HomeMy Public PortalAboutRES 75/11RESOLUTION NO. 75-11
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, 1975 AND ENDING ON SEPTEMBER 30, 1976,
AND AUTHORIZING A PRO RATA SHARE OF GENERAL FUND EXPENSES TO BE BORNE BY
THE WATER FUND FOR SAID FISCAL YEAR TERMINATING ON SEPTEMBER 30, 1976.
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, 1975 and ending on September 30, 1976,
detailed 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 $234,677.00 and $42,000.00 respectively, be hereby approved
and adopted, disbursements for which to be made ONLY under the
categories of anticipated expenses in the identified classifications
of expenditures as set forth in said Budget and for no other pur-
poses than those for whch 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 be, 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, 1975.
BE IT FURTHER RESOLVED that, in lieu of there being any Water
Department personnel, the administration, functioning within
the General Fund, performs all necessary services relating to:
(a) Determining 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, 1975 and ending on September
30, 1976:
Pro rata share of Administration Expense $8,700.00
Pro rata share of Police Department " 300.00
PASSED and ADOPTED on this 29 day of September , 1975
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COMMISSIONER
ATTEST:
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