HomeMy WebLinkAbout2024-06 FY 24 Budget AmendmentAN ORDINANCE OF THE CITY OF OCOEE, ORANGE COUNTY, FLORIDA,
RE LATING TO THE CITY BUDGET; AMENDING THE CITY BUDGET
ADOPTED BY ORDINANCE 2023-17 FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 2023 AND ENDING SEPTEMBER 30,2024 BY PROVIDING FOR
INCREASE OF APPROPRIATIONS; PROVIDING FOR SEVERABILITY;
PROVIDING AN EFFECTIVE DATE.
SECTION 1. Authority. The City Commission of the City of Ocoee has the authority
to adopt this Ordinance pursuant to Article VIII of the Constitution of the State of Florida,
Chapter 166 Florida Statutes, and Section C-38 of Article VI of the Charter of the City of
Ocoee.
SECTION 2. Intent and Purposes. The City of Ocoee budget for the Fiscal Year
beginning October 1, 2023, and ending September 30, 2024, as adopted by Ordinance 2023-17
is hereby amended as follows:
Increase of revenues totaling $10,000,000 in the General Fund, for the receipt of
proceeds from the issuance of the Capital Improvement Note for the construction of the
Police Regional Training Facility.
Increase of appropriations totaling $7,136,407 in the General Fund, an increase of
$197,000 in the Water/Wastewater Fund, an increase of $35,500 in the Stormwater
Fund, an increase of $5,000 in the Solid Waste Fund, an increase of $1,500,000 in the
Fire Impact Fee Fund, and an increase in the CRA Fund of $7,900 as shown in detail,
attached hereto and incorporated herein by reference are hereby confirmed, adopted and
approved in all respects by the City Commission of the City of Ocoee.
A reallocation of capital project funding and refunding of General Fund expenditures of
$3,790,312, as shown in detail, attached hereto and incorporated herein by reference are
hereby confirmed, adopted and approved in all respects by the City Commission of the
City of Ocoee.
SECTION 3. Appropriations. There are expressly appropriated out of anticipated
revenues and monies necessary to meet the supplemental appropriations stipulated by and in
said amended final budget.
SECTION 4. Severability. If any section, subsection, sentence, clause, phrase or
portion of this Ordinance is for any reason held invalid or unconstitutional by any court of
competent jurisdiction, such portion shall be deemed a separate, distinct and independent
provision and such holding shall not affect the validity of the remaining portion hereto.
SECTION S. Effective Date. This Ordinance shall become effective ten (10) days after
its passage and adoption.
PASSED AND ADOPTED this 5-Lb- day of W�c, 2024.
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Melanie Sibbitt, City Clerk
mop. 1
this day of
Rusty JohnAn,"Miyor
ADVERTISED 204
--_'_-'__--___ 20 2024.
READ SECOND TIME AND ADOPTED
MOK,h .^ 92024.