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R-1038-01 Resolution No. 10 3 8-01 A RESOLUTION OF THE MIAMI SHORES VILLAGE,FLORIDA VILLAGE COUNCIL TENTATIVELY ADOPTING THE FY 2001-2002 OPERATING AND DEBT SERVICE BUDGETS;SETTING THE TIME,DATE,AND PLACE OF THE SECOND OF TWO PUBLIC HEARINGS TO DISCUSS THE AD VALOREM TAX LEVIES AND CORRESPONDING 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 1,2001;and WHEREAS,the Village Council on Tuesday,September 4,2001,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 2001-2002 at 8.0000 and 0.5151 mills for operating and debt service purposes respectively, NOW,THEREFORE,BE IT RESOLVED BY THE MIAMI SHORES VILLAGE COUNCIL,that: Section 1. The following operating budgets are hereby tentatively approved for FY 2001-2002 with all sums to be appropriated following the second public hearing. Expense Revenues Appropriation Funds &Reserves &Reserves General Fund $9,065,567 $9,065,567 Debt Service Fund 223,453 223,453 Special Revenue Funds 1,973,969 1,973,969 Capital Projects Funds 834,625 834,625 Enterprise Funds 2,124,623 2,124,623 Internal Service Funds 948,153 948,153 Total All Funds: $15,192,890 $15,192,890 Section 2. The Village Council will conduct the final public hearing on the Proposed Budget and corresponding ad valorem tax levies for operating and debt service at 7:00 PM on Tuesday,September 18,2001 in the Miami Shores Village Council Chambers, 10050 N.E. Second Avenue,Miami Shores. Section 3. This resolution shall take effect immediately upon its tion. PASSED AND ADOPTED this 4d'day of September,2001. ATTEST: 'AD������AA avis,Mayor V�(C Barbara A.Fugazzi,CMC ill Clerk PPROVED AS TO FORM: Richard Sarafan,Village Attorn y