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R-82-404CITY OF CLERMONT RESOLUTIONS N0. 404 A RESOLUTION OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA ESTABLISHING THE UTILITIES FUND BUDGET FOR THE CITY OF CLERMONT FOR THE FISCAL YEAR 1982 - 1983; AUTHORIZING RE--• CEIPTS AND DISBURSEMENTS CONTAINED HEREWITH. WHEREAS, Bond Resolutions of the City of Clermont require the City to adopt a Utility Budget as least forty-five days before the end of the fiscal year, WHEREAS, the Budget must be adopted a second time in accordance with Florida Statutes, 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 water and sewer operations of the government of said City for the Fiscal Year of October 1, 1982 to September 30, 1983. WATER REVENUES: Water Sales $338,031 Tapping Fees 10,000 Hydrant Rental 5,000 Miscellaneous & Interest 8,900 TOTAL $361,931 LESS: Expenditures 326,171 NET INCOME (LOSS) $ 35,760 SEWER REVENUES: Sewer Service $416,000 Connection Fees 1,800 Miscellaneous & Interest 16,900 TOTAL $434,700 LESS: Expenditures 438,322 NET INCOME (LOSS) $ (3,622) WATER AND SEWER NET INCOME (LOSS) $ 32,138 CHANGE IN CASH BALANCE $ 32,138 DONE AND RESOLVED BY THE CITY COUNCIL OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, THIS ~Q DAY OF 1982. CITY OF CLERMONT 1 J.M. Hoskinson, Mayor ATTEST: Jul e M. Brandt