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RESOLUTION NO. 78-75 <br />WHEREAS, THE BOARD OF COUNTY COMMISSIONERS OF INDIAN <br />RIVER COUNTY, FLORIDA, on behalf of the SOUTH COUNTY WATER <br />MUNICIPAL SERVICE TAXING UNIT, has held a public hearing <br />on October 4, 1978, for the purpose of adopting a budget <br />for the District for the fiscal year 1978-79; and <br />WHEREAS, the Property Appraiser has provided the <br />evaluations of the -non-exempt property in said District; <br />and <br />WHEREAS, said hearing was noticed by publication and <br />the needs of the District discussed in open forum; <br />NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY <br />COMMISSIONERS OF INDIAN RIVER COUNTY; FLORIDA, that the <br />following budget is hereby adopted for the SOUTH COUNTY <br />WATER MUNICIPAL SERVICE TAXING UNIT for 1978-79: <br />1. ESTIMATED RECEIPTS: <br />Local Sources $ 567.00 <br />Ad Valorem Taxes (See Note A) 21,811.00 <br />sub total 22,378.00 <br />Less: 5% per F. S. 129.01 (2) (b) 1,120.00 <br />TOTAL ESTIMATED RECEIPTS 21,258.00 <br />2. APPROPRIATIONS: <br />Preplanning and Engineering 20,000.00 <br />Total Appropriations 20,000.00 <br />Reserve for Contingencies 1,258.00 <br />TOTAL BUDGET $ 21,258.00 <br />Note A - Ad Valorem Millage 0.25 <br />mag 36 Pw 427 <br />OCT 41978 <br />