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HomeMy WebLinkAbout2008-1078-12/8/2008 his Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2008-1078 RESOLUTION APPROVING THE CALENDAR YEAR 2009 WATERLOO WATER WORKS BUDGET. sBE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA: 5 Section 1 . Following notice published and the public hearing E5n December 8, 2008, the Waterloo Water Works Calendar Year 2009 Budget is approved as follows : M - 1:7 BUDGET RE-ESTIMATED ACTUAL REVENUES & OTHER FINANCING SOURCES CY 2009 CY 2008 CY 2007 Use of Money and Property c Charges for Services $5, 865, 100 $5, 045, 785 $4, 510, 893 y Miscellaneous $ 595, 900 $ 717, 017 $ 715, 664 < Operating Transfers In Proceeds of Long Term Debt/FEMA $ 582, 519 $3, 300, 000 b- Proceeds of Fixed Asset Sales Total Revenues & Other Financing Sources $7, 043, 519 $5, 762, 802 $8, 526, 557 EXPENDITURES AND TRANSFERS OUT -- Expenditures $8, 893, 027 $5, 735, 995 $6, 500, 491 Transfers Out Total Expenditures & Transfers Out $8, 893, 027 $5, 735, 995 $6, 500, 491 Excess of Revenues & Other Sources Over (under) Expenditures & Transfers Out Beginning Fund Balance as originally reported $2, 699, 464 $2, 672, 657 $646, 591 Adjustment to actual Beginning Fund Balance as restated January 1 Ending Fund Balance December 31 $ 849, 956 $2, 699, 464 $2, 672, 657 PASSED AND ADOPTED this 8th day of December, 2008 . Tim Hurley, Mayor ATTEST : Nancy EckeCMC City Clerk )