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60QK 36:PuF.,31.4 <br />SEP 2 81978 <br />RESOLUTION NO. 78-70 <br />LAURELWOOD STREET LIGHTING DISTRICT <br />RESOLUTION FOR 1978-1979 <br />WHEREAS, the BOARD OF COUNTY COMMISSIONERS OF INDIAN <br />RIVER <br />COUNTY, FLORIDA, on behalf of the Laureiwood Street <br />Lighting <br />District has held a public hearing on September 21, <br />1978, for <br />the purposes of adopting a budget for the District <br />for the <br />fiscal year 1978-79; and <br />WHEREAS, the Property Appraiser has provided the evaluations <br />of the non-exempt property in said District; and <br />WHEREAS, said hearing was noticed by publication <br />and the <br />needs of the District discussed in open forum; <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF <br />COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that <br />the following <br />budget is hereby adopted for the LAURELWOOD STREET <br />LIGHTING <br />DISTRICT for 1978-79: <br />1. ESTIMATED RECEIPTS & BALANCES <br />Local Sources <br />$ 75.00 <br />Ad Valorem Taxes <br />823.00 <br />LESS: 5% per F. S. 129.01 <br />(45.00) <br />NET <br />853.00 <br />Cash Balance Forward <br />(October 1, 1978) <br />1,315.00 <br />TOTAL ESTIMATED RECEIPTS & BALANCES <br />$2,168.00 <br />2. APPROPRIATIONS: <br />Operating Expenses <br />$1,677.00 <br />Reserve for Contingencies <br />71.00 <br />Cash Forward <br />420.00 <br />TOTAL BUDGET <br />$ 2,168.00 <br />4 <br />60QK 36:PuF.,31.4 <br />SEP 2 81978 <br />