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OCT 71980 BOCK 44 PAcE'783 <br />RESOLUTION NO. 80-2 <br />WHEREAS, the Board of Supervisors of the Rockridge Street <br />Lighting District has held a public hearing on October 7, 1980 <br />at 5:01 P.M. for the purpose of adopting a budget for the District <br />for the fiscal year 1980-81, said District was adopted by Indian <br />River County Ordinance 72-2; and <br />WHEREAS, the Property Appraiser has provided the evaluations <br />of the non-exempt property in said District; 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 SUPERVISORS <br />OF THE ROCKRIDGE STREET LIGHTING DISTRICT that the following <br />budget is hereby adopted for the District for 1980-81: <br />1. ESTIMATED RECEIPTS AND BALANCES <br />Local Sources <br />$ <br />40.00 <br />Ad Valorem Taxes <br />2,953.00 <br />Sub Total <br />$ <br />2,993.00 <br />Less: 5% per F. S. 129.01(2)(b) <br />150.00 <br />NET <br />$ <br />2,843.00 <br />Cash Balance Forward <br />(October 1, 1980) <br />712.00 <br />TOTAL ESTIMATED RECEIPTS AND BALANCES <br />$ <br />3,555.00 <br />2. APPROPRIATIONS <br />Operating Expenses <br />2,655.00 <br />Total Appropriations <br />2,655.00 <br />Reserve for Contingencies <br />200.00 <br />Cash Forward <br />700.00 <br />TOTAL BUDGET <br />$ <br />3,555.00 <br />