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HomeMy WebLinkAbout2007-102RESOLUTION NO. 2007- 102 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 2007-2008 AND ADOPTING A FINAL BUDGET FOR THE GENERAL OBLIGATION LAND ACQUISITION BOND ISSUE. 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 2007-2008, 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 General Obligation Land Acquisition Bond Issue 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 2007-2008 for the General Obligation Land Acquisition Bond Issue. The resolution was moved for adoption by Commissioner Davi s and the motion was seconded by Commissioner F1 escher , and, upon being put to a vote, the vote was as follows: Chairman Gary C. Wheeler Vice Chairman Sandra L. Bowden Commissioner Wesley S. Davis Commissioner Joseph E. Flescher Commissioner Peter D. O'Bryan Ay e Aye Aye Aye Ay e The Chairman thereupon declared the resolution duly passed and adopted this 12th day of September, 2007. Attest: J. K. Barton, Clerk By r eputy Clerk Attachment: EXHIBIT "A" BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA By . Wheeler hairman APPROVE) As Tit) ot HM ANO " ` CAL SUFF!CIENCY a ,. A's ;, SIT C, _: tJN TY ATTORNEY RESOLUTION 2007-102 BUDGET SUMMARY INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS FISCAL YEAR 2007/2008 ESTIMATED REVENUES: Federal Sources 0 State Sources 0 Local Sources 49,816 Ad Valorem Taxes 2,494,611 Non -Ad Valorem Assessments 0 User Fees 0 Sub -Total 2,544,427 Less 5% per F. S. 129.01(2)(b) (127,221) Net 2,417,206 Interfund Transfers 0 Cash Forward -October 1, 2007 0 LAND ACQUISITION BONDS TOTAL ESTIMATED REVENUES AND BALANCES 2,417,206 EXPENDITURES/EXPENSES: General Government 2,317,206 Public Safety 0 Physical Environment 0 Transportation 0 Economic Environment 0 Human Services 0 Internal Services 0 Culture/Recreation 0 Court Related Costs 0 Interfund Transfers 0 TOTAL EXPENDITURES/EXPENSES 2,317,206 Reserve for Contingencies 0 Cash Forward -September 30, 2008 100,000 TOTAL APPROPRIATED EXPENDITURES AND RESERVES EXHIBIT "A" 2,417,206