Agenda for September 9, 2010 - Agenda Memos for Item 2.A.5

RESOLUTION NO. _____________
	A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA, TENTATIVELY ADOPTING THE FISCAL YEAR 2010-11 BUDGET FOR THE CITY OF LEESBURG, FLORIDA; AND PROVIDING AN EFFECTIVE DATE.

WHEREAS, the City Commission of the City of Leesburg, Florida, has held several budget work sessions for the purpose of reviewing, and, where appropriate, revising the Fiscal Year 2010-11 Budget, and

WHEREAS, the provisions of Section 200.065(2)(c), Florida Statutes, commonly known as the Truth in Millage or TRIM Bill, require that the City Commission hold a public hearing and adopt a tentative budget and millage rate for Fiscal Year 2010-11; and,

NOW THEREFORE, BE IT ENACTED BY THE PEOPLE OF THE CITY OF LEESBURG, FLORIDA:

SECTION I.

Pursuant to Section 200.065, Florida Statutes, and all other applicable laws, the following amounts for use by the various funds during Fiscal Year 2010-11 as reflected below, including all modifications or amendments made during this meeting, are hereby adopted as the budget for Fiscal Year 2010-11 for the City of Leesburg, Florida:


	GENERAL FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Current Ad Valorem Taxes
	(Based on an assessed value of $1,253,804,8904.3179 Mills95%)	5,143,114
	Other Taxes	4,412,586
	Licenses and Permits	105,600
	Intergovernmental Revenue	2,034,450
	Charges for Services	740,820
	Fines and Forfeits	143,000
	Miscellaneous Revenues	1,127,110
	Total Estimated Revenues	13,706,680
	Other Financing Sources:
	Transfers from other Funds	8,955,934
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	22,662,614

GENERAL FUND (Continued)

PROPOSED APPROPRIATIONS
General Government	1,299,311
Public Safety	12,901,185
Physical Environment	99,103
Transportation	2,387,916
Economic Environment	266,674
Human Services	20,000
Culture/Recreation	4,079,340
Other Uses	386,449
Non Expenditures:
Transfers to other Funds	1,222,636
TOTAL PROPOSED APPROPRIATIONS	22,662,614

STORMWATER FUND

ESTIMATED REVENUES AND OTHER RECEIPTS
Charges for Services	1,535,000
Miscellaneous Revenues	6,000
Total Estimated Revenues	1,541,000	203,160
Other Financing Sources:
Fund Balance Appropriated	810,812
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	2,351,812

PROPOSED APPROPRIATIONS
Physical Environment	2,351,812
TOTAL PROPOSED APPROPRIATIONS	2,351,812

GREATER LEESBURG COMMUNITY REDEVELOPMENT AGENCY

ESTIMATED REVENUES AND OTHER RECEIPTS
Intergovernmental Revenue	233,356
Total Estimated Revenues	233,356
Other Financing Sources:
Transfers from other Funds	189,073
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	422,429

	GREATER LEESBURG COMMUNITY REDEVELOPMENT AGENCY (Continued)

	PROPOSED APPROPRIATIONS
	Economic Environment							219,552
	Non Expenditures:
	Debt Service							24,047
	Reserves- Contributions to Fund Balance							178,830
	TOTAL PROPOSED APPROPRIATIONS							422,429

	CARVER HEIGHTS COMMUNITY REDEVELOPMENT AGENCY

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Intergovernmental Revenue							116,914
	Miscellaneous Revenue							340
	Total Estimated Revenues							117,254
	Other Financing Sources:
	Transfers from other Funds							128,409
	Fund Balance Appropriated							45,429
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							291,092

	PROPOSED APPROPRIATIONS
	Economic Environment							32,094
	Non Expenditures:
	Debt Service							203,353
	Transfers to other Funds							55,645
	TOTAL PROPOSED APPROPRIATIONS							291,092

	US HWY 441/27 COMMUNITY REDEVELOPMENT AGENCY

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Intergovernmental Revenue							187,547
	Total Estimated Revenues							187,547
	Other Financing Sources:
	Transfers from other Funds							153,027
	Fund Balance Appropriated							597,296
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							937,870









	US HWY 441/27 COMMUNITY REDEVELOPMENT AGENCY (Continued)

