RESOLUTION 86-2

I. RESOLUTION ADOPTING THE BUDGET FOR 1986-87

Be it Resolved that the City Council of the City of Sodaville hereby adopts the budget approved by the budget committee for 1986-87 in the total sum of [sic]

II. RESOLUTION MAKING APPROPRIATIONS

Be it Resolved that the amounts for the fiscal year beginning July 1, 1986 and for purposes shown below are hereby appropriated as follows:

GENERAL FUND

Administrative Department $ 5,550

TOTAL GENERAL FUND $ 5,550

PUBLIC SAFETY FUND

Fire Defense $2660.00

Street Lighting 2595.00

TOTAL PUBLIC SAFETY FUND $ 5,255

INTERGOVERNMENTAL

City Hall & Shop $ 795.00

Federal Revenue Sharing 1,975.00

LCDC - Planning 1,370.00

State Revenue Sharing - Parks 845.00

State Highway Tax - Streets 8,910.00

TOTAL INTERGOVERNMENTAL FUND $13,895.00

ENTERPRISE FUND

Water Utility $15,687.00

CAPITAL IMPROVEMENTS

Rehabilitation - Water Utility $19,850

CAPITAL PROJECTS

Systems Development Charges:

Park $ 180

Street 200

Water 8,520

TOTAL CAPITAL PROJECTS FUND $ 8,900.00

TRUST FUND

9-11 Emergency $ 3,070

TOTAL 1986-1987 APPROPRIATIONS $69,046.

III. RESOLUTION LEVYING AD VALORUM [sic] TAXES

Be it Resolved that the City Council of the City of Sodaville hereby levies the taxes provided for in the adopted budget in the aggregate amount of $4,145. and that these taxes are hereby levied on all taxable property within said district as of 1:00 A.M., January 1, 1988. The following allocation constitute the above aggregate levy:

PUBLIC SAFETY FUND

Street Lighting - 3 year serial levy $2,065.

Fire Defense - Tax Base 2,080.

Total Ad Valorum Taxes

Passed by the Council this 29 day of April, 1986.