AGENDA MEMORANDUM

 

 

Meeting Date:           September 27, 2010

 

From:                          Jay Evans, City Manager

                                    Jerry Boop, Finance Director

                                    Brandy McDaniel, Budget Manager

 

Subject:                      Public Hearing for FY 2010-11 Millage Rate and Budget

 

This Public Hearing is being held pursuant to the provisions of Section 200.065(2)(c), Florida Statutes, and is the second of two public hearings required to be held prior to the adoption of the fiscal year 2010-11 millage rate and budget. 

 

 

 

FUND

 

PROPOSED FISCAL YEAR 2010-11 BUDGET

 

General Fund:

 

$22,830,659

 

 

 

 

 

 

Special Revenue Funds:

 

 

 

 

Stormwater Utility Fund

 

2,351,812

 

 

Greater Leesburg CRA Fund

 

422,429

 

 

Carver Heights CRA Fund

 

291,092

 

 

US Hwy 441 CRA Fund

 

937,870

 

 

Police Forfeiture Fund

 

14,000

 

 

Police Education Receipts Fund

10,350

 

 

Building Permits Fund

 

414,473

Discretionary Sales Tax Fund

 

1,606,150

 

 

Gas Tax

 

935,926

 

 

Debt Service Fund:

 

 

1,689,539

 

 

 

 

 

 

Capital Projects Fund:

 

 

 

 

 

 

 

 

787,205

 

 

 

 

 

 

 

 

FUND

 

PROPOSED FISCAL YEAR 2010-11 BUDGET

 

Enterprise Funds:

 

 

 

 

Electric Utility Fund

 

71,524,198

 

 

Gas Utility Fund

 

8,525,487

 

 

Water Utility Fund

 

8,376,121

 

 

Wastewater Utility Fund

 

10,212,336

 

 

Communications Utility Fund

 

1,427,581

 

 

Solid Waste Utility Fund

 

3,627,791

 

 

Magnolia Townhomes Fund

 

171,273

 

 

 

 

 

 

Internal Service Funds:

 

 

 

 

Health Insurance Fund

 

5,145,141

 

 

Workers’ Compensation Insurance Fund

 

625,321

 

 

 

 

 

 

Pension Trust Funds:

 

 

 

 

Municipal Police Retirement Trust Fund

 

863,445

 

 

Municipal Firemen’s Retirement Trust Fund

 

1,394,669

 

 

General Employees’ Retirement Fund

 

2,415,000

 

 

 

 

 

 

 

TOTAL – ALL FUNDS

 

$146,599,868

 

 

 

Submission Date and Time:    9/22/2010 5:06 PM____

 

Department: ______Finance___________

Prepared by:  _____Brandy McDaniel___                     

Attachments:         Yes____   No ______

Advertised:   ____Not Required ______                      

Dates:   __________________________                     

Attorney Review :       Yes___  No ____

                                                

_________________________________           

Revised 6/10/04

 

Reviewed by: Dept. Head ______

 

Finance  Dept. ____JB_________                                     

                              

Deputy C.M. ___________________                                                                         

Submitted by:

City Manager ___________________

 

Account No. _________________

 

Project No. ___________________

 

WF No. ______________________

 

Budget  ______________________

 

Available _____________________