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HomeMy Public PortalAboutRES 80/05RESOLUTION NO. 80 -5 A RESOLUTION OF THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, PALM BEACH COUNTY, FLORIDA, PROVIDING FOR ADOPTION OF A BUDGET FOR THE TOWN'S FISCAL YEAR COMMENCING OCTOBER 1, 1980, AND ENDING ON SEPTEMBER 30, 1981, AND AUTHORIZING A PRO RATA SHARE OF GENERAL FUND EXPENSES TO BE BORNE BY THE WATER FUND FOR SAID FISCAL YEAR TERMINATION OF SEPTEMBER 30, 1981. BE IT RESOLVED BY THE TOWN COMMISSION OF THE TOWN OF GULF STREAM, FLORIDA, That: (1) The BUDGET for the Town of Gulf Stream, for the Fiscal Year commencing October 1, 1980 and ending on September 30, 1981, detailing COPY of which attached hereto and forming a part hereof, reflecting, in part, total estimated General Fund and Water Fund expenses for said Fiscal Year in the amounts of $332,180 and $131,540 respectively, be hereby approved and adopted, disbursements for which to be made ONLY under the catagories of anticipated expenses in the identified classifications of expenditures as set forth in said Budget and for no other purposes than those for which they are appropriated unless so authorized for Act of the Commission of the Town of Gulf Stream. (2) The sums of monies set forth Under Estimated Revenue in the attached Budget by, and hereby are, approved for the purpose of providing sufficient and necessary funds for operation and maintenance of the Town during said Fiscal Year commencing October 1, 1980. BE IT FURTHER RESOLVED that, in lieu of there being any Water Depart- ment personnel, the administration, functioning within the General Fund, performs all necessary services relating to: (a) Determing Water consumption of individual properties by reading meters. (b) Billing of Water Charges; (c) Collection of said Charges; and (d) Maintaining proper accounting of all funds accumulating to said Water Fund. It is, therefore, determined that the following amounts shall be paid by the Water Fund to the General Fund for said Fiscal Year commencing October 1, 1980 and ending on September 30, 1981. Pro rata share of Administration Expense Pro rata share of Police Department Expense PASSED AND ADOPTED on this 10 day of October ATTEST: 'i´┐Żal ' 'G/ Deputy Tow erk OR VICE MAYOR MMISSIONER COMMISSIONER COMMISSIONER $14,550.00 2,640.00 1980.