HomeMy WebLinkAbout2010-1074-12/06/2010RESOLUTION NO. 2010-1074
RESOLUTION APPROVING THE CALENDAR YEAR 2011
WATERLOO WATER WORKS BUDGET.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO,
IOWA:
Section 1. Following notice published November 9, 2010 of the
public hearing held on November 24, 2010, the Waterloo Water Works
Calendar Year 2011 Budget is approved as follows:
EXPENDITURES AND TRANSFERS OUT
Expenditures $11,431,710 $6,569,695 $6,089,613
Transfers Out
Total Expenditures & Transfers
Out $11,431,710 $6,569,695 $6,089,613
Excess of Revenues & Other Sources
Over (under) Expenditures &
Transfers Out $(2,681,043) $362,405 $385,040
Beginning Fund Balance as
originally reported $3,412,721 $3,050,316 $2,665,276
Adjustment to actual
Beginning Fund Balance as
restated January 1
Ending Fund Balance December 31 $731,678 $3,412,721 $3,050,316
PASSED AND ADOPTED this 6th day of December, 2010.
E' est G. Clark, Ma or
ATTEST:
P
Suzy 8chares, City -Clerk
BUDGET
RE -ESTIMATED
ACTUAL
REVENUES & OTHER FINANCING SOURCES
CY 2011
CY 2010
CY 2009
Use of Money and Property
Charges for Services
$6,576,120
$6,322,600
$5,779,495
Miscellaneous
$599,500
$549,798
$695,158
Operating Transfers In
Proceeds of Long Term Debt/FEMA
$1,575.047
$59,702
Proceeds of Fixed Asset Sales
Total Revenues & Other Financing
Sources
$8,750,667
$6,932,100
$6,474,653
EXPENDITURES AND TRANSFERS OUT
Expenditures $11,431,710 $6,569,695 $6,089,613
Transfers Out
Total Expenditures & Transfers
Out $11,431,710 $6,569,695 $6,089,613
Excess of Revenues & Other Sources
Over (under) Expenditures &
Transfers Out $(2,681,043) $362,405 $385,040
Beginning Fund Balance as
originally reported $3,412,721 $3,050,316 $2,665,276
Adjustment to actual
Beginning Fund Balance as
restated January 1
Ending Fund Balance December 31 $731,678 $3,412,721 $3,050,316
PASSED AND ADOPTED this 6th day of December, 2010.
E' est G. Clark, Ma or
ATTEST:
P
Suzy 8chares, City -Clerk