HomeMy Public PortalAboutRES 13/07RESOLUTION No. 013 -07
A RESOLUTION OF THE TOWN COMMISSION OF THE TOWN OF
GULF STREAM, PALM BEACH COUNTY, FLORIDA, ADOPTING
THE WATER FUND TENTATIVE BUDGET FOR THE TOWN OF
GULF STREAM FOR THE FISCAL YEAR COMMENCING ON
OCTOBER 1, 2013 AND ENDING ON SEPTEMBER 30, 2014;
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the Town Commission of the Town of Gulf
Stream, Palm each County, Florida, held a public hearing as
required by Florida Statute 200.065; and
WHEREAS, the Town Commission of the Town of Gulf
Stream, Palm Beach County, Florida, set forth the
appropriations and revenue estimate for the Budget for
Fiscal Year 2013 -2014 in the amount of $989,000.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COMMISSION
OF THE TOWN OF GULF STREAM, FLORIDA, THAT:
Section 1. The Fiscal Year 2013 -2014 Water Fund
Tentative Budget be adopted.
Section 2. This Resolution shall take effect
immediately upon its adoption.
PASSED AND ADOPTED AT A PUBLIC HEARING THIS 13th day of
September, 2013.
OR
(SEAL)
AT ST:
t-
TOWN CLERK
REVENUES:
Water Sales Revenue
Interest Income
Reserves
Total Water Sales Revenue
EXPENSES:
Labor
Salary
Benefit
Cost of Purchased Water:
Meter Charge
Capacity Charge
Commodity Charge
Total Purchased Water
Operational Costs:
Repairs/Parts
Sampling Compliance
Total Operational
Capital:
Administrative Expenses:
Postage, Printing & Stationery
Billing Software/Equipment
Engineering /GIS Mapping
Management Fees
Contingency /Bad Debt
Total Administrative Expenses
Town of Gulf Stream
Water Fund
PRELIM.
FINAL ACTUAL
BUDGET AS OF
10/1/2012 PROJECTED
9/30/2013 8/31/2013 9/30/2013
$940,000 $730,281
0
0 _55,710
$940,000 $785,991
TENTATIVE
BUDGET
10/1/2013
9/30/2014
$875,000 $923,000
0
66,000 66,000
$941,000 $989,000
42,640
25,582
$88
$88
$110
$110
25,000
24,264
$30,000
30,000
508,000
474,225
$608,000 #
627,000
$533,088
$498,577
$638,115-
----7.657,110
2,000
0
2,000
2,000
217,362
66,496
$83,000
76,743
3,000
$1,765
$3,000
3,000
$220,362
.68,261
$86,000
.79,743
$35,000
$400
$382
$525
$525
1,500
1,574
$1,574
2,000
6,500
2,720
4,500
6,500
65,000
43,558
65,000
65,000
2,000
0
2,000
2,000
$75,400
.'48,234
$73,599
.76,025
Operating Transfers/Other Non - Operating
Depreciation Expense
$12,000
$8,000
$12,000
$12,000
Reserves
66,000
66,000
Payment In Lieu of Taxes
29,900
19,933
29,900
29,900
Total Operating Transfer Out/Other
$41,900
$27,933
$107,900
107,900
Total Water System Expenses
$870,750
$643,00.5
$905,609
$989,000
Net Revenue(Loss)
69,250 142,986 35,391
Page 6