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2019-031- Adopting a Budget for the Fiscal Year 2019-2020
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2019-031- Adopting a Budget for the Fiscal Year 2019-2020
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9/17/2019 10:46:43 AM
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CITY CLERK
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CONTINGENT APPROPRIATION: $ 50,000.00 <br />Grand Total $ 23,615,442.00 <br />Section 4. That the sum of $1,822,708.00 is hereby appropriated out of the respective <br />Interest and Sinking Funds for the purpose of paying accrued interest and making the principal <br />payments on and creating the prescribed contingent and reserve funds for outstanding <br />General Obligation Bonded Indebtedness as follows: <br />G. 0. BONDS REQUIREMENTS: <br />Tax & Revenue Certificates <br />of Obligation - 2010 <br />$ <br />218,059.00 <br />General Obligation Refunding <br />Bonds -2010 <br />$ <br />448,288.00 <br />General Obligation Refunding <br />Bonds -2012 <br />$ <br />415,375.00 <br />SuRRMA Interlocal Coop <br />Agreement -2012 <br />$ <br />100,828.00 <br />General Obligation Bonds 2017 <br />$ <br />634,737.00 <br />General Obligation Bonds 2018 <br />$ <br />5,421.00 <br />Total <br />$ 1,822,708.00 <br />Section 5. That the sum of $11,266,001.00 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 />VIVA I N 11; <br />Warehouse $ 121,849.00 <br />Billing & Collecting $ 2,418,345.00 <br />Water Production $ 3,166,336.00 <br />Water Distribution $ 1,669,415.00 <br />Sub -Total $ 7,375,945.00 <br />SEWER: <br />Sewer Maintenance $ 868,698.00 <br />Waste Water Treatment $ 2,566,799.00 <br />Lift Station $ 454,559.00 <br />Sub -Total $ 3,890,056.00 <br />Total Operating Expense $ 11,266,001.00 <br />3 <br />
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