HomeMy WebLinkAbout2012-1142-12/03/2012Prepared by Carol Failor, Deputy City Clerk, City of Waterloo,
715 Mulberry Street, Waterloo, IA 50703.
RESOLUTION NO. 2012-1142
RESOLUTION APPROVING THE CALENDAR YEAR 2013
WATERLOO WATER WORKS BUDGET.
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO,
IOWA:
Section 1. Following notice published November 6, 2012 of
the public hearing held on December 3, 2012, the Waterloo Water
Works Calendar Year 2013 Budget is approved as follows:
Excess of Revenues & Other Sources
Over (under) Expenditures &
Transfers Out $(2,116,703) $(558,066) $1,426,543
Beginning Fund Balance as
originally reported $4,408,062 $4,966,128 $3,539,585
Adjustment to actual
Beginning Fund Balance as
restated January 1
Ending Fund Balance December 31 $2,291,359 $4,408,062 $4,966,128
PASSED AND ADOPTED this
ATTEST:
Suzy Schres, CMC
City Cie k
3rd day of December, 2012.
Ernest G. Clark, Mayor
BUDGET
RE -ESTIMATED
ACTUAL
REVENUES & OTHER FINANCING SOURCES
CY 2013
CY 2012
CY 2011
Use of Money and Property
Charges for Services
$7,378,900
$7,073,940
$6,727,997
Miscellaneous
$648,500
$714,750
$831,426
Operating Transfers In
Proceeds of Long Term Debt/FEMA
$351,835
Proceeds of Fixed Asset Sales
Total Revenues & Other Financing
Sources
$8,027,400
$7,788,690
$7,911,258
EXPENDITURES AND TRANSFERS OUT
Expenditures
$10,144,103
$8,346,756
$6,484,715
Transfers Out
Total Expenditures & Transfers
Out
$10,144,103
$8,346,756
$6,484,715
Excess of Revenues & Other Sources
Over (under) Expenditures &
Transfers Out $(2,116,703) $(558,066) $1,426,543
Beginning Fund Balance as
originally reported $4,408,062 $4,966,128 $3,539,585
Adjustment to actual
Beginning Fund Balance as
restated January 1
Ending Fund Balance December 31 $2,291,359 $4,408,062 $4,966,128
PASSED AND ADOPTED this
ATTEST:
Suzy Schres, CMC
City Cie k
3rd day of December, 2012.
Ernest G. Clark, Mayor