ITEM TITLE:
Council Consensus: Utilities Fund (Water/Sewer)
SUBMITTED BY: Brian Carlson, Finance Director
FISCAL NOTES:
Expenditure Required: n/a
Unencumbered Balance: n/a
Funding Source: n/a
RECOMMENDATION:
provide consensus for final budget figures
SUMMARY STATEMENT:
• Utilities Fund is one of the Special Revenue funds
• Proposed total appropriation is $1.3MM.
o 30% of the $4.3MM Special Revenue Fund appropriations
o 2.6% of the $49.1MM Citywide proposed appropriations
• Subsidy from General Fund is estimated to be $757K, or approximately 58%
• Attachment: Water-Sewer.Packet