HomeMy WebLinkAboutResolution 2003-36 Budget
RESOLUTION NUMBER 2003-36
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF WINTER
SPRINGS, FLORIDA, ADOPTING THE FINAL BUDGET FOR THE CITY OF
WINTER SPRINGS FOR THE FISCAL YEAR COMMENCING ON OCTOBER 1,
2003 AND ENDING ON SEPTEMBER 30, 2004; PROVIDING FOR
SEVERABILITY; PROVIDING FOR THE REPEAL OF PRIOR INCONSISTENT
RESOLUTIONS; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City Commission of the City of Winter Springs has adopted a
final operating millage rate and a final voted debt service millage rate at a public
hearing pursuant to Florida Statute 200.065, Subparagraph (c); and
WHEREAS, the City Commission desires to adopt the final budget.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF WINTER SPRINGS, AS FOLLOWS:
Section 1. Having previously adopted a final millage rate for the City of Winter
Springs for fiscal year 2003/2004 the City Commission adopts its final budget as
may be amended for the fiscal year commencing October 1, 2003 and ending
September 30, 2004 as presented at its Regular Meeting assembled on the date
of this Resolution, with all amendments, if any, adopted at that meeting.
Section 2. The proposed expenditures in the final budget are $44,140,914
which is comprised of the following fund expenditures: General Fund -
$16,728,532, Other Governmental Funds - $15,474,887, Enterprise Funds-
$11,937,495. The budget is based upon gross taxable value of real property
value of $1 ,366,531,880.
Section 3. Within thirty (30) days of the date of this Resolution, the Finance
Director will certify compliance with Chapter 200, Florida Statutes by causing the
Certification of Compliance, along with all necessary documentation, to be sent
the Division of Ad Valorem Tax of the Department of Revenue.
Section 4. Repeal of Prior Inconsistent Resolutions. All prior resolutions or
parts of resolutions in conflict herewith are hereby repealed to the extent of the
conflict.
Section 5. Severability. If any section, subsection, sentence, clause, phrase,
word, or portion of this resolution is for any reason held invalid or unconstitutional
by any court of competent jurisdiction, such portion shall be deemed a separate,
distinct and independent provision and such holding shall not affect the validity of
the remaining portion hereto.
Section 6. This Resolution shall become effective immediately upon its
adoption by the City Commission of the City of Winter Springs, Florida.
ADOPTED by the City Commission of the City of Winter Sfrings, Florida, in a
regularly scheduled Public Hearing assembled on this 22n day of September
2003.
JOHN F. BUSH, MAYOR
ATTEST:
Andrea Lorenzo-Luaces, City Clerk
City of Winter Springs
Resolution Number 2003-36
Page 2 of 2
NOTICE OF PROPOSED i
TAX INCREASE
The City of Winter Springs has tentatively adopted ai
measure to increase its property tax levy.
Last year's property tax levy:
A. Initially proposed tax levy
$6,042,553
B. Less tax reductions due to Value Adjustment
Board and other assessment charges $764,613
c. Actual property tax levy
$5,277,940
This year's proposed tax levy
$6,039,524
All concerned citizens are invited to attend a pubic hearing on the
tax increase to be held on
Monday, September 22, 2003
6:30 P.M.
Commission Chambers
At
Winter Springs City Hall
1126 East State Road 434
Winter Springs, Florida 32708
A FINAL DECISION on the proposed tax increase and the
budget will be made at this hearing.
BUDGET SUMMARY
CITY OF WINTER SPRINGS FISCAL YEAR 2003 - 2004
THE PROPOSED OPERATING BUDGET EXPENDITURES OF THE CITY
OF WINTER SPRINGS
ARE 5.7% MORE THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES
BUDGET SUMMARY
CITY OF WlNTERSPAlHGSF1SCAL \'EAR 2003 - 2004
THE PAOPOSEtl OPERAl1NGiBUDGET EXPENDITURES OFTJiE CITY OF wtHTERSPRlNGS
ARE 5.7% MOAETHAN LAST YEAR'S TOTAL OPEAAl1NG EXPENDlTURES
General FUfld
Voted Debt
4.41.
0.2500
GENERAL
FUND'
$4,593,219
MIflIge Pet $1000
4.41.
o.2SOO
axes:
Ad V8loJ8lft T....
Ad Velonlm T_ ()'otetfDebtSeMce)
Fees
&PermiIs
RiNenues
for SeMce$
&. f'orfeIture$
ReYenues
FInancing~
5.198,000
35.400
185.000
3..421.400
4<16.600
255,000
1,116.750
4,510,284
$15 434
$20.381 6S3
3;492.899
8;198.000
1.664.850
1.687.125
924.899
$15,967,173
4.41880
ALAPPROPRIATED EXPENDmJRES
AHORESERVES
$20,381.653
SPECIAL
REVENUE
FUND
$6.772.891
DEBT
SERVICE
FUNO
ENTERPRISE
FUND
TOTAL
BUDGET
$6.789.903
$898.425
$18,834,
325.tOO
5.798.000
325,900
3S,4OO
679,500
3,876.100.
9.35t,500 ;
322.700 .,
1~~
,
1$,$28,585 ,
.
.
,
,
$37 :
./ ~
"
:,
494.500
454,100
196.500
67;700
2,000
. 9.328,4&5
8,756.400
1.392.116
100.000
2!i1i,700
$10543885
$1 718016
$91S4.1<lO
$17,316776
$2,416,441
$15.924.003
61.900
4Q.,200
294;811
1,021,000
'5.183.095
~':
9,280,900 ;
5,238.29$':
1,t5t,861;
1...125'
n.154,177 :
3,313,m 1
6
6,347,978
3.881.300
1.841.100
1.466;873
6921.300
$13.671;189
$1.466.873
$11.937.495
3.645
949.568
$17.~1116
$2 416.441
$15.!l24
THE lENTA-rrve.APOPTED. ANDIORflNAl BUOGET$ AAEON FU.EINTHEOFFlCEOFTHEAaQVE
MENTiONEDTAXlNG AUTHORfTY AS APOStle RECORD.
.,.,
..
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