RESOLUTION NO. _____________
	A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF LEESBURG, FLORIDA TENTATIVELY ADOPTING THE FISCAL YEAR 2008-09 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 2008-09 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 2008-09; 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 2008-09 as reflected below, including all modifications or amendments made during this meeting, are hereby adopted as the budget for Fiscal Year 2008-09 for the City of Leesburg, Florida:
	GENERAL FUND
	ESTIMATED REVENUES AND OTHER RECEIPTS
	Current Ad Valorem Taxes (Based on an assessed value of $1,539,189,621)
		4.3179 Mills	6,313,764
	Other Taxes		5,108,000
	Licenses and Permits		295,635
	Intergovernmental Revenue		2,340,382
	Charges for Services		775,264
	Fines and Forfeits		178,000
	Miscellaneous Revenues		1,205,240
	Total Estimated Revenues		16,216,285
	Other Financing Sources:
	Transfers from other Funds		8,489,756
	TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS		24,706,041

GENERAL FUND (Continued)
PROPOSED APPROPRIATIONS
General Government	943,130
Public Safety	13,825,024
Physical Environment	120,606
Transportation	2,345,596
Economic Environment	223,598
Human Services	20,000
Culture/Recreation	5,208,835
Other Uses	170,125
Non Expenditures:
Transfers to other Funds	1,849,127
TOTAL PROPOSED APPROPRIATIONS	24,706,041
STORMWATER FUND
ESTIMATED REVENUES AND OTHER RECEIPTS
Charges for Services	1,433,966
Miscellaneous Revenues	12,000
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	1,445,966
PROPOSED APPROPRIATIONS
Physical Environment	1,445,966
TOTAL PROPOSED APPROPRIATIONS	1,445,966
GREATER LEESBURG COMMUNITY REDEVELOPMENT AGENCY
ESTIMATED REVENUES AND OTHER RECEIPTS
Intergovernmental Revenue	353,107
Miscellaneous Revenues	8,000
Total Estimated Revenues	361,107
Other Financing Sources:
Transfers from other Funds	286,099
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	647,206

GREATER LEESBURG COMMUNITY REDEVELOPMENT AGENCY  (Continued)
PROPOSED APPROPRIATIONS
Economic Environment	325,603
Non Expenditures:
Transfers to other Funds	242,325
Debt Service	24,047
Reserves- Contributions to Fund Balance	55,231
TOTAL PROPOSED APPROPRIATIONS	647,206
CARVER HEIGHTS COMMUNITY REDEVELOPMENT AGENCY
ESTIMATED REVENUES AND OTHER RECEIPTS
Intergovernmental Revenue	197,160
Miscellaneous Revenues	6,000
Total Estimated Revenues	203,160
Other Financing Sources:
Transfers from other Funds	159,747
Debt Proceeds	1,500,000
Fund Balance Appropriated	169,072
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	2,031,979
PROPOSED APPROPRIATIONS
Economic Environment	1,791,979
Non Expenditures:
Transfers to other Funds	240,000
TOTAL PROPOSED APPROPRIATIONS	2,031,979
US HWY 441/27 COMMUNITY REDEVELOPMENT AGENCY
ESTIMATED REVENUES AND OTHER RECEIPTS
Intergovernmental Revenue	668,492
Miscellaneous Revenues	18,000
Total Estimated Revenues	686,492
Other Financing Sources:
Transfers from other Funds	541,635
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	1,228,127
US HWY 441/27 COMMUNITY REDEVELOPMENT AGENCY  (Continued)
PROPOSED APPROPRIATIONS
Economic Environment	746,925
Non Expenditures:
Reserves- Contributions to Fund Balance	481,202
TOTAL PROPOSED APPROPRIATIONS	1,228,127
DEBT SERVICE FUND
ESTIMATED REVENUES AND OTHER RECEIPTS
Other Financing Sources:
Transfers from other Funds	1,622,816
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	1,622,816
PROPOSED APPROPRIATIONS
Non Expenditures:
Debt Service	1,622,816
TOTAL PROPOSED APPROPRIATIONS	1,622,816
CAPITAL PROJECTS FUND
ESTIMATED REVENUES AND OTHER RECEIPTS
Intergovernmental Revenue	3,627,361
Other Financing Sources:
Transfers from other Funds	819,509
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	4,446,870
PROPOSED APPROPRIATIONS
Transportation	4,341,870
General Government	60,000
Culture/Recreation	45,000
TOTAL PROPOSED APPROPRIATIONS	4,446,870
ELECTRIC FUND
ESTIMATED REVENUES AND OTHER RECEIPTS
Charges for Services	74,888,133
Miscellaneous Revenues	505,000
Other Sources	560,000
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	75,953,133
PROPOSED APPROPRIATIONS
Physical Environment	67,545,044
Non Expenditures:
Transfers to other Funds	5,666,667
Debt Service	2,741,422
TOTAL PROPOSED APPROPRIATIONS	75,953,133
GAS FUND
ESTIMATED REVENUES AND OTHER RECEIPTS
Charges for Services	10,341,871
Miscellaneous Revenues	132,414
Other Sources	808,505
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	11,282,790
PROPOSED APPROPRIATIONS
Physical Environment	9,654,252
Non Expenditures:
Transfers to other Funds	857,211
Debt Service	423,831
Reserves- Contributions to Retained Earnings	347,496
TOTAL PROPOSED APPROPRIATIONS	11,282,790

