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R-04-1398CITY OF CLERMONT RESOLUTION NO. 1398 A RESOLUTION OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, ESTABLISHING THE WATER FUND BUDGET FOR THE CITY OF CLERMONT FOR THE FISCAL YEAR 2004-2005 AUTHORIZING RECEIPTS AND DISBURSEMENTS CONTAINED 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 operation of the water system of the government of said City for the Fiscal Year of October 1, 2004 to September 30, 2005. CASH BALANCES BROUGHT FORWARD ESTIMATED REVENUES: Charges for Services 4,550,000 Miscellaneous 318,200 Other Financial Sources 317,774 TOTAL ESTIMATED REVENUES TOTAL CASH BALANCES AND ESTIMATED REVENUES EXPENSES: Water System RESERVES TOTAL EXPENSES AND RESERVES $ 5,701,658 $ 5,185,974 $10.887.632 $ 8,101,788 $ 2,785,844 $10.887.632 NOW, THEREFORE, BE IT RESOLVED, that the above said budget for the Water Fund of the City of Clermont for the 2004-2005 Fiscal Year and appropriations therefore are hereby adopted. CITY OF CLERMONT RESOLUTION • NO. 1398 Page 2 DONE AND RES LVED BY THE CITY COUNCIL OF THE CITY OF CLERMONT THIS /L~ DAY OF SEPTEMBER, 2004. Harold S. Turville, Mayor Atttest: ~'~ Tracy Ac royd, City Clerk