R-1119-06 RESOLUTION NO. 1119-06 0
A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL,MIAMI SHORES VILLAGE,
FLORIDA ADOPTING THE FISCAL YEAR 2006-2007 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, 2006; and
WHEREAS, the Village Council on Tuesday, September 5, 2006, 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 FY 2006-07 at
8.2500 and 0.8559 (0.3780 plus 0.4779) 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 FY2006-2007 with all sums to
be appropriated following the second public hearing.
Expense
Revenues Appropriation
Funds &Reserves &Reserves
General Fund $ 12,203,518 $12,203,518
Debt Service Fund 671,446 671,446
Special Revenue Funds 2,894,721 2,894,721
Enterprise Funds 3,447,957 3,447,957
Internal Service Funds 1,863,658 1,863,658
TOTAL ALL FUNDS $21,081,301 $2„,081,301
Section 2. This Resolution shall take effect immediately upon its adoption.
PASSED AND ADOPTED THIS 19th day of September, 2006.
ATTEST:
)&day a. f4 L(wA avis, Mayor
Barbara A. Estep, MMC
Village Clerk
APPROVED AS TO FORM:
Richard Sarafan
Village Attorney