WATER FUND
ESTIMATED REVENUES AND OTHER RECEIPTS
Charges for Services	7,063,851
Miscellaneous Revenues	179,070
Other Sources	1,423,616
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	8,666,537
PROPOSED APPROPRIATIONS
Physical Environment	6,352,365
Non Expenditures:
Transfers to other Funds	753,911
Debt Service	1,560,261
TOTAL PROPOSED APPROPRIATIONS	8,666,537
WASTEWATER FUND
ESTIMATED REVENUES AND OTHER RECEIPTS
Charges for Services	9,866,096
Miscellaneous Revenues	60,000
Other Sources	400,000
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	10,326,096
PROPOSED APPROPRIATIONS
Physical Environment	7,541,090
Non Expenditures:
Transfers to other Funds	719,642
Debt Service	1,833,331
Reserves- Contributions to Retained Earnings	232,033
TOTAL PROPOSED APPROPRIATIONS	10,326,096
COMMUNICATIONS FUND
ESTIMATED REVENUES AND OTHER RECEIPTS
Charges for Services	1,172,221
Miscellaneous Revenue	12,000
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	1,184,221
COMMUNICATIONS FUND  (Continued)
PROPOSED APPROPRIATIONS
Physical Environment	1,079,991
Non Expenditures:
Debt Service	104,230
TOTAL PROPOSED APPROPRIATIONS	1,184,221
SOLID WASTE FUND
ESTIMATED REVENUES AND OTHER RECEIPTS
Charges for Services	3,710,019
Miscellaneous Revenues	39,227
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	3,749,246
PROPOSED APPROPRIATIONS
Physical Environment	3,499,246
Non Expenditures:
Transfers to other Funds	250,000
TOTAL PROPOSED APPROPRIATIONS	3,749,246
POLICE PENSION FUND
ESTIMATED REVENUES AND OTHER RECEIPTS
Other Taxes	174,889
Miscellaneous Revenues	712,668
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	887,557
PROPOSED APPROPRIATIONS
General Government	790,000
Non Expenditures:
Reserves- Contributions to Fund Balance	97,557
TOTAL PROPOSED APPROPRIATIONS	887,557

FIRE PENSION FUND
ESTIMATED REVENUES AND OTHER RECEIPTS
Other Taxes	170,791
Miscellaneous Revenues	1,201,037
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	1,371,828
PROPOSED APPROPRIATIONS
General Government	600,000
Non Expenditures:
Reserves- Contributions to Fund Balance	771,828
TOTAL PROPOSED APPROPRIATIONS	1,371,828

