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<br />(0.280/0) in additional money over 1958-59 adopted budget. The problem of the <br /> <br />budget is clear. <br /> <br />In the fiscal plan of the 1959-60 budget special consideration has been given to the <br /> <br />city's utilities as below outlined. <br /> <br />Sewer'age system. With the establishment, June I, 1958, of the new sewer service <br /> <br />charges City Council established policy whereby all revenue from sewer charges <br /> <br />would be as signed to maintenance of the existing system and to accumulating funds <br /> <br />for the needed sewerage system development program. Funds in the coming year <br /> <br />thereby are balanced: <br /> <br />Estimated revenue <br />Proposed expenditures <br /> <br />$166,650.00 <br />166,650.00 <br /> <br />By comparison the 1958-59 adopted budget provided: <br /> <br />Estimated revenue <br />Adopted expenditures <br /> <br />$167,800.00 <br />167,800.00 <br /> <br />~lectric utility. The 1958- 59 adopted budget provided: <br /> <br />Estimated revenue <br />Adopted expenditures <br />For distribution to the general funds <br />of city - difference <br /> <br />$1,087,450.00 <br />826,050.00 <br /> <br />$ 261,399.50 <br /> <br />For the 1959-60 proposed budget the electric utility is called upon to help the other <br /> <br />operations of the city meet their needs, plus the fact that the electric utility is <br /> <br />absorbing a major share of the annexation cost plus the continuing allocations <br /> <br />for its expansion program: <br /> <br />Estimated revenue <br />Proposed expenditures <br />For distribution to general funds <br />of city - difference <br /> <br />$1,093,518.00 <br />825,597.60 <br /> <br />$ 267,920.40 <br /> <br />- 7 - <br />