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R-85-501 e e CITY OF CLERMONT RESOLUTIONS NO. 50l 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 1985-1986, 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, 1985 to September 30, 1986. WATER REVENUES: Water Sales Tapping Fees Miscellaneous & Interest $360,000 " 15,000 13,500 TOTAL REVENUES LESS: EXPENDITURES $388,500 $340,l47 NET INCOME [LOSS] $ 48,353 SEWER REVENUES: Sewer Service Connection Fees Miscellaneous & Interest $456,000 1,800 13,500 TOTAL REVENUES LESS: EXPENDITURES $471,300 $508,545 NET INCOME [LOSS] [$ 37,245] TOTAL UTILITY FUND NET INCOME [LOSS] CHANGE IN CASH BALANCE $ 11,l08 $ 11,108 NOW THEREFORE BE IT RESOLVED THAT THE ABOVE SAID PRELIMINARY BUDGET FOR THE UTILITIES OF THE CITY OF CLERMONT FOR THE 1985-l986 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 /.~.4:Ju DAY OF &c¡fJAt./ , 1985. CITY OF CLERMONT 4r1-(2~~ Robert A. Pool, Mayor ATTEST: ~~ E1/;7~ ~~~E. Van ziíe, City Clerk