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_I <br />1 '�1 <br />RESOLUTION NO. 80-106 <br />LAURELWOOD STREET LIGHTING DISTRICT <br />RESOLUTION FOR 1980-1981 <br />B 44 789 <br />WHEREAS, The BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER <br />COUNTY, FLORIDA, on behalf of the Laurelwood Street Lighting <br />District, has held a public hearing at 5:01 P.M. on October 7, 1980 <br />for the purpose of adopting a budget for the District for the <br />fiscal year 1980-81, said District was adopted by Indian River <br />County Ordinance 76-8; and <br />WHEREAS, the millage for said District has previously been <br />approved; and <br />WHEREAS, the final budget is adopted based on the interim <br />roll; and <br />WHEREAS, said hearing was noticed by publication and the <br />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 following <br />budget is hereby adopted for the LAURELWOOD STREET LIGHTING <br />DISTRICT for 1980-81: <br />1. ESTIMATED RECEIPTS & BALANCES <br />Local Sources $ 2,015.00 <br />Ad Valorem Taxes 1,925.00 <br />Sub Total 3,940.00 <br />Less: 5% per F.S.129.01(2)(b) 97.00 <br />NET $ 3,843.00 <br />Cash Balance Forward <br />(October 1, 1980) 457.00 <br />TOTAL ESTIMATED RECEIPTS & BALANCES $ 4,300.00 <br />2. APPROPRIATIONS: <br />Operating Expenses $ 3,350.00 <br />Reserve for Contingencies 200.00 <br />Cash Forward 750.00 <br />TOTAL BUDGET $ 4,300.00 <br />