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R-1025-00 1025 Resolution No. -00 A RESOLUTION OF THE MIAMI SHORES,FLORIDA,VILLAGE COUNCIL ADOPTING THE FY 2000-2001 OPERATING AND DEBT SERVICE BUDGETS; AND, PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Miami Shores Village Council has reviewed the estimated revenues and projected expenditure requirements for the fiscal year beginning October 1,2000;and, WHEREAS,the Village Council,on Tuesday,September 5,2000,has held the first of two public hearings prescribed by Florida State Statutes§200.065 ;and, WHEREAS,the Village Council has tentatively set the ad valorem millage rates for FY 2000-2001 at 8.3627 and 0.5151 mills for operating and debt service purposes respectively. NOW,THEREFORE,BE IT DULY RESOLVED BY THE MIAMI SHORES,FLORIDA,VILLAGE COUNCIL,that: Section 1: The following operating budgets are hereby tentatively approved for FY 2000-2001 with all sums to be appropriated following the second public hearing. Expense Revenues Appropriations Funds &Reserves &Reserves General Fund $ 8,330,755 $8,330,755 Debt Service Fund 242,635 242,635 Special Revenue Funds 1,800,000 1,800,000 Capital Projects Funds 1,036,112 1,036,112 General Obligation Bonds(Series 1999) 3,145,000 3,145,000 Enterprise Funds 1,686,986 1,686,986 Internal Service Funds 986,877 986,877 Total All Funds: $17,228,365 $ 17,228,365 Section 3: This resolution shall take effect immediately upon its adoption. Mark S.Ulmer,Mayor Attest by: Approved as to Form: &U4(a G , CMC L�(� Barbara A.Fugazzi,CMt Richard Sarafan,E Village Clerk Village Attorney