GENERAL EMPLOYEE'S PENSION FUND
ESTIMATED REVENUES AND OTHER RECEIPTS
Miscellaneous Revenues	1,537,974
Other Sources	557,026
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	2,095,000
PROPOSED APPROPRIATIONS
General Government	2,095,000
TOTAL PROPOSED APPROPRIATIONS	2,095,000
HEALTH INSURANCE FUND
ESTIMATED REVENUES AND OTHER RECEIPTS
Charges for Services	4,218,813
Miscellaneous Revenues	160,750
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	4,379,563
PROPOSED APPROPRIATIONS
General Government	4,379,563
TOTAL PROPOSED APPROPRIATIONS	4,379,563
WORKERS' COMPENSATION FUND
ESTIMATED REVENUES AND OTHER RECEIPTS
Charges for Services	474,590
Miscellaneous Revenues	50,000
Other Sources	100,000
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	624,590
PROPOSED APPROPRIATIONS
General Government	624,590
TOTAL PROPOSED APPROPRIATIONS	624,590
DISCRETIONARY SALES TAX FUND
ESTIMATED REVENUES AND OTHER RECEIPTS
Other Taxes	1,580,679
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	1,580,679
PROPOSED APPROPRIATIONS
Non Expenditures:
Transfers to other Funds	1,580,679
TOTAL PROPOSED APPROPRIATIONS	1,580,679
POLICE IMPACT FEES
ESTIMATED REVENUES AND OTHER RECEIPTS
Other Sources	75,000
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	75,000
PROPOSED APPROPRIATIONS
Public Safety	75,000
TOTAL PROPOSED APPROPRIATIONS	75,000

BUILDING PERMITS FUND
ESTIMATED REVENUES AND OTHER RECEIPTS
Licenses & Permits	850,000
Intergovernmental Revenue	30,000
Miscellaneous Revenue	1,000
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	881,000
PROPOSED APPROPRIATIONS
Public Safety	646,231
Non Expenditures:
Reserves- Contributions to Fund Balance	234,769
TOTAL PROPOSED APPROPRIATIONS	881,000
POLICE FORFEITURE FUND
ESTIMATED REVENUES AND OTHER RECEIPTS
Other Sources	59,800
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	59,800
PROPOSED APPROPRIATIONS
Public Safety	59,800
TOTAL PROPOSED APPROPRIATIONS	59,800
KRISTEN STREET FUND
ESTIMATED REVENUES AND OTHER RECEIPTS
Intergovernmental Revenue	927,500
Other Financing Sources:
Transfers from other Funds	340,000
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS	1,267,500
PROPOSED APPROPRIATIONS
Economic Environment	1,267,500
	1,267,500

ALL FUNDS
ESTIMATED REVENUES AND OTHER RECEIPTS
Ad Valorem Taxes		6,313,764
Other Taxes		7,034,359
Licenses and Permits		1,145,635
Intergovernmental Revenue		8,144,002
Charges for Services		113,944,824
Fines and Forfeits		178,000
Miscellaneous Revenues		5,840,380
Other Sources		3,983,947
Total Estimated Revenues		146,584,911
Other Financing Sources:
Debt Proceeds		1,500,000
Fund Balance Appropriated		169,072
Transfers from other Funds		12,259,562
TOTAL ESTIMATED REVENUES AND OTHER RECEIPTS		160,513,545
PROPOSED APPROPRIATIONS
General Government		9,492,283
Public Safety		14,606,055
Physical Environment		97,238,560
Transportation		6,687,466
Economic Environment		4,355,605
Human Services		20,000
Culture/Recreation		5,253,835
Other Uses		170,125
Non Expenditures:
Transfers to other Funds		12,159,562
Debt Service		8,309,938
Reserves- Contributions to Fund Balance		1,640,587
Reserves- Contributions to Retained Earnings		579,529
TOTAL PROPOSED APPROPRIATIONS		160,513,545
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 11^th day of September 2008.
	Mayor
ATTEST:
City Clerk