Laserfiche WebLink
<br />13. The Departmental Expenditure Summary Comparison contains a $3,956,855 line <br />item that accounts for the Water & Sewer Fund debt due for the year. Money is <br />transferred from the Water & Sewer Fund to various Interest & Sinking funds <br />from which the debt payments are actually made. These transfers do not show up <br />as expenditures. Debt payments made to date for the Water & Sewer Fund equal <br />$4,347,245.82. The Water & Sewer 2003 1& S Fund is due a reimbursement from <br />the General Obligation 2003 I & S Fund which will reduce the expenditure <br />amount to an amount equal to the budgeted amount. <br />