	PROPOSED APPROPRIATIONS
	Economic Environment							2,500
	Non Expenditures:
	Debt Service							695,306
	Transfer to other funds							240,064
	TOTAL PROPOSED APPROPRIATIONS							937,870

	DEBT SERVICE FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Other Financing Sources:
	Transfers from other Funds							1,689,539
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							1,689,539

	PROPOSED APPROPRIATIONS
	Non Expenditures:
	Debt Service							1,689,539
	TOTAL PROPOSED APPROPRIATIONS							1,689,539

	CAPITAL PROJECTS FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Intergovernmental Revenue							181,450
	Other Financing Sources:
	Transfers from other Funds							605,755
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							787,205

	PROPOSED APPROPRIATIONS
	Transportation							787,205
	TOTAL PROPOSED APPROPRIATIONS							787,205








	ELECTRIC FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Charges for Services							69,785,939
	Miscellaneous Revenues							623,195
	Other Sources							1,115,064
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							71,524,198

	PROPOSED APPROPRIATIONS
	Physical Environment							63,070,880
	Non Expenditures:
	Transfers to other Funds							5,736,473
	Debt Service							2,702,307
	Reserves- Contributions to Retained Earnings							14,538
	TOTAL PROPOSED APPROPRIATIONS							71,524,198

	GAS FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Charges for Services							8,302,422
	Miscellaneous Revenues							52,000
	Other Sources							171,065
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							8,525,487

	PROPOSED APPROPRIATIONS
	Physical Environment							7,195,481
	Non Expenditures:
	Transfers to other Funds							725,558
	Debt Service							416,716
	Reserves- Contributions to Retained Earnings							187,732
	TOTAL PROPOSED APPROPRIATIONS							8,525,487

	WATER FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Charges for Services							7,192,761
	Miscellaneous Revenues							145,760
	Other Sources							1,037,600
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							8,376,121

	PROPOSED APPROPRIATIONS
	Physical Environment							5,972,769
	Non Expenditures:
	Transfers to other Funds							798,137
	Debt Service							1,598,055
	Reserves- Contributions to Retained Earnings							7,160
	TOTAL PROPOSED APPROPRIATIONS							8,376,121

	WASTEWATER FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Charges for Services							9,768,836
	Miscellaneous Revenues							36,000
	Other Sources							407,500
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							10,212,336

	PROPOSED APPROPRIATIONS
	Physical Environment							7,519,988
	Non Expenditures:
	Transfers to other Funds							708,241
	Debt Service							1,963,048
	Reserves- Contributions to Retained Earnings							21,059
	TOTAL PROPOSED APPROPRIATIONS							10,212,336

	COMMUNICATIONS FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Charges for Services							1,333,981
	Miscellaneous Revenue							3,600
	Other Sources							90,000
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							1,427,581



	COMMUNICATIONS FUND (Continued)

	PROPOSED APPROPRIATIONS
	Physical Environment							1,188,801
	Non Expenditures:
	Debt Service							124,169
	Transfers to other funds							10,000
	Reserves- Contributions to Retained Earnings							104,611
	TOTAL PROPOSED APPROPRIATIONS							1,427,581

	SOLID WASTE FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Charges for Services							3,617,791
	Miscellaneous Revenues							10,000
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							3,627,791

	PROPOSED APPROPRIATIONS
	Physical Environment							3,198,898
	Non Expenditures:
	Reserves- Contributions to Retained Earnings							166,604
	Transfers to other Funds							262,289
	TOTAL PROPOSED APPROPRIATIONS							3,627,791

	POLICE PENSION FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Other Taxes							170,127
	Miscellaneous Revenues							693,318
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							863,445

	PROPOSED APPROPRIATIONS
	General Government							800,000
	Non Expenditures:
	Reserves- Contributions to Fund Balance							63,445
	TOTAL PROPOSED APPROPRIATIONS							863,445

	FIRE PENSION FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Other Taxes							110,449
	Miscellaneous Revenues							1,059,522
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							1,169,971

	PROPOSED APPROPRIATIONS
	General Government							848,000
	Non Expenditures:
	Reserves- Contributions to Fund Balance							321,971
	TOTAL PROPOSED APPROPRIATIONS							1,169,971

