R-87-560• •
CITY OF CLERMONT
RESOLUTIONS
N0. 560 :.
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 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
LES5: 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 PRELIMINARY 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 C~TY COUNCIL OF TH CITY OF CLERMONT, LAKE
COUNTY, FLORIDA THIS // DAY OF (~i~ ~^~; 1987.
CITY OF CLERMONT
Robert A. Pool, Mayo
ATTEST:
E. V Zile, City Clerk