87-01 Budget
RESOLUTION 87-1
I. RESOLUTION ADOPTING THE BUDGET FOR 1987-88
Be it Resolved that the City Council of the City of Sodaville hereby adopts the budget approved by the budget committee for 1987-1988 in the total sum of $72,321.
II. RESOLUTION MAKING APPROPRIATIONS
Be it Resolved that the amounts for the fiscal year beginning July 1, 1987 and for purposes shown below are hereby appropriated as follows:
GENERAL FUND
Administrative Department $ 5,260
TOTAL GENERAL FUND $ 5,260
PUBLIC SAFETY FUND
Fire Defense $2,231
Street Lighting 2,7888
TOTAL PUBLIC SAFETY FUND $ 5,019
INTERGOVERNMENTAL
State Revenue Sharing - $
City Hall & Park 1,850
LCDC - Planning 1,550
State Highway Tax-Strts. 7,850
TOTAL INTERGOVERNMENTAL FUND $11,250
ENTERPRISE FUND
Water Utility $17,347
CAPITAL IMPROVEMENTS
Rehabilitation - Water Utility $19,850
CAPITAL PROJECTS
Systems Development Charges:
Park $ ---
Storm Drainage 200
Water 9,600
TOTAL CAPITAL PROJECTS FUND $ 9,800
TRUST FUND
9-11 Emergency $ 3,795
TOTAL 1987-1988 APPROPRIATIONS $72,321.
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 $4,348. and that these taxes are hereby levied on all taxable property within said district as fo [sic] 1:00 A.M., January 1, 1988. The following allocation constitute the above aggregate levy:
PUBLIC SAFETY FUND
Street Lighting - 3 year serial levy $2,205.
Fire Defense - Tax Base 2,143.
Total Ad Valorum Taxes