	GENERAL EMPLOYEE'S PENSION FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Miscellaneous Revenues							2,385,829
	Total Estimated Revenues							2,385,829
	Other Financing Sources:
	Fund Balance Appropriated							29,171
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							2,415,000

	PROPOSED APPROPRIATIONS
	General Government							2,415,000
	TOTAL PROPOSED APPROPRIATIONS							2,415,000

	HEALTH INSURANCE FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Charges for Services							5,045,141
	Miscellaneous Revenues							100,000
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							5,145,141

	PROPOSED APPROPRIATIONS
	General Government							5,145,141
	TOTAL PROPOSED APPROPRIATIONS							5,145,141




	WORKERS' COMPENSATION FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Charges for Services							625,321
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							625,321

	PROPOSED APPROPRIATIONS
	General Government							625,321
	TOTAL PROPOSED APPROPRIATIONS							625,321

	DISCRETIONARY SALES TAX FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Other Taxes							1,606,150
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							1,606,150

	PROPOSED APPROPRIATIONS
	Non Expenditures:
	Transfers to other Funds							1,500,000
	Reserves- Contributions to Fund Balance							106,150
	TOTAL PROPOSED APPROPRIATIONS							1,606,150

	GAS TAX FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Other Taxes							799,059
	Intergovernmental Revenue							136,867
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							935,926

	PROPOSED APPROPRIATIONS
	Non Expenditures:
	Transfers to other Funds							874,031
	Reserves- Contributions to Fund Balance							61,895
	TOTAL PROPOSED APPROPRIATIONS							935,926

	BUILDING PERMITS FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Licenses & Permits							322,000
	Intergovernmental Revenue							1,350
	Other Sources							6,500
	Total Estimated Revenues							329,850
	Other Financing Sources:
	Fund Balance Appropriated							84,623
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							414,473

	PROPOSED APPROPRIATIONS
	Public Safety							414,473
	TOTAL PROPOSED APPROPRIATIONS							414,473

	POLICE FORFEITURE FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Fund Balance Appropriated							14,000
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							14,000

	PROPOSED APPROPRIATIONS
	Public Safety							14,000
	TOTAL PROPOSED APPROPRIATIONS							14,000

	POLICE EDUCATION RECEIPTS FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Fund Balance Appropriated							10,350
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							10,350

	PROPOSED APPROPRIATIONS
	Public Safety							10,350
	TOTAL PROPOSED APPROPRIATIONS							10,350









	KRISTEN STREET FUND

	ESTIMATED REVENUES AND OTHER RECEIPTS
	Other Financing Sources:
	Transfers from other Funds							171,273
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS							171,273

	PROPOSED APPROPRIATIONS
	Economic Environment							12,259
	Non Expenditures:
	Debt Service							159,014
	TOTAL PROPOSED APPROPRIATIONS							171,273

ALL FUNDS

ESTIMATED REVENUES AND OTHER RECEIPTS
Ad Valorem Taxes		5,143,114
Other Taxes		7,098,371
Licenses and Permits		427,600
Intergovernmental Revenue		2,891,934
Charges for Services		107,948,012
Fines and Forfeits		143,000
Miscellaneous Revenues		6,242,674
Other Sources		2,827,729
Total Estimated Revenues		132,722,434
Other Financing Sources:
Fund Balance Appropriated		1,591,681
Transfers from other Funds		11,893,010
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS		146,207,125













PROPOSED APPROPRIATIONS
General Government		11,132,773
Public Safety		13,340,008
Physical Environment		90,597,732
Transportation		3,175,121
Economic Environment		533,079
Human Services		20,000
Culture/Recreation		4,079,340
Other Uses		386,449
Non Expenditures:
Transfers to other Funds		12,133,074
Debt Service		9,575,554
Reserves- Contributions to Fund Balance		732,291
Reserves- Contributions to Retained Earnings		501,704
TOTAL PROPOSED APPROPRIATIONS		146,207,125


SECTION II.

This resolution shall become effective immediately upon its passage and adoption by the
Leesburg City Commission.
PASSED AND ADOPTED at a special meeting of the City Commission of the City of Leesburg, Florida held the 9^th day of September 2010.




	Mayor
ATTEST:


City Clerk