HomeMy WebLinkAbout2014-1031-12/08/2014 Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323 .
RESOLUTION NO. 2014-1031
RESOLUTION APPROVING THE CALENDAR YEAR 2015
WATERLOO WATER WORKS BUDGET.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO,
IOWA:
Section 1 . Following notice published November 11, 2014 of
the public hearing held on November 26, 2014, the Waterloo Water
Works Calendar Year 2015 Budget is approved as follows :
BUDGET RE-ESTIMATED ACTUAL
REVENUES & OTHER FINANCING SOURCES CY 2015 CY 2014 CY 2013
Use of Money and Property
Charges for Services $ 8, 492, 500 $7, 880, 500 $7,356, 949
Miscellaneous $ 667, 000 $ 752, 878 $ 680, 650
Operating Transfers In
Proceeds of Long Term Debt/FEMA
Proceeds of Fixed Asset Sales
Total Revenues & Other Financing
Sources $ 9, 159,500 $8, 633, 378 $8,037,599
EXPENDITURES AND TRANSFERS OUT
Expenditures $ 11, 664,377 $9, 172, 587 $8,039, 364
Transfers Out
Total Expenditures & Transfers
Out $ 11, 664,377 $9, 172, 587 $8, 039,364
Excess of Revenues & Other Sources
Over (under) Expenditures &
Transfers Out $ (2, 504, 877) $ (539,209) $ (1,765)
Beginning Fund Balance as
originally reported $ 4, 191, 482 $4, 730, 691 $4, 732, 456
Adjustment to actual
Beginning Fund Balance as
restated January 1
Ending Fund Balance December 31 $ 1, 686, 605 $4, 191, 482 $4, 730, 691
PASSED AND ADOPTED this 8th day of December, 2014 .
/-7°
nest G. Clark, Mayor
ATTEST:
Suzy Sch res, CMC
City Cle k