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HomeMy WebLinkAbout2010-074RESOLUTION NO. 2010- 074 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 2010-2011 AND ADOPTING A FINAL BUDGET FOR THE GENERAL 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 2010-2011 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 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 2010-2011 for the General Fund. The resolution was moved for adoption by Commissioner F1 escher , and the motion was seconded by Commissioner 0' Bryan , and, upon being put to a vote, the vote was as follows: Chairman Peter D. O'Bryan Aye Vice Chairman Bob Solari Aye Commissioner Wesley S. Davis Aye Commissioner Joseph E. FlescherAye Commissioner Gary C. Wheeler Aye The Chairman thereupon declared the resolution duly passed and adopted this 15th day of September, 2010. TYCO o�,4....•••.M.,/his�, BOARD OF COUNTY COMMISSIONERS p • ... . '••.<p'; BUDGET SUMMARY INDIAN RIVER COUNTY BOARD OF COUNTY COMMISSIONERS -FISCAL YEAR 2010/2011 GENERAL FUND ESTIMATED REVENUES: Federal Sources 0 State Sources 5,215,430 Local Sources 6,370,376 Ad Valorem Taxes 43,705,714 Non -Ad Valorem Assessments 0 User Fees 0 Sub -Total 55,291,520 Less 5% per F. S. 129.01(2)(b) (2,764,576) Net 52,526,944 Interfund Transfers 15,162,017 Cash Forward -October 1, 2010 5,065,000 TOTAL ESTIMATED REVENUES AND BALANCES 72,753,961 EXPENDITURES/EXPENSES: General Government 13,958,092 Public Safety 42,386,581 Physical Environment 151,293 Transportation 526,452 Economic Environment 354,850 Human Services 3,410,124 Internal Services 0 Culture/Recreation 5,378,410 Court Related Costs 299,333 Interfund Transfers 3,840,882 TOTAL EXPENDITURES/EXPENSES 70,306,017 Reserve for Contingencies 650,000 Cash Forward -September 30, 2011 1,797,944 TOTAL APPROPRIATED EXPENDITURES AND RESERVES 72,753,961 EXHIBIT "A"