AGENDA MEMORANDUM

 

 

Meeting Date:           September 22, 2008

 

From:                          Jay Evans, City Manager and Jerry Boop, Finance Director, CPA, CGFO     

 

Subject:                      Public Hearing for FY 2008-09 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 2008-09 millage rate and budget. 

 

 

 

FUND

 

PROPOSED FISCAL YEAR 2008-09 BUDGET

 

General Fund:

 

$24,706,041

 

 

 

 

 

 

Special Revenue Funds:

 

 

 

 

Stormwater Utility Fund

 

1,445,966

 

 

Greater Leesburg CRA Fund

 

647,206

 

 

Carver Heights CRA Fund

 

2,031,979

 

 

US Hwy 441 CRA Fund

 

1,228,127

 

 

Police Impact Fees Fund

 

75,000

 

 

Police Forfeiture Fund

 

59,800

 

 

Building Permits Fund

 

881,000

 

 

Discretionary Sales Tax Fund

 

1,580,679

 

 

 

 

 

 

Debt Service Fund:

 

1,622,816

 

 

 

 

 

 

Capital Projects Fund:

 

 

 

 

 

 

 

4,446,870

 

 

 

 

 

 

 

 

FUND

 

PROPOSED FISCAL YEAR 2008-09 BUDGET

 

Enterprise Funds:

 

 

 

 

Electric Utility Fund

 

75,953,133

 

 

Gas Utility Fund

 

11,282,790

 

 

Water Utility Fund

 

8,666,537

 

 

Wastewater Utility Fund

 

10,326,096

 

 

Communications Utility Fund

 

1,184,221

 

 

Solid Waste Utility Fund

 

3,749,246

 

 

Kristen Street Fund

 

1,267,500

 

 

 

 

 

 

Internal Service Funds:

 

 

 

 

Health Insurance Fund

 

4,379,563

 

 

Workers’ Compensation Insurance Fund

 

624,590

 

 

 

 

 

 

Pension Trust Funds:

 

 

 

 

Municipal Police Retirement Trust Fund

 

887,557

 

 

Municipal Firemen’s Retirement Trust Fund

 

1,371,828

 

 

General Employees’ Retirement Fund

 

2,095,000

 

 

 

 

 

 

 

TOTAL – ALL FUNDS

 

$160,513,545

 

 

 

Submission Date and Time:    9/17/2008 5:44 PM____

 

Department: ______________________

Prepared by:  ______________________                     

Attachments:         Yes____   No ______

Advertised:   ____Not Required ______                     

Dates:   __________________________                     

Attorney Review :       Yes___  No ____

                                                

_________________________________           

Revised 6/10/04

 

Reviewed by: Dept. Head ________

 

Finance  Dept. __________________                                     

                              

Deputy C.M. ___________________                                                                         

Submitted by:

City Manager ___________________

 

Account No. _________________

 

Project No. ___________________

 

WF No. ______________________

 

Budget  ______________________

 

Available _____________________