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R-03-1330•` ~ • ~-. ' CITY OF CLERMONT RESOLUTION • NO. 1330 A RESOLUTION OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA, ESTABLISHING THE WATER FUND BUDGET FOR THE CITY OF CLERMONT FOR THE FISCAL YEAR 2003-2004 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, 2003 to September 30, 2004. CASH BALANCES BROUGHT FORWARD $3,946,720 ESTIMATED REVENUES: Charges for Services 3,681,000 Miscellaneous 226,700 Other Financial Sources 300,132 TOTAL ESTIMATED REVENUES 4 207 832 $ , TOTAL CASH BALANCES AND ESTIMATED REVENUES 8.154.552 EXPENSES: Water System $2,748,386 RESERVES $5,406,166 TOTAL EXPENSES AND RESERVES 1 4 NOW, THEREFORE, BE IT RESOLVED, that the above said budget for the Water Fund of the City of Clermont for the 2003-2004 Fiscal Year and appropriations therefore are hereby adopted. ~~ • CITY OF CLERMONT RESOLUTION NO. 1330 Page 2 DONE AND RESOLVED BY THE CITY COUNCIL OF THE CITY OF CLERMONT, LAKE COUNTY, FLORIDA THIS ~ DAY OF SEPTEMBER, 2003. ~-~- - -~ Harold S. Turville, Mayor • Atttest: seph E. Van Zil ty Clerk •