R-1055-02 RESOLUTION NO. 1055-02
A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL,MIAMI SHORES
VILLAGE,FLORIDA ADOPTING THE FY2002-2003 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, 2002; and
WHEREAS, the Village Council on Tuesday, September 3, 2002, held the first of two
public hearings prescribed by Florida State Statute 200.065; and
WHEREAS, the Village Council has tentatively set the ad valorem millage rates for
FY2002-2003 at 7.7500 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 approved for FY2002-2003
with all sums to be appropriated following the second public hearing.
Expense
Revenues Appropriation
Funds &Reserves &Reserves
General Fund $9,633,774 $9,633,774
Debt Service Fund 249,313 249,313
Special Revenue Funds 2,325,001 2,325,001
Capital Projects Funds 1,405,487 1,405,487
Enterprise Funds 2,482,974 2,482,974
Internal Service Funds 1,470,011 1,470,011
Total All Funds: $17,566,561 $17,566,561
Section 2. This Resolution shall take effect immediately upon ' doption.
PASSED AND ADOPTED THIS 17th day of September, 2002.
ATTEST:
avis, Mayor
Barbara A. Fugazzi, CAC
Village Clerk
APPROVED AS TO FORM:
aL22C
Richard Sarafan
Village Attorney