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HomeMy WebLinkAbout2005-1062-12.05.2005 T =� This Resolution prepared by Nancy Eckert, City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2005-1062 RESOLUTION APPROVING THE CALENDAR YEAR 2006 -= WATERLOO WATER WORKS BUDGET. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA: • < Section 1 . Following notice published and the public hearing c.1 on December 5, 2005, the Waterloo Water Works Calendar Year 2006 udget is approved as follows : ru BUDGET RE-ESTIMATED ACTUAL o REVENUES & OTHER FINANCING SOURCES CY 2006 CY 2005 CY 2004 Use of Money and Property "' Charges for Services $4,210, 000 $3, 780, 000 $3, 344, 275 Miscellaneous $ 673, 500 $ 784, 000 $ 620, 581 Operating Transfers In -- Proceeds of Long Term Debt $1, 300, 000 Proceeds of Fixed Asset Sales Total Revenues & Other Financing $6, 183, 500 $4, 564, 000 $3, 964, 856 ` Sources EXPENDITURES AND TRANSFERS OUT - Expenditures $6, 320, 767 $4, 444, 677 $3, 944, 926 Transfers Out Total Expenditures & Transfers $6, 320, 767 $4, 444, 677 $3, 944, 926 Out Excess of Revenues & Other Sources Over (under) Expenditures & Transfers Out Beginning Fund Balance as originally reported $1, 041, 028 $ 921, 705 $ 132, 309 Adjustment to actual $ 769, 466 Beginning Fund Balance as restated January 1 $ 901, 775 Ending Fund Balance December 31 $ 903, 761 $1, 041, 028 $ 921, 705 PASSED AND ADOPTED this 5th day of December, 2005 . /.L�� Tim Hurley, May ATTEST : Nancy Eck City er-