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HomeMy WebLinkAboutD-537 Utility Water Budget 1988ORDINANCE AN ORDINANCE BUDGETING EXPENDITURES FROM THE CITY WATER UTILITY OPERATING AND DEPRECIATION FUND WHEREAS, the Common Council of the City of Carmel is desireous of exercising its statutary authority pursuant to lC 8-1-2-100 to request the Board of Public Works of the City of Carmel to "submit a budget of its financial needs for the ensuing year to be set out in such detail as the municipal council may direct"; and WHEREAS, the Common Council of the City of Carmel hereby proclaims that the submission of a comprehensive budget by the Board of Works to the Common Council for review and adoption greatly facilitates the Council's annual budgetary review and appropriation process; and NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of Carmel that; for the expenses of the City Water Utility for the fiscal year ending December 31, 1988, the following sums of money are hereby appropriated and ordered set apart out of the funds herein named and for the purposes herein specified. Such sums herein appropriated shall be held to include all ex- penditures authorized to be made during the year, unless otherwise expressly stipulated. Transfers from one control account to another and/or additional appropriations may be made by resolution of this council at any regular public meeting. Budget By Accounts: Source of Supply 600 Operation Supervision & Engmneering $ 0.00 610 Maintenance Supervision 59,769.00 611 Maintenance of Structures & Improvements 1,500.00 614 Maintenance of Wells & Springs 10,080.00 616 Maintenance of Supply Mains 500.00 Total $ 71,849.00 Pumping Expense 622 Power Production Labor $ O.00 623 Power Purchased For Pumping 148,669.00 626 Miscellaneous Expenses 5,540.00 632 Maintenance of Power Production Equipment 1,100.00 633 Maintenance of Pumping Equipment 1,000.00 Total $156,309.00