HomeMy WebLinkAboutResolution No. 1973-41 • Wil -119f4bMEt1)
RESOLUTION NO. 73-41
A RESOLUTION ADOPTING THE ANNUAL SANITARY SEWER
BUDGET FOR THE 1973 THROUGH 1974 FISCAL YEAR;
PROVIDING AN EFFECTIVE DATE.
BE IT RESOLVED BY THE CITY COUNCIL OF THE 'C:I.TY OF
CAPE CANAVERAL, FLORIDA, AS FOLLOWS :
SECTION 1 . THE SANITARY SEWER FUND BUDGET WHICH
IS ATTACHED HERETO AND BY THIS REFERENCE MADE A PART HEREOF
OF THE CITY OF CAPE CANAVERAL, FLORIDA, FOR THE FISCAL YEAR
OCTOBER 1, 1973 THROUGH SEPTEMBER 30, 1974, IS HEREBY APPROVED
AND ADOPTED .
SECTION 2 . THIS RESOLUTION SHALL BECOME EFFECTIVE -
IMMEDIATELY UPON ITS ADOPTION.
ADOPTED BY THE CITY COUNCIL OF THE CITY OF CAPE
CANAVERAL, FLORIDA ON THIS 18TH DAY OF SEPTEMBER, 1973 .
MAYOR
ATTEST:
- NAME YES NO ABS
CIT CLERK —/
MACLAY
RHAME (�
'RO ED AS TO FORM:
/
RUTKOWSKI V
CALVAGGIo i 1.511 �'‘1kk
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CITY ATTORNEY =Vim' `
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SANITARY SEWER BUDGET
CAPE CANAVERAL 1973 -1974
OPERATING REVENUE
SEWER SERVICE CHARGES
$
160,000
CONNECTION CHARGES
20,000
INTEREST ON INVESTED FUNDS
3,000
INCOME FROM PORT
2,000
TOTAL OPERATING REVENUE
$
185,000
PLUS ONE MONTH EXTRA BILLING
13.000
TOTAL
OPERATING EXPENSES
SALARIES E WAGES
47,629
ELECTRICAL POWER
5,500
CHEMICALS
4,000
GAS, OIL, ETC.
1,500
TRUCK EXPENSE
600
REPAIRS E MAINTENANCE
1,000
TELEPHONE G TELEGRAPH
400
BILLING EXPENSE
600
PROFESSIONAL AUDIT
1,000
INSURANCE
900
OASI
2,000
TRAVEL, CONFERENCE 9 SCHOOLS
700
MISCELLANEOUS
1,500
SMALL TOOLS E EQUIPMENT
1,500
UNIFORMS
1,000
TOTAL OPERATING EXPENSES
$
69.829
NET OPERATING PROFIT
128,171
OPERATIONS OF REVENUE CERTIFICATE FUNDS
REVENUE
NET OPERATING REVENUE
128,171
UTILITIES TAXES REVENUE C FRANCHISE TAX
187,000
TOTAL AVAILABLE REVENUE
$
315,171
OBLIGATIONS
SINKING FUNDS
INTEREST - 4 MONTHLY PAYMENTS AT $
4,494.27
8 " " "
4,373.95
PRINCIPAL- 4 MONTHLY PAYMENTS AT
2,916.66
8 " " "
3,333.33
PAYING AGENT FEES -12 MON. PAYMENTS
8.00
SUB TOTAL
$
91,397.88
SERIES "B"
INTEREST - 12 MONTHLY PAYMENTS AT
485.83
PAYING AGENT FEES - 12 PAYMENTS AT
2.75
SUB TOTAL
5.862.96
TOTAL SINKING FUNOOBLIGATION
97,260.84
RESERVE ACCOUNT - COMPLETED
RENEWAL E REPLACEMENT FUND
12 MONTHLY PAYMENTS AT
250.00
3.000.00
TOTAL OBLIGATIONS
$
100,261
NET AFTER OBLIGATIONS
214,910
TRANSFER TO GENERAL FUND
(
187,000)
EXPANSION AND MAINTENANCE FUND
27,910
SURPLUS
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