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2018-027 Adopting a Budget fo Fiscal Year October 1, 2018-September 30, 2019
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2018-027 Adopting a Budget fo Fiscal Year October 1, 2018-September 30, 2019
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9/25/2018 9:49:46 AM
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CONTINGENT APPROPRIATION: $ 50,000.00 <br />Grand Total $ 23,686,849.00 <br />Section 4. That the sum of $1,826,436.00 is hereby appropriated out of the respective <br />Interest and Sinking Funds for the purpose of paying accrued interest and making the principal <br />payments on and creating the prescribed contingent and reserve funds for outstanding <br />General Obligation Bonded Indebtedness as follows: <br />G. 0. BONDS REQUIREMENTS: <br />Tax & Revenue Certificates <br />of Obligation - 2010 <br />$ <br />217,194.00 <br />General Obligation Refunding <br />Bonds -2010 <br />$ <br />453,100.00 <br />General Obligation Refunding <br />Bonds -2012 <br />$ <br />414,050.00 <br />SuRRMA Interlocal Coop <br />Agreement -2012 <br />$ <br />100,828.00 <br />General Obligation Bonds 2017 <br />$ <br />635,837.00 <br />General Obligation Bonds 2018 <br />$ <br />5,427.00 <br />Total <br />$ 1,826,436.00 <br />Section S. That the sum of $11,199,710.00 based on the estimated Water and Sewer <br />Budget, is hereby authorized out of utility fund revenues for the payment of operating <br />expenses and capital outlay of Water and Sewer Utility Departments, as hereinafter <br />itemized: <br />WATER: <br />Warehouse $ 116,194.00 <br />Billing & Collecting $ 2,415,860.00 <br />Water Production $ 3,139,598.00 <br />Water Distribution $ 1,553,801.00 <br />Sub -Total $ 7,225,453.00 <br />SEWER: <br />Sewer Maintenance $ 945,992.00 <br />Waste Water Treatment $ 2,569,069.00 <br />Lift Station $ 459,196.00 <br />Sub -Total $ 3,974,257.00 <br />Total Operating Expense $11,199,710.00 <br />3 <br />
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