HomeMy WebLinkAboutOrdinance 445
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ORDINANCE No. _~L!::L..S
AN ORDINANCE APPROPRIATING AND ALLOCATING TI-m r~EVENUE OF THE CITY
OF OCOEE, FLORIDA, FOJ:Z THE FISCAL YEAR BEGINNING NOVE},mET( 1st, 1963,
AND ENDING OCTOBER 31st, 1964.
i'vHEREAS, the City Counc i 1
that a sum of $155,467.60
penses and retirements of
the fiscal year beginning
1964; and
has heretofore ascertained and determined
is necessary to defray the operating ex-
r- . - 1 .', -'- th .c
rerudlng bonGS ana lntereSL ereon ror
Noven:ber 1st, 1963, and ending October 31st,
WHEREAS, the City Council has heretofore fixed the rate of taxation
at 20 mills and levied said tax on the properties within the cor-
porate limi ts of the Ci ty for the fiscal year beijinnin:; Novelibe:: 1st,
1963, and ending October 31st, 1964; and
\JILEREAS, it is anticipated that there will be available [0"( u~;e and
disbursement revenue and funds froll; the fol10win[; sources and in tIle
following amounts:
Ad Valorem tax
Cigarette Tax
Utility Tax
l'later Revenue
Fines and Forfeitures
licenses
Garbage Collection
Franchise Tax
}lisce llaneous
Total
and,
$39,167.60
2c; ,000.00
21,000.00
i4l, 000.00
7,000.00
3,000.00
10,000.00
3,300.00
_~_2 0 0_0~:....0_q
$155,467.60
WHEREAS, the operating expenses, retirement of the City's Refundi
Bonds and payment of interest thereon will be as follows:
Police Department
Street Department
Clerk Salary
Water Department
Sanitation Department
Power & Lights
Fire Department
Office Expense
Legal Expense and Auditing
Telephone Service
Insurance and Surety Bonds
Bond Interest
Bond Retirement
Recreation Department
Total
now therefore,
$25,900.00
40,000.00
3,900.00
33,667.60
15,000.00
10,000.00
10,000.00
1,600.00
800.00
600.00
5,500.00
2,500.00
3,000.00
___ 3 L~?SL9--=--9-9
$155,467.60
BE IT ORDAULED BY THE CITY COUI\CI L OF TH~, CITY OP OCOEE:
Section 1. That the su~ of $3,000.00 or such portion thereof as
may be realized from the collection of anticip~ted revenue from the
Ad Valorem tax be, and the same is hereby, appropriated and allo-
cated to the Interest and Sinking Fund of said City for retirement
of refunding bonds for the fiscal year beginning November 1st, 1963,
and ending October 31st, 1964.
Section 2. That the SUli. of $2,500.00 or such portion thereof as
may be realized from the collection of anticipated revenue from the
Ad Valorem tax be, and the same is hereby, appropriated and allo-
cated to the Interest and Sinking Fund of said City for payment of
interest on the refunding bonds for the fiscal year beginning
November 1st, 1963, and ending October 31st, 1964.
Section 3. That the sum of $14~967.60 or such portion thereof as
mav be realized from the collection of anticipated revenue as above
se~ forth be, and the same is hereby, approprlated and allocated to
the general fund of said City for disbursen:ent of the operating ex-
penses of said City in conformity to the provisions of the Charter of
said City during the fiscal year beginnin~: Nover.:ber 1st, 1963, and
ending October 31st, 1964.
Section 4. That the sum realized from the collection of Cigarette
Tax Revenue be, and the same is hereby, appropriated and allocated
for disbursement in accordance with the tenor and effect of Chapter
210, Florida Statues, during the fiscal year beginning November 1st,
1963, and ending October 31st, 1964.
Section 5. Copies of this ordinance shall be posted as provided for
by law and the Charter of the City of Ocoee.
S e c t i on 6.
its passage
ing a law.
This ordinance shall become effective immediately upon
and approval by the Mayor, or upon its otherwise becom-
Section 7. All-ordinances and parts of ordinances in conflict here-
with are hereby repealed.
Section 8. Should any portion of this ordinance be held invalid,
then such portion as are not dErlarecl to be invalid shall relTJall1 1n
full force and efect.
/./fi
Done in open session at Ocoee, Orange County, Florida, this
day of October, 1964.
Attest /C) - / ./7.J/~
~rk
Approved by the Mayor this
_Lai._ day of October, 1963.
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