HomeMy WebLinkAbout93-28S ORDINANCE N0. 93-28 APPROVING A
APPROPRIATION FOR THE WATER FUND
in the Amount of $24,624
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Adopted: November 30, 1993
Effective: November 30, 1993
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SUPPLEMENTAL
FOR FY 1992-93
168
ORDINANCE 93-28
APPROVING A BUPPLEMENTAL APPROPRIATION FOR THE WATER FIIND FOR
FY 1992-93, IN THE AMOIINT OF $24,624
Whereas, the audited FY 1992-93 Water Fund is overexpended by
$24,624; and
Whereas, since the original budget resolution authorized
appropriations up to the budgeted amount, the Town's auditor's,
McLeod and Company, recommended that Town Council approve a
supplemental appropriation, in the amount of $24,624, so that Town
Council appropriates an amount equal to actual expenditures; and
Whereas, the supplemental appropriation is necessary for the Town's
FY 1992-93 Comprehensive Annual Report, due November 30, 1993; and
Whereas, the Water Fund's cash balance as of June 30, 1993 was
$61,872; and
Whereas, the supplemental appropriation will not reduce that cash
balance because the cash balance already represents
accrued expenditures; and
Whereas, the overexpenditure was primarily due to a requirement by
the Virginia Department of Conservation and Recreation to perform
• an unar':icipated geotechnical analysis of the Town's dams, overtime
to correct a problem at the raw water intake and increased
electrical and chemical costs; and
NOW, THEREFORE, be it ORDAINED by the Town Council of the Town of
Pulaski, Virginia, sitting in special session on November 30, 1993,
that $24,624 is approved as a supplemental appropriation for the FY
1992-93 Water Fund Budget.
This ordinance is effective upon adoption and is adopted by
recorded vote of the Town Council of the Town of Pulaski, Virginia
on this 30th day of November, 1993, as follows
Charles D. Crispin Ave
J.R. Schrader a~P
Roy H. D'Ardenne ~,A
W.H. Schrader, Jr. ATE
ATTEST:
R A. Harre
• Clerk of Council
TOWN
BY:
- 169 -
Andrew L. Graham Aye
E.G. Black, Jr. A~~e
Alma Holston ~~e
Robert N. Glenn
O PULA~/', IRGINIA
~~~
ARY C HANCOCK
MAYOR
• I, Ruth A. Harrell, Clerk of the Council of the Town of Pulaski, Virginia, do hereby
certify that the foregoing Ordinance No. 93-28 approving a supplemental appropriation
for the Water Fund for F/Y 92/93 in the amount of $24,624 is a true and correct copy
of the Ordinance set out and adopted by the recorded vote of the Town Council on
November 30, 1993.
Ruth A. Harrell, Clerk of Council
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