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HomeMy WebLinkAbout85-7-2712ORDINANCE NO. 85-7-2712 AN ORDINANCE ADOPTING THE CITY OF PADUCAH, KENTUCKY, SEPARATE FUNDS BUDGET FOR THE FISCAL YEAR JULY 1, 1985, THROUGH JUNE 30, ,1986, APPROPRIATING FUNDS FOR SEWER SYSTEM CAPITAL PROJECTS FUND, SEWER SYSTEM DEBT SERVICE FUND, PUBLIC WORKS CAPITAL PROJECTS FUND AND PUBLIC WORKS DEBT SERVICE FUND BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the separate funds budget for the fiscal year beginning July 1, 1985, and ending June 30, 1986, appropriating funds for sewer system capital projects fund, sewer system debt service fund, public works capital projects fund and public works debt service fund, is hereby adopted as follows: Sewer System Capital Public Works Capital Projects Fund Projects Fund Estimated Beginning Fund Balance 7/1/85 $625,000 $30,000 Revenues Service Charges 50,000 0 Interest 25,000 0 Total Assets $700,000 $30,000 Expenditures Construction & Maintenance 400,000 30,000 Balance 7/1/86 300,000 $ 0 Sewer Systems Debt Public Works Debt Service Fund Service Fund Estimated Beginning Fund Balance 7/1/85 $1,650,000 $110,000 Revenues Intergovernmental Fund Transfer 0 90,000 Interest 110,000 10,000 Taxes 80,000 Service Charges 150,000 Total $340,000 $100,000 Total Assets $1,990,000 $210,000 Exvenditures Debt Service 345,000 86,000 Balance 7/1/86 $1,645,000 $124,000 SECTION 2. This ordinance shall be read on two separate days and will become effective upon publication of title and a certified summary thereof. JOE VITERISI Mayor Introduced by the Board of Commissioners July 9, 1985 Adopted by the Board'of Commissioners July 23, 1985 Recorded by Lenita Smith, City Clerk, July 23, 1985 Published by The Paducah Sun July 29, 1985. 363 V