R-87-565• •
CITY OF CLERMONT
IzESOLUTIONS
N0. 565
A RESOLUTION OF THE CITY OF CLERMONT, LAKE COUNTY,
FLORIDA, ESTABLISHING A UTILITIES FUND BUDGET
FOR THE CITY OF CLERMONT FOR THE FISCAL YEAR 1987-1988,
AUTHORIZING RECEIPTS AND DISBURSEMENTS CONTAINED HEREWITH.
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; 1987 to September 30, 1988:
WATER
REVENUES:
Water Sales $370,000
Tapping Fees 13,000
Miscellaneous & Interest 34,900
TOTAL REVENUES $417;900
LESS: EXPENSES $393,667
NET INCOME [LOSS] $ 24,233
SEWER
REVENUES:
Sewer Service Fees $588,000
Connection Fees 1,800
Miscellaneous & Interest $ 36,500
TOTAL REVENUES $626,300
LESS: EXPENSES $595,327
NET INCOME [LOSS] $ 30,973
TOTAL UTILITY FUND
NET INCOME [LOSS] $ 55,206
CHANGE IN CASH BALANCE $ 55,206
NOW THEREFORE BE IT RESOLVED THAT THE ABOVE SAID BUDGET FOR THE
UTILITIES OF THE CITY OF CLERMONT FOR THE 1987-1988 FISCAL YEAR
AND THE APPROPRIATIONS THEREFORE ARE HEREBY ADOPTED.
DONE AND RESOLVED BY THE CITY COUNCIL OF THE CITY OF CLERMONT, LAKE
COUNTY, FLORIDA THIS ~~,''~ DAY OF ~~ ~%~J~KJZJ 1987 .
CITY OF CLERMONT
~i~~~(
Robert A. Pool, Mayoi
ATTEST:
~.!
J "E. Va ile, City Clerk