Commission Meeting Agenda Item

WHEREAS, the Town Manager of the Town of Lady Lake has prepared the annual report and budget for the Town of Lady Lake for Fiscal Year 2021—2022 and has submitted same to the Town Commission; and

WHEREAS, the proposed budget sets forth, in detail, information on revenues and expenditures, including debt service, and comparative figures for preceding fiscal years; and

WHEREAS, the Town Commission has made a study of the recommended budget and has made amendments thereto as indicated in the budget; and

WHEREAS, a general summary of the proposed budget has been duly advertised in a newspaper of general circulation in the Town with notice to all citizens that the budget is available for public inspection in the office of the Town Clerk; and

WHEREAS, a public hearing on the proposed budget has been conducted by the Town Commission at 6 p.m. on September 20, 2021, in the Town Commission Chambers at 409 Fennell Blvd., Lady Lake, Florida.

NOW, THEREFORE, BE IT ORDAINED by the Town Commission of the Town of Lady Lake, Lake County, Florida:

SECTION 1:

The following amounts are appropriated for various funds:

Fund Number	Description	Amount
001	General Fund	$15,279,482
101	Special Revenue Fund (Infrastructure Sales Tax)	2,624,464
401	Utilities Fund	11,256,101
	Total	$29,160,047

SECTION 2:
The Fiscal Year 2021—2022 budget for the Town of Lady Lake, as submitted by the Town Manager and as amended by the Town Commission to fund the amounts necessary for the successful operation of the Town departments, is hereby adopted.

SECTION 3:

The budget adopted in the preceding section shall govern the expenditures of the Town during the ensuing fiscal year effective October 1, 2021 through September 30, 2022.

SECTION 4:

Supplemental appropriations, reductions of appropriations, emergency appropriations, and interdepartmental transfers of appropriations may be affected by the Town Commission and the Town Manager as deemed necessary in strict compliance with the procedures specific in Article 7, Charter of the Town of Lady Lake, Florida.

SECTION 5:

All ordinances, resolutions, or parts of ordinances or resolutions in conflict with the provisions of this ordinance are hereby repealed to the extent of such conflict.

SECTION 6:

If any provision of this ordinance or the application thereof to any person or circumstance is held invalid, the invalidity shall not affect other provisions or applications of the ordinance, which can be given effect without the invalid provision, or application, and to this end, the provisions of this ordinance are declared severable.

SECTION 7:

This ordinance shall become effective immediately upon final passage by the Town Commission.

PASSED AND ADOPTED this 20th day of September, 2021, in the regular session of the Town Commission of the Town of Lady Lake, Lake County, Florida, upon the second and final reading.