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HomeMy WebLinkAbout2009-1186-12/07/2009This Resolution prepared by Carol Failor, Deputy City Clerk, 715 Mulberry Street, Waterloo, Iowa. RESOLUTION NO. 2009-1186 RESOLUTION APPROVING THE CALENDAR YEAR 2010 WATERLOO WATER WORKS BUDGET. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA: Section 1. Following notice published November 6, 2009 of the public hearing held on November 18, 2009, the Waterloo Water Works Calendar Year 2010 Budget is approved as follows: Tib Hurley, Mayor ATTEST: 0'09',Y.�a.lX.l7l� Carol bailor, Deputy City Clerk BUDGET RE -ESTIMATED ACTUAL REVENUES & OTHER FINANCING SOURCES CY 2010 CY 2009 CY 2008 Use of Money and Property Charges for Services $6,322,600 $5,865,100 $4,930,835 Miscellaneous $ 609,500 $ 596,000 $ 745,147 Operating Transfers In Proceeds of Long Term Debt/FEMA $1,634,749 Proceeds of Fixed Asset Sales Total Revenues & Other Financing Sources $8,566,849 $6,461,100 $5,675,982 EXPENDITURES AND TRANSFERS OUT Expenditures $9,503,685 $6,443,179 $5,683,363 Transfers Out Total Expenditures & Transfers Out $9,503,685 $6,443,179 $5,683,363 Excess of Revenues & Other Sources Over (under) Expenditures & Transfers Out $(936,836) $17,921 $(7,381) Beginning Fund Balance as originally reported $2,683,197 $2,665,276 $2,672,657 Adjustment to actual Beginning Fund Balance as restated January 1 Ending Fund Balance December 31 $1,746,361 $2,683,197 $2,665,276 PASSED AND ADOPTED this 7th day of December, 2009. Tib Hurley, Mayor ATTEST: 0'09',Y.�a.lX.l7l� Carol bailor, Deputy City Clerk