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HomeMy WebLinkAbout2002-076 RESOLUTION NO. 2002-076 A RESOLUTION OF INDIAN RIVER COUNTY, FLORIDA, AMENDING THE COUNTY BUDGET OFFICER'S ESTIMATES OF RECEIPTS OTHER THAN TAXES AND OF BALANCES TO BE BROUGHT FORWARD FOR FISCAL YEAR 2002-2003 AND ADOPTING A FINAL BUDGET FOR THE TRANSPORTATION FUND. WHEREAS, the Budget Officer of Indian River County has ascertained the needs and the fiscal policy of the Board of County Commissioners for the ensuing fiscal year and did prepare and present to the Board a tentative budget for fiscal year 2002-2003 including all estimates of receipts, taxes to be levied, and balances expected to be brought forward and all estimated expenditures, reserves, and balances to be carried over at the end of the year; and WHEREAS, the Board of County Commissioners of Indian River County did examine the tentative budget and held public hearings, pursuant to law, to consider input from the citizens of Indian River County with respect to taxes to be levied and the amounts and the use of money derived from the levy of taxes, NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF INDIAN RIVER COUNTY, FLORIDA, that: 1. The County Budget Officer's estimates of receipts other than taxes and of balances to be brought forward for the Transportation Fund are hereby revised as set forth in Exhibit "A" attached hereto. 2. The Board of County Commissioners of Indian River County hereby adopts the attached budget as the final budget for fiscal year 2002-2003 for the Transportation Fund. The resolution was moved for adoption by Commissioner Macht , and the motion was seconded by Commissioner ri nn , and, upon being put to a vote, the vote was as follows: Chairman Ruth M. Stanbridge Aye Vice Chairman John W. Tippin Aye Commissioner Fran B. Adams Absent Commissioner Caroline D. Ginn Aye Commissioner Kenneth R. Macht Aye The Ch'a man;#hereupon declared the resolution duly passed and adopted this 18th day of September, 2002.', BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA Attest , J. K. Be►�t1, Clerk By 19.0 M. .Se���� By `x Ruth M. Stanbridge Y $ puty Clerk Chairman Attachment, EXHIBIT"A" BUDGET SUMMARY INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS FISCAL YEAR 2002/2003 TRANS- PORTATION FUND ESTIMATED REVENUES: Federal Sources 0 State Sources 2,453,935 Local Sources 759,000 Ad Valorem Taxes 0 Non-Ad Valorem Assessments 0 User Fees 0 Sub-Total 3,212,935 Less 5%per F.S. 129.01(2)(b) (160,647) Net 3,052,288 Interfund Transfers 7,813,988 Cash Forward-October 1,2002 1,200,162 TOTAL ESTIMATED REVENUES AND BALANCES 12,066,438 EXP EN DITU RES/EXPENSES: General Government 757,744 Public Safety 0 Physical Environment 0 Transportation 10,164,117 Economic Environment 0 Human Services 0 Internal Services 0 Culture/Recreation 0 Court Related Costs 0 Interfund Transfers 0 TOTAL EXPENDITURES/EXPENSES 10,921,861 Reserve for Contingencies 279,577 Cash Forward-September 30,2003 865,000 TOTAL APPROPRIATED EXPENDITURES AND RESERVES 12,066,438 EXHIBIT "A"