HomeMy Public PortalAboutORD 99/05ORDINANCE NO. 99/5
AN ORDINANCE OF THE TOWN COMMISSION OF THE TOWN OF GULF
STREAM, PALM BEACH COUNTY, FLORIDA, ADOPTING THE WATER FUND
BUDGET FOR THE TOWN OF GULF STREAM FOR FISCAL YEAR
COMMENCING ON OCTOBER 1, 1999 AND ENDING ON SEPTEMBER 30,
2000.
NOW THEREFORE, BE IT ORDAINED BY THE TOWN COMMISSION OF THE TOWN
OF GULF STREAM, FLORIDA THAT;
SECTION 1, The proposed expenditures in the final budget of the Water
Fund are 496 750 and the proposed revenues in the final budget for the Water
Fund are 496 750,
SECTION 2. The final budget, attached hereto as Exhibit A, is approved and
shall become effective at the beginning of the 1999 -2000 fiscal year, and the taxing
authority funds may be expended commencing on October 1, 1999,
SECTION 3. Funds of the 1998 -1999 final budget not expended during the
current fiscal year 1998 -1999 may be used and expended during subsequent fiscal
year(s) according to the provisions in Resolution No. 94 -19.
SECTION 4. All other Ordinances of the Town of Gulf Stream, Florida or parts
thereof which conflict with this or any part of this Ordinance are hereby repealed,
SECTION 5. This Ordinance shall take effect immediately upon its passage.
PASSED AND ADOPTED in a regular, adjourned session on first reading this 91h
day of September, 1999, and for a second and final reading on this 21 st day of
September, 1999,
MAYOR
ATTEST;
TOWN CLERK
TOWN COMMISSION
REVENUES:
Water Sales Revenue
Interest Income
Total Water Sales Revenue
EXPENSES:
Cost of Purchased Water:
Meter Charge
Capacity Charge
Commodity Charge
Total Purchased Water
Contractual Services:
Meter Reading
Turn On & Turn Off
Repairs/Capital
Field Visits
Meetings and Reports
Sampling Compliance
Total Contractual
Administrative Expenses:
Postage, Printing & Stationery
Billing Software/Equipment
Engineering/GIS Mapping
Management Fees
Contingency/Bad Debt
Total Administrative Expenses
Operating Transfers/Other Non - Operating
Depreciation Expense
Renewal & Replacement Reserve
Working Capital ( *)
Payment In Lieu of Taxes
Total Operating Transfer Out/Other
Total Water System Expenses
Net Revenue(Loss)
Town of Gulf Stream
Water Fund
ADOPTED ACTUAL
BUDGET AS OF
10/1/98
9/30199 8131/99
$496,750 $521,234
TENTATIVE
BUDGET
10/1/99
9/30/00
$496,750
$496,750 $521,234 $496,750
$42
$41
$42
15,000
13,165
15,220
324,000
304,229
328,900
$339,042
$317,435
$344,162
$2,940
$2,864
$2,900
1,650
1,000
35,000
37,079
35,000
3,000
2,815
2,500
700
700
0
$43,290
$42,758
$42,100
$500
$200
$500
1,000
1,250
1,000
5,000
1,730
5,000
40,500
40,500
39,850
50
$47,050
$43,680
$46,350
$10,850
$10,580
$10,850
21,370
36,657
21,370
15,248
12,018
19,900
19,900
19,900
$67,368
$67,137
$64,138
$496,750
$471,010
$496,750
0
50,224
0
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