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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 �1 S . ut • rr COMMISSIONER ATTEST: eputy Town Cl rk