3,700 2,281 5,200 Radio Service & Repair 20,700 20,000 21,100 Crime Prevention & Training 4,200 2,674 4,500 Capital Expenditures 31,800 17,066 19,000 TOTAL 541,502 423,558 544,65.) FIIFE FfKy loN-. 40,000 4,020 30 , 000 Fire Contract Cost 104,200 94,786 106,800 Maintenance Repair 5,000 - 0 - 6,000 TOTAL 109,200 94,786 112,300 Maintenance, Repairs & Supplies 4,000 1,789 4,000 Lighting 12,000 10,357 11,300 Signs 500 125 500 N.P.D.E.S. Permit 750 513 300 TOTAL 17,250 12,784 16,100 SMIITATI0N DEPARTMENT: Salaries 20,750 19,152 21,780 Employee Benefits 7,463 6,869 7,590 Garbage Collection Contract 106,800 97,972 106,800 Equipment Maintenance & Service 2,000 11018 2,000 Uniforms 200 - 0 - 200 Disposal Fees 1,300 2,242 1,300 TOTAL 138,513 127,253 139,570 RESERVE FOR CEWTI dCIICS: 40,000 4,020 30 , 000 Total General Fund Expenses 1,188,900 973,179 1,211,06:) lfWA L GENERAL FIM EMWENSES MD FIB HALMCE: $1,188,800 $ 973,179 $1,211,060 From Sales Interest from Invested Surplus Fund Total Water Revenue EXPENDITURES: Cost of Water Repairs Meter Reading Computer Billing Postage, Printing & Stationery Computer billing program Engineering Conservation Total Expenditures NET REVAENLE PFOPOSED BlMSElf /ClflllPL BUDGEIT 10/1/92 1011f92 10/1/93 9/3®/93 8131,'/93 9130,194 $ 250,000 $ 359,493 $ 300,000 4,000 3,974 2,500) 254,000 363,467 302,5+.'0 175,000 290,236 210,000 16,000 30,930 40,650 2,650 2,200 2,650 4,500 5,075 4,500 500 106 500 600 366 600 5,000 3,600 67 3,600 202,850 328,980 267,50r) $ 51,150 ---- - - - - -- ---------- $ 34,487 ---- - - - - -- ---- - - - - -- $ 35,000 ---- - - - - -- ---- - - - - -- 7MM OF GULF STREAM 167 YEAR B EDGET 'WAR BUDGET WEM BLIMET YE 90 -91 91 —92 92 -93 93 -94 Taxable Value $183,375,018 $267,039,633 $264,741,269 $273,020,699 Taxes 872,370 882,800 864,500 903,560 Operating Millage Rate 4.7573 3.3059 3.2655 3.3095(1) Debt Service Millage Rate 1.1861 .8141 .8058 .7527 Total Millage 5.9434 4.1200 4.0713 Rolled Back Millage Rate 4.0670 3.3109 3.3045 1 mil = 273,021 (1) = 4.70% more than rolled back rate .1 mil = 27,302 4.0622 3.1609 TUM OF GULF S; FEPH Statement of Funds Designated for Fire Protection Contract: Fund Balance - October 1, 1992 $ 69,000 Less: Amount Spent on Fire Contract (63,000) Amount Spent on Special Projects (6,000) Fund Balance - September 30, 1993 - 0 - Statement of Funds Designated for Landscaping Improvements:: Fund Balance - October 1, 1992 20,245 Transactions - 0 - Fund Balance - September 30, 1993 20,245 Statement of Funds Designated for Compensated Absences: Fund Balance - October 1, 1992 Transactions Fund Balance - September 30, 1993 Statement of Funds Designated for Capital Improvements: 33,000 - 0 - 33,000 Fund Balance - October 1, 1992 17,000 Less: Amount Spent on Special Projects (51000) Add: Transfer from Undesignated Funds 5,052 Fund Balance - September 30, 1993 17,052 TUM UF SULF STFE"M Statement of Undesignated Funds: Fund Balance - October 1, 1992 Less: Funds Designated Capital Improvements /Emergency Total Funds Designated Fund Balance - September 30, 1993 $ 5,052 Statement of Designated Funds for Subsequent Years Budoets: Fund Balance - October 1, 1992 Less: Estimated Deficit - Budget Year Ended September 30, 1993 Funds designated for Little Club Improvements Adjusted Fund Balance - September 30, 1993 $. 5,052 5, 052 0 - 97,400 (22,400) (10,000) 65,000