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HomeMy WebLinkAboutResolutions - No. 92-117RESOLUTION NO. 92-117 --------------------- --------------------- A RESOLUTION OF THE LODI CITY COUNCIL ADOPTING AN OPERATING BUDGET FOR THE SUPPORT OF VARIOUS DEPARTMENTS OF THE CITY OF LODI AND A UTILITY OUTLAY BUDGET FOR THE FISCAL YEAR BEGINNING JULY 1, 1992 AND ENDING JUNE 30, 1993 RESOLVED BY THE LODI CITY COUNCIL, that the City Council hereby adopts an operating budget for the support of various departments of the City of Lodi and a Utility Outlay Budget for the fiscal year beginning July 1, 1992 and ending June 30, 1993, as set forth below: OPERATING BUDGETS SUMMARY OF THE BUDGET 1992-93 ESTIMATED FINANCING_ RESOURCES OPERATING REVENUES Property Taxes Sales Tax Other Taxes Licenses, Fines & Rent Interest Revenue from Other Agencies Charges for Current Services Other Revenues Water Sales & Fees Sewer Charges Electrical Sales Inter -Fund Transfers Total CONTRIBUTIONS FROM OTHER FUNDS Hotel/Motel Fund Library Reserve Total TOTAL ESTIMATED FINANCING RESOURCES RES92117/TXTA.02J $ 5,574,740 5,044,000 464,000 863,680 603,725 3,155,705 4,902,720 317,020 2,772,315 3,184,700 34,436,560 1,287,050 $62,606,215 $ 204,805 28,625 $ 233,430 $62,839,645 ESTIMATED REQUIREMENTS OPERATING EXPENSE Personnel Services $21,954,330 Utilities & Transportation 1,855,590 Materials & Supplies 4,080,480 Depreciation 318,900 Equipment, Land & Structures 300,045 Special Payments 5,907,300 Sub -Total Operating Expenses $34,416,645 Bulk Power Purchase $25,500,000 Total $59,916,645 CONTRIBUTIONS TO OTHER FUNDS AND RESERVES Equipment Fund $ 229,520 Water Capital 728,750 Water Operating Reserve 22,460 General Fund Operating Reserve 100,300 Wastewater Capital Fund 274,160 Utility Outlay Reserve 1,299,585 PL & PD Insurance Fund 268,225 Total $ 2,923,000 TOTAL ESTIMATED REQUIREMENTS $62,839,645 Dated: July 1, 1992 I hereby certify that Resolution No. 92-117 was passed and adopted by the Lodi City Council in a regular meeting held July 1, 1992 by the following vote: Ayes: Council Members - Hinchman, Sieglock, and Snider Noes: Council Members - Pinkerton (Mayor) Absent: Council Members - Pennino Alice M. Reimche City Clerk 92-117 RES92117JTXTA.02J