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HomeMy WebLinkAbout1998-103 RESOLUTION NO. 98- 103 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 1998-99 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 1998-99 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 1998-99 for the Transportation Fund. The resolution was moved for adoption by Commissioner Egg e r t , and the motion was seconded by Commissioner A rja m c , and, upon being put to a vote, the vote was as follows: Chairman John W. Tippin Aye Vice Chairman Kenneth R. Macht Aye Commissioner Fran B.Adams Aye Commissioner Carolyn K. Eggert Aye Commissioner Caroline D. Ginn Absent The Chairman thereupon declared the resolution duly passed and adopted this 24th day of September, 1998. BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY, FLORIDA By -�"•.\J ohn . Tippin Je y ��t'on�Cler�. Chairman Attachment: EXHIBIT"A" SUMMARY OF THE PROPOSED BUDGETS FOR THE BOARD OF COUNTY COMMISSIONERS INDIAN RIVER COUNTY FISCAL YEAR 1998/99 TRANS- PORTATION FUND ESTIMATED REVENUES: Federal Sources 0 State Sources 1,966,335 Local Sources 11115,000 Ad Valorem Taxes 0 Non-Ad Valorem Taxes 0 User Fees 0 Sub-Total 3,081,335 Less 5%per F.S. 129.01(2x6) (154,067) Net —2,927,268 Interfund Transfers 6,317,824 Cash Forward-October 1,1998 1,126,708 TOTAL ESTIMATED REVENUES AND BALANCES 10,371,800 EXPENDITUREWEXPENSES: General Government 440,851 Public Safety 0 Physical Environment 0 Transportation 8,955,949 Economic Environment 0 Human Services 0 Internal Services 0 Culture/Recreation 0 Interfund Transfers 0 TOTAL EXPENDITURES/EXPENSES 9,396,800 Reserve for Contingencies 100,000 Cash Forward-September 30,1999 875_,_0.00_ TOTAL APPROPRIATED EXPENDITURES AND RESERVES 10,371800_ EXHIBIT "A"