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HomeMy Public PortalAboutLoose Documents1 (a) An annual budget and appropriations ordinance shall be adopted by the mayor and council prior to the first day of the fiscal year, provided if such budget and appropriations ordinance is not adopted, the previous year's budget and appropriations ordinance shall continue as the budget for the ensuing fiscal year and until the new budget and appropriations ordinance is adopted. (b) The budget as adopted shall be a balanced budget with anticipated revenues equal to appropriated expenditures.(ORD. 1994- 01)(Ord. No. 1994 -01, Revised, 01/13/94) (c) It is hereby ordained by the governing authority of the City of Tybee Island that the fiscal operating budget for the year 2004 be adopted to read as follows: Whereas, The City of Tybee Island operates on a fiscal year beginning on January 1st and ending on December 31st of each succeeding year; and Whereas, The State of Georgia, in the Official Code of Georgia, Section 36 -81 -7, provides for the submission of the City's proposed budget to the public; and Whereas, in obedience to the Georgia Code, the FY 2004 budget has been submitted to the Tybee Island City Council; and Whereas, on November 11th, a public hearing on the budget was held before the Mayor and Council in Open Meeting; and Whereas, the public was informed in a manner proscribed by law of the availability of the budget for inspection both in the office of the Clerk of Council during regular business hours of the City and at the Tybee Island Branch of the CEL Library during their normal hours: Now, therefore, be it resolved, and it is hereby resolved by the Mayor and Council of the City of Tybee Island, Georgia, in open meeting assembled, the the aforesaid budget for FY 2004 is herby adopted as ordained by the State of Georgia as follows: Operational Budget Revenue General Fund $5,670,244 Fund 3 1998 SPLOST $1,293,000 Expenditures General Fund Water Sewer $1,899,500 Water Sewer $5,670,244 $1,899,500 Fund 3 SPLOST $1,293,000 (ORD. 2000 -26; 12 /14 /00)(ORD. 2001 -26; 12/13/01)(2003-02;1119/2003) The working papers detailing the sources of revenues and the appropriation thereof are hereby incorporate herein and shall be kept with the minutes of this meeting. Capital Budget Revenue • General Fund $1,912,875 1 1 Water /Sewer $1,200,000 Fund 3 1998 SPLOST $1,293,000 Expenditures General Fund $1,912,875 Water Sewer $1,200,000 Fund 3 SPLOST $1,293,000 (ORD. 2000 -26; 12 /14 /00)(ORD. 2001 -26; 12 /13 /01)(Ord. 2003- 02;1 -9 -2003)