R-1134-07 RESOLUTION NO. 1134-07
A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL,MIAMI SHORES VILLAGE,
FLORIDA ADOPTING THE FISCAL YEAR 2007-2008 OPERATING,DEBT SERVICE FUND,
SPECIAL REVENUE FUND,ENTERPRISE FUND AND INTERNAL SERVICE FUND 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, 2007; and
WHEREAS,the Village Council on Tuesday, September 4, 2007, 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 2007-08 at
7.1400 and 0.6764 (0.2153 plus 0.4611) 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 FY2007-2008 with all sums to
be appropriated following the second public hearing.
Expense
Revenues Appropriation
Funds &Reserves &Reserves
General Fund $12,433,023 $12,433,023
Debt Service Fund 1,041,839 1,041,839
Special Revenue Funds 3,056,404 3,056,404
Enterprise Funds 2,966,447 2,966,447
Internal Service Funds 2,202,195 2,202,195
Total All Funds: $21,699,908 $21,699,908
Section 2. This Resolution shall take effect immediately upon its adoption.
PASSED AND ADOPTED THIS 18th day of September, 2007.
ATTEST:
Herta Holly, Mayor
Barbara A. Estep, MMC
Village Clerk
APPROVED AS TO FORM:
Richard Sarafan
Village Attorney