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R-86-534 e e CITY OF CLERMONT RESOLUTIONS NO. 534 A RESOLUTION OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, ESTABLISHING A PRELIMINARY UTILITIES FUND BUDGET FOR THE CITY OF CLERMONT FOR THE FISCAL YEAR 1986-1987, 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 I, 1986 to September 30, 1987. WATER REVENUES: Water Sales Tapping Fees Miscellaneous & Interest $370,000 15,000 31,659 $416,659 $380,039 $ 36,620 TOTAL REVENUES LESS: EXPENSES NET INCOME [LOSS] SEWER REVENUES: Sewer Service Fees Connection Fees Miscellaneous & Interest $580,000 1,800 $ 35,073 $616,873 $524,612 $ 92,261 TOTAL REVENUES LESS: EXPENSES NET INCOME [LOSS] TOTAL UTILITY FUND NET INCOME [LOSS] CHANGE IN CASH BALANCE $128,881 $128,881 NOW THEREFORE BE IT RESOLVED THAT THE ABOVE SAID PRELIMINARY BUDGET FOR THE UTILITIES OF THE CITY OF CLERMONT FOR THE 1986-1987 FISCAL YEAR AND THE APPROPRIATIONS THEREFORE ARE HEREBY ADOPTED. DONE AND RESOLVED BY THE COUNTY, FLORIDA THIS CITY COUNCIL OF THE ~.Y OF CLERMONT, /7éÆ DAY OF X::f(ðé, CITY OF CLERMONT R£~¿:~ LAKE , 1986. ATTEST: O-,~ p;V¡/} ~SÿPh E. Van ~Jie. City Clerk