CITY OF LAUDERDALE LAKES
Agenda Cover Page

Fiscal Impact:  No                           Contract Requirement:   No

PUBLIC HEARING - ORDINANCE 2021-008 APPROVING AND ADOPTING THE TENTATIVE BUDGET FOR THE CITY OF LAUDERDALE LAKES, FOR FISCAL YEAR 2021-2022, COMMENCING OCTOBER 1, 2021, AND ENDING SEPTEMBER 30, 2022; APPROPRIATING FUNDS FOR THE OPERATION OF THE GOVERNMENT OF THE CITY OF LAUDERDALE LAKES FOR FISCAL YEAR 2021-2022

This Ordinance provides for the adoption of funding to certain appropriation centers consistent with the City Manager's proposed Fiscal Year 2021-2022 Budget and subsequent modifications from the Budget Workshop. Advertising for the this public hearing appeared on the Truth-in- Millage (TRIM) Notice mailed to all property owners.

Background:

Staff recommends approval of the Ordinance establishing the City of Lauderdale Lakes Fiscal Year 2021-2022 Budget (All Funds) of $69,815,586. This ordinance appropriates funding for police and fire services and funds core City services. 

It is recommended that the City Commission follow the procedures set out in Florida Statutes (F.S.) 200.065:

• Adopt the recommended Tentative FY 2021-2022 Annual City Budget/Appropriation ordinance after having adopted the tentative millage rate;
• Announce that the final public hearing on the FY 2021-2022 Annual City Budget is scheduled for September 23, 2021 at 5:01 PM to be held at City Hall, 4300 NW 36th Street, Lauderdale Lakes. But also the public meeting will be available virtually and instructions to access the meeting can be found on the City’s agenda website: https://lauderdalelakes.novusagenda.com/agendapublic/

This ordinance adopts the Tentative Fiscal Year 2021-2022 Budget for the City of Lauderdale Lakes. The appropriations in Exhibit A represent funding to support the City Manager's proposed Fiscal Year 2021-2022 Budget and additional recommendations made at Budget Workshop discussions with the Commission.

With approval of this ordinance, the resulting tentative budget will be advertised in the Sun-Sentinel and other media outlets according to the requirements of Florida Statute. Advertisement for the Notice of Tax Increase and the Budget Summary will meet statutory requirements for the final adoption of the FY 2021-2022 Annual Final Budget on September 23, 2021 at 5:01 PM in the Commission Chambers at City Hall. With the passage on second reading, the adopted budget for Fiscal Year 2021-2022 will be completed.

Funding Source:

N/A

There is no current year financial impact.

This ordinance sets the tentative budget for FY 2021-2022. It effects all funds by fund category General Fund, Special Revenue Funds, Debt Funds, Capital Funds and Enterprise Funds.

The General Fund is supported by the tentative property tax millage of 8.6000 mills. The General Fund funds the City’s highest priority, public safety (Police and Fire Services), through the contractual obligations.

Sponsor Name/Department:   Asheley A. Hepburn, MPA –Director, Financial Services Department

Meeting Date:   9/15/2021