ORDINANCE NO. ______________
	AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA  ADOPTING THE FISCAL YEAR 2006-07 BUDGET FOR THE CITY OF LEESBURG, FLORIDA; AND PROVIDING AN EFFECTIVE DATE.
WHEREAS, the City Commission of the City of Leesburg, Florida, has held numerous budget work  sessions for the purpose of reviewing, and, where appropriate, revising the Fiscal Year 2006-07 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 2006-07; and,
WHEREAS, the City Commission has tentatively adopted a budget which they feel is in the best interest of the citizens of the City of Leesburg, and desires by means of this ordinance to finally adopt said budget for Fiscal Year 2006-07;
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 2006-07 as reflected below, including all modifications or amendments made during this meeting, are hereby adopted as the budget for Fiscal Year 2006-07 for the City of Leesburg, Florida:
	GENERAL FUND
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Current Ad Valorem Taxes (Based on an assessed value of $1,302,032,879)
		4.500 Mills		5,566,190
	Other Taxes			6,922,155
	Licenses and Permits			1,356,030
	Intergovernmental Revenue			2,051,313
	Charges for Services			336,861
	Fines and Forfeits			384,145
	Miscellaneous Revenues			2,772,903
	Total Estimated Revenues			19,389,597
	Other Financing Sources:
	Transfers from other Funds			9,268,303
	Fund Balance Appropriated			382,154
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS			29,040,054
	GENERAL FUND (Continued)
	PROPOSED APPROPRIATIONS
	General Government			2,750,393
	Public Safety			14,134,056
	Physical Environment			377,466
	Transportation			2,878,154
	Economic Environment			508,582
	Human Services			56,749
	Culture/Recreation			7,004,166
	Other Uses			460,400
	Non Expenditures:
	Transfers to other Funds			780,492
	Reserves			89,596
	TOTAL PROPOSED APPROPRIATIONS			29,040,054
	STORMWATER FUND
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Intergovernmental Revenue			1,147,590
	Charges for Services			1,200,001
	Miscellaneous Revenues			22,000
	TOTAL ESTIMATED REVENUES AND OTHER			29,040,054
	PROPOSED APPROPRIATIONS
	Physical Environment			2,369,591
	TOTAL PROPOSED APPROPRIATIONS			2,369,591
	GREATER LEESBURG COMMUNITY REDEVELOPMENT AGENCY
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Intergovernmental Revenue			335,490
	Miscellaneous Revenues			6,000
	Total Estimated Revenues			341,490
	Other Financing Sources:
	Transfers from other Funds			224,066
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS			565,556
	PROPOSED APPROPRIATIONS
	Economic Environment			200
	Non Expenditures:
	Transfers to other Funds			258,630
	Debt Service			24,048
	Reserves			282,678
	TOTAL PROPOSED APPROPRIATIONS			565,556
	CARVER HEIGHTS COMMUNITY REDEVELOPMENT AGENCY
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Intergovernmental Revenue			125,745
	Miscellaneous Revenues			2,000
	Total Estimated Revenues			127,745
	Other Financing Sources:
	Transfers from other Funds			83,982
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS			211,727
	PROPOSED APPROPRIATIONS
	Economic Environment			200
	Reserves			211,527
	TOTAL PROPOSED APPROPRIATIONS			211,727
	US HWY 441/27 COMMUNITY REDEVELOPMENT AGENCY
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Intergovernmental Revenue			375,543
	Other Financing Sources:
	Transfers from other Funds			272,444
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS			647,987
	PROPOSED APPROPRIATIONS
	Economic Environment			647,987
	TOTAL PROPOSED APPROPRIATIONS			647,987
	DEBT SERVICE FUND
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Other Taxes			606,236
	Intergovernmental Revenue			1,019,879
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS			1,626,115
	PROPOSED APPROPRIATIONS
	Non Expenditures:
	Debt Service			1,626,115
	TOTAL PROPOSED APPROPRIATIONS			1,626,115
	CAPITAL PROJECTS FUND
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Intergovernmental Revenue			9,727,669
	Other Financing Sources:
	Debt Proceeds			3,715,000
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS			13,442,669
	PROPOSED APPROPRIATIONS
	General Government			280,588
	Transportation			10,772,817
	Culture/Recreation			2,262,353
	Other Uses			126,911
	TOTAL PROPOSED APPROPRIATIONS			13,442,669
	ELECTRIC FUND
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Charges for Services			70,387,053
	Miscellaneous Revenues			484,304
	Other Sources			151,895
	Total Estimated Revenues			71,023,252
	Other Financing Sources:
	Debt Proceeds			-
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS			71,023,252
	PROPOSED APPROPRIATIONS
	Physical Environment			62,194,076
	Non Expenditures:
	Transfers to other Funds			6,546,775
	Debt Service			1,185,749
	Reserves			1,096,652
	TOTAL PROPOSED APPROPRIATIONS			71,023,252
	GAS FUND
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Charges for Services			12,110,692
	Miscellaneous Revenues			243,374
	Other Sources			1,200
	Total Estimated Revenues			12,355,266
	Other Financing Sources:
	Debt Proceeds			787,101
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS			13,142,367
	PROPOSED APPROPRIATIONS
	Physical Environment			11,839,528
	Non Expenditures:
	Transfers to other Funds			1,109,275
	Debt Service			150,349
	Reserves			43,215
	TOTAL PROPOSED APPROPRIATIONS			13,142,367
	WATER FUND
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Charges for Services			5,532,703
	Miscellaneous Revenues			3,377,401
	Other Sources			1,376,381
	Total Estimated Revenues			10,286,485
	Other Financing Sources:
	Debt Proceeds			4,709,387
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS			14,995,872
	PROPOSED APPROPRIATIONS
	Physical Environment			12,909,827
	Non Expenditures:
	Transfers to other Funds			591,846
	Debt Service			558,965
	Reserves			935,234
	TOTAL PROPOSED APPROPRIATIONS			14,995,872
	WASTEWATER FUND
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Charges for Services			7,361,159
	Miscellaneous Revenues			6,317,988
	Total Estimated Revenues			13,679,147
	Other Financing Sources:
	Debt Proceeds			962,909
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS			14,642,056
	PROPOSED APPROPRIATIONS
	Physical Environment			10,450,319
	Non Expenditures:
	Transfers to other Funds			533,684
	Debt Service			772,138
	Reserves			2,885,915
	TOTAL PROPOSED APPROPRIATIONS			14,642,056
	COMMUNICATIONS FUND
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Charges for Services			1,225,364
	Miscellaneous Revenue			15,248
	Other Sources			205,200
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS			1,445,812
	PROPOSED APPROPRIATIONS
	Physical Environment			1,173,212
	Non Expenditures:
	Debt Service			116,000
	Reserves			156,600
	TOTAL PROPOSED APPROPRIATIONS			1,445,812
	SOLID WASTE FUND
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Charges for Services			3,246,104
	Miscellaneous Revenues			38,603
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS			3,284,707
	PROPOSED APPROPRIATIONS
	Physical Environment			3,056,614
	Non Expenditures:
	Transfers to other Funds			228,093
	TOTAL PROPOSED APPROPRIATIONS			3,284,707
	POLICE PENSION FUND
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Other Taxes			185,000
	Miscellaneous Revenues			491,135
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS			676,135
	PROPOSED APPROPRIATIONS
	General Government			520,000
	Reserves			156,135
	TOTAL PROPOSED APPROPRIATIONS			676,135
	FIRE PENSION FUND
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Other Taxes			127,000
	Miscellaneous Revenues			351,932
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS			478,932
	PROPOSED APPROPRIATIONS
	General Government			439,000
	Reserves			39,932
	TOTAL PROPOSED APPROPRIATIONS			478,932
	GENERAL EMPLOYEE'S PENSION FUND
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Miscellaneous Revenues			3,007,632
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS			3,007,632
	PROPOSED APPROPRIATIONS
	General Government			2,300,000
	Reserves			707,632
	TOTAL PROPOSED APPROPRIATIONS			3,007,632
	HEALTH INSURANCE FUND
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Charges for Services			3,843,267
	Miscellaneous Revenues			225,000
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS			4,068,267
	PROPOSED APPROPRIATIONS
	General Government			4,068,267
	TOTAL PROPOSED APPROPRIATIONS			4,068,267
	WORKERS' COMPENSATION FUND
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Charges for Services			514,400
	Miscellaneous Revenues			60,000
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS			574,400
	PROPOSED APPROPRIATIONS
	General Government			574,400
	TOTAL PROPOSED APPROPRIATIONS			574,400
	ALL FUNDS
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Ad Valorem Taxes			5,566,190
	Other Taxes			7,840,391
	Licenses and Permits			1,356,030
	Intergovernmental Revenue			14,783,229
	Charges for Services			105,757,604
	Fines and Forfeits			384,145
	Miscellaneous Revenues			17,415,520
	Other Sources			1,734,676
	Total Estimated Revenues			154,837,785
	Other Financing Sources:
	Transfers from other Funds			9,848,795
	Debt Proceeds			10,174,397
	Fund Balance/Net Assets Appropriated			382,154
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS			175,243,131
	PROPOSED APPROPRIATIONS
	General Government			10,932,648
	Public Safety			14,134,056
	Physical Environment			104,370,633
	Transportation			13,650,971
	Economic Environment			1,156,969
	Human Services			56,749
	Culture/Recreation			9,266,519
	Other Uses			587,311
	Non Expenditures:
	Transfers to other Funds			10,048,795
	Debt Service			4,433,364
	Reserves			6,605,116
	TOTAL PROPOSED APPROPRIATIONS			175,243,131
	SECTION II.
	This ordinance shall become effective October 1, 2006.
	PASSED AND ADOPTED at a regular meeting of the City Commission of the
	City of Leesburg, Florida held the 25th of September 2006.
			Mayor
	ATTEST:
	City Clerk