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R-1086-04 0 RESOLUTION NO. 1086-04 A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL,MIAMI SHORES VILLAGE, FLORIDA ADOPTING THE FISCAL YEAR 2004-2005 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, 2004; and WHEREAS, the Village Council on Thursday, September 9, 2004, held the first of two public hearings prescribed by Florida State Statute 200.065; and WHEREAS, the Village Council has set the ad valorem millage rates for FY2004-2005 at 8.2500 and 1.1251 (0.5151 plus 0.6100) mills for operating and debt service on the Aquatic Center and Charter School General Obligation Bonds respectively, NOW, THEREFORE, BE IT RESOLVED BY THE MIAMI SHORES VILLAGE COUNCIL, that: Section 1. The following operating budgets are hereby approved for FY2004-2005 with all sums to be appropriated following the second public hearing. Expense Revenues Appropriation Funds &Reserves &Reserves General Fund $10,806,740 10,806,740 Debt Service Fund 673,292 673,292 Special Revenue Funds 2,505,468 2,505,468 Enterprise Funds 3,091,903 3,091,903 Internal Service Funds 1,717,885 1,717,885 Total All Funds: $18,795,288 $18,795,288 Section 2. This Resolution shall take effect immediately upon its adoption. PASSED AND ADOPTED THIS 21sr day of September, 2004. ATTEST: />& Jim cCoy, Ma or Barbara A. Estep, CMC Village Clerk APPROVED AS TO FORM: Richard Sarafan Village Attorney