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HomeMy WebLinkAbout2013-1009-12/02/2013Prepared by Carol Nemmers, Deputy City Clerk, City of Waterloo, 715 Mulberry Street, Waterloo, IA 50703, (319) 291-4323. RESOLUTION NO. 2013-1009 RESOLUTION APPROVING THE CALENDAR YEAR 2014 WATERLOO WATER WORKS BUDGET. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF WATERLOO, IOWA: Section 1. Following notice published November 7, 2013 of the public hearing held on December 2, 2013, the Waterloo Water Works Calendar Year 2014 Budget is approved as follows: EXPENDITURES AND TRANSFERS OUT Expenditures BUDGET RE -ESTIMATED ACTUAL REVENUES & OTHER FINANCING SOURCES CY 2014 CY 2013 CY 2012 Use of Money and Property Charges for Services $7,880,500 $7,201,514 $7,277,964 Miscellaneous $639,500 $648,800 $797,205 Operating Transfers In Proceeds of Long Term Debt/FEMA $(3,652,875) $ 451,714 $(233,672) Proceeds of Fixed Asset Sales Total Revenues & Other Financing $5,184,170 $4,732,456 $4,966,128 Sources $8,520,000 $7,850,314 $8,075,169 EXPENDITURES AND TRANSFERS OUT Expenditures $12,172,875 $7,398,600 $8,308,841 Transfers Out Total Expenditures & Transfers Out $12,172,875 $7,398,600 $8,308,841 Excess of Revenues & Other Sources Over (under) Expenditures & Transfers Out $(3,652,875) $ 451,714 $(233,672) Beginning Fund Balance as originally reported $5,184,170 $4,732,456 $4,966,128 Adjustment to actual Beginning Fund Balance as restated January 1 Ending Fund Balance December 31 $1,531,295 $5,184,170 $4,732,456 PASSED AND ADOPTED this 2nd day of December, 2013. Ernest G. Clark, Mayor ATTEST: uzy S ares, CMC City Clerk