TOWN OF LAKE PLACID

OFFICIAL WEBSITE OF TOWN OF LAKE PLACID GOVERNMENT

     

 

 

Town of Lake Placid

Lake Placid, FL

2017-18 Budget

BUDGET SUMMARY
TOWN OF LAKE PLACID FISCAL YEAR 2017-2018
THE PROPOSED OPERATING BUDGET EXPENDITURES OF TOWN OF LAKE PLACID
IS 12.4% MORE THAN LAST YEAR'S TOTAL OPERATING EXPENDITURES

 

Millage Per $1,000
General Fund  3.6500
SPECIAL
GENERAL INFRAST. ENTERPRISE CAPITAL TOTAL
FUND REVENUE FUND FUNDS BUDGET
FUND Water/
ESTIMATED REVENUES:         Wastewater  
Taxes:        Millage Per $1000
Ad Valorem Tax  3.6500 637,111 637,111
Sales and Use Taxes 543,306 254,887 798,193
Maintenance Fees 30,479 30,479
Charges for Services 1,150 2,665,559 2,666,709
Intergovernmental Revenue 33,283     33,283
Licenses & Permits 206,811 206,811
Fines & Forfeitures 11,232 11,232
Recreation Fees 16,000 16,000
Franchise Fees 190,000 190,000
Interfund Transfer     128,031 146,000 274,031
Interest Earned/Other 6,000 3,000 5,150 3,500 17,650
TOTAL SOURCES   1,675,372 257,887 2,798,740 149,500 4,881,499
Transfers in 195,827   220,000   415,827
Fund Balance 0 220,000 220,000
Reserves/Net Assets       76,341 400,000 476,341
 
TOTAL REVENUES & TRANSFERS    1,871,200 477,887 3,095,081 549,500 5,993,667
EXPENDITURES/EXPENSES:            
General/Government 231,350 231,350
Public Safety 781,788 35,000 816,788
Physical Environment 220,000 760,795 980,795
Transportation 523,416 120,000 643,416
Debt Services 128,031 128,031
Utilities 1,912,801 1,912,801
Human Services 44,565 44,565
Capital Improvements       509,000 509,000
Recreation & Culture 210,774   210,774
Horticulture   73,873       73,873
TOTAL EXPENDITURES/EXPENSES   1,821,200 375,000 2,846,192 509,000 5,551,391
Fund Balance 50,000 102,887 152,887
Reserves/Net Assets       248,889 40,500 289,389
TOTAL APPROPRIATED EXPENSES 1,871,200 477,887 3,095,081 549,500 5,993,667
  AND RESERVES            
THE TENTATIVE, ADOPTED, AND/OR FINAL BUDGETS ARE ON FILE IN THE OFFICE OF THE ABOVE
MENTIONED TAXING AUTHORITY AS A PUBLIC RECORD.