Resolution #88-4

I. A RESOLUTON ADOPTING THE BUDGET

Be it resolved that the City Council of the city of Sodaville hereby adopts the Budget approved by the Budget Committee on January 28, 1988, for 1988-89, in the sum of $73,211.00 now on file at the Sodaville City Hall.

II. RESOLUTION MAKING APPROPRIATIONS

Be it Resolved that the amount for the fiscal year beginning July 1, 1988 and for the purposes shown below are hereby appropriated as follows:

GENERAL FUND

Personal [sic] Services $3,500

Material & Services 1,100.

Capital Outlay ---

Contingency 400.

TOTAL GENERAL FUND APPROPRIATIONS $5,000.

PUBLIC SAFETY FUND

Fire Defense $3,040.

Street Lighting 2,295.

TOTAL PUBLIC SAFETY FUND APPROPRIATIONS $5,335

SPECIAL REVENUE FUND

Streets $8,886.

State Shared Revenue & City Hall & Park 4,255.

LCDC Planning 1,895.

TOTAL SPECIAL REVENUE APPROPRIATIONS $15,036.

CAPITAL PROJECTS

Water Utility Improvements $9,750.

TOTAL CAPITOL [sic] PROJECTS APPROPRIATIONS $9,750.

ENTERPRISE FUND

Personal [sic] Services $3.459 [sic].

Materials & Services 3,500.

Capital Outlay 100.

Debt Service 9,861.

Reserve Fund 2,120.

TOTAL ENTERPRISE FUND APPROPRIATIONS $19,040

CAPITAL IMPROVEMENTS FUND

Materials & Services $6,000.

Capital Outlay 2,789.

Contingency 9,861.

TOTAL INTERNAL SERVICE FUND APPROPRIATIONS $18,650.

III. RESOLUTION LEVYING AD VALOREM 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 $4,517, and that these taxes are hereby levied on all taxable property within said district as of 1 A.M., January 1, 1989 [sic]. The following allocations constitute the above aggregate levy.

PUBLIC SAFETY FUND

Street Lighting $2,180. 3 Year Serial Levy

Fire Defense $2,337. Tax Base

Passed by the Council this 24 day of May, 1988.