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(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)