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CCR1994248COMMON COUNCIL - CITY OF MUSKEG0 RESOLUTION #248-94 APPROVAL OF 1995 WATER UTILITY BUDGET BE IT RESOLVED that the Common Council of the City of Muskego, upon the recommendation of the Public Utilities Committee, does hereby approve the attached Water Utility Budget for the year 1995. DATED THIS 22ND DAY OF NOVEMBER , 1994. SPONSORED BY: PUBLIC UTILITIES COMMITTEE Ald. David J. Sanders Ald. Donna M. Woodard Ald. D'Acquisto This is to certify that this is a true and accurate copy of City of Muskego. Resolution #248-94 which was adopted by the Common Council of the 11/94 jmb PRELIMINARY DM FOR DlSCU 10 PURPOSES ONLY Date CITY OF MUSKEGO WATER PUBLIC UTILITY BUDGET 1995 DRAFT COPY CONTENTS STATEMENT OF INCOME AND EXPENSE I SCHEDULE OF CAPITAL OUTLAY COSTS SCHEDULE OF CHANGES IN UTILITY WORKING CAPITAL: 1994 PROJECTED 1995 BUDGET SCHEDULE OF CONSTRUCTION FUNDS Schedule 1 1 2 2 3 3 4 4 5 5 c 0 0 II II I1 II Ill s! Schedule 2 2. 1. On going capital projects: Woods Road Watermain Loop Modification of well p”p #2 Water reservoir project Well exploration studylconstruction 2. 1994 and 1995 capital additions: Meters CITY OF MUSKEGO WATER PUBLIC UTILITY SCHEDULE OF CAPITAL OUTLAY COSTS PROJECTED 1994 and 1995 Actual Costs Estimated to Total 1994 Aug.31.1994 cost Adopted Budget f 12.810 12.810 5,160 400,000 24;537 1,150;OOO 700;OOO 300,000 300,000 19.523 SW 1,862,810 1.005.160 sw 58,230 23.100 Carptroller Proposed 1995 Budqet 398,500 1,025,000 250.000 1.673.500 25,000 Adopted 1995 Budget DRAFT COPY Schedule 3 3. Funds Drovided From operations: Net income (loss) for year Add charges to income not requiring funds: Depreciation Armrtization Proceeds fran debt special nssessmnts Increases in collection of Total funds provided (applied) CITY OF MUSKEG0 WATER PUBLIC UTILITY SCHEDULE OF CHANGES IN UTILITY WRKING CAPITAL 1W4 PROJECTED Funds awlied Principal payments on debt Capital outlay Total funds applied Interfund transfers - interest earnings Increase (decrease) in working capital Uorking capital, beginning of year Yorking capital, end of year Operation and Uaintenance Construction Fund Fund I 153,398 700,000 - 153.398 700.000 - Service Debt Fund (261,137) 115,000 5,700 1o8.020 a) 173,874 - 1TJ.874 70.000 (136,291) 908.023 Total (107,739) 115,000 5,700 700,000 108,020 820,981 173,874 209,730 383.604 437,377 1.425.729 1.863.106 Schedule 4 4. Funds provided Frm operations: Add charges to income not Net income (loss) for year requiring funds: Depreciation hrtization Proceeds fran debt special assessmnts Increases in collection of Total furds provided (applied) Funds amlied Principal payments on debt Capital outlay Total fwds applied Interfund transfers - interest earnings 0 Increase (decrease) in uorking capital working capital. beginning of year Yarking capital, end of year CITY OF HUSKEGO YATER PUBLIC UTILITY SCHEDULE OF CHANGES IN UTILITY UORKING CAPITAL 1995 BUDGE1 Operation ad Maintenance Construction Fund Fund f 131,235 875.000 - 131.235 875,000 - 1.698.500 - 1.698.500 (87.ooo) 17.000 44,235 (806,500) 151.788 959.586 I- 153,086 Service Debt (292,185) 120,000 5,100 100.000 (67.085) 164,811 - 164.811 70.000 (161,896) '171.732 609.836 Total (160,950) 120,000 5,100 875,000 100.000 939,150 1,698,500 164,811 1,863,311 (924,161) 1.863.106 938.945