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HomeMy WebLinkAbout93-29• ORDINANCE N0. 93-29 APPROVING A APPROPRIATION FOR THE SEWER FUND IN THE AMOUNT OF $215,503 • ADOPTED: November 30, 1993 EFFECTIVE: November 30, 1993 • SUPPLEMENTAL FOR FY 1992/93 - 170 - ORDINANCE 93-29 APPROVING A SUPPLEMENTAL APPROPRIATION FOR THE SEWER FUND FOR FY 1992-93, IN THE AMOUNT OF $215,503 Whereas, the audited FY 1992-93 Sewer Fund is overexpended by $215,503; 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 $215,503, 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 Sewer Fund's cash