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R-02-1272• CITY OF CLERMONT • RESOLUTION NO. 1272 A RESOLUTION OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, ESTABLISHING THE INFRASTRUCTURE FUND BUDGET FOR THE CITY OF CLERMONT FOR THE FISCAL YEAR 2002-2003, AUTHORIZING RECEIPTS AND DISBURSEMENTS CONTAINTED THEREIN. WHEREAS, it is hereby found and determined by the City Council of the City of Clermont, Lake County, Florida, that the following sums of money are required for the infrastructure needs of the government of said City for the Fiscal Year of October 1, 2002 to September 30, 2003. CASH BALANCES BROUGHT FORWARD $ 716,582 ESTIMATED REVENUES: Taxes 798,800 S Miscellaneous 15,400 TOTAL ESTIMATED REVENUES $ 814,200 TOTAL CASH BALANCES AND ESTIMATED REVENUES 1,530,782 EXPENDITURES: Transportation 544,254 Public Works 75,800 Transfers-Out 335,563 TOTAL EXPENDITURES $ 955,617 RESERVES $ 575,165 TOTAL EXPENDITURES AND RESERVES 1 0 NOW, THEREFORE, BE IT RESOLVED, that the above said budget for the Infrastructure Fund of the City of Clermont for the 2002-2003 Fiscal Year and appropriations therefore are hereby adopted. • ., CITY OF CLERMONT RESOLUTION NO. 1272 Page 2 • DONE AND RESOLVED BY THE CITY COUNCIL OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA THIS a~~DAY OF SEPTEMBER, 2002. <<~ aro d S. Turville, Mayor Attest: J seph E. Van City Clerk • •