File #: 15-0552    Version: 1 Name: Water Budget
Type: Resolution Status: Passed
File created: 6/10/2015 In control: Board of Mayor & Aldermen
On agenda: 8/11/2015 Final action: 8/11/2015
Title: Consideration of Resolution 2015-37, a Resolution to Adopt the Estimate of Revenues and Expenditures for the Water and Sanitary Sewer Utility Fund for Fiscal Year 2015-2016 & Fiscal Year 2016-2017 (07/14/15 WS)
Sponsors: Mark Hilty
Attachments: 1. Resolution adopting Water Budget for FY16, 2. FY2016 Water Management Budget proposed 7.9.15, 3. WMD Budget Presentation2 - Amended 08112015

 

DATE:                                                               July 6, 2015

 

TO:                                          Board of Mayor and Aldermen

 

FROM:                                          Eric Stuckey, City Administrator

                     

                                          

SUBJECT:                                          

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Consideration of Resolution 2015-37, a Resolution to Adopt the Estimate of Revenues and Expenditures for the Water and Sanitary Sewer Utility Fund for Fiscal Year 2015-2016 & Fiscal Year 2016-2017 (07/14/15 WS)

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Purpose

The purpose of this memo is to provide information to the Franklin Board of Mayor and Aldermen (BOMA) concerning the Water Management Budget.

 

Background

Each year the Board adopts an operating budget for the Water and Wastewater funds of the City.  The attached document contains the proposed budget for the next two fiscal years.

 

Financial Impact

The budget of the enterprise funds are self-supporting and require no contribution from General Fund tax collections.

 

Recommendation

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Staff recommends adoption of the budget resolution