R-1072-03 RESOLUTION NO. 1072-03
A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL,MIAMI SHORES
VILLAGE,FLORIDA, ADOPTING THE FISCAL YEAR 2003-2004 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, 2003; and
WHEREAS, the Village Council on Thursday, September 4, 2003, 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
FY2003-2004 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 FY2003-2004
with all sums to be appropriated following the budget's approval.
Expense
Revenues Appropriation
Funds &Reserves &Reserves
General Fund $10,243,051 $10,243,051
Debt Service Fund 245,953 245,953
Special Revenue Funds 2,598,507 2,598,507
Capital Projects Funds 1,171,955 1,171,955
Enterprise Funds 2,174,197 2,174,197
Internal Service Funds 1,277,898 1,277,898
Total All Funds: $17,711,561 $17,711,561
Section 2. This Resolution shall take effect immediately upon its adoption.
PASSED AND ADOPTED THIS 16th day of September, 2003.
ATTEST:
Jinin Mayor
Barbara A. Estep, CMC
Village Clerk
7OVED AS TO FORM:
1 Dew�Z&
Richard Sarafan
Village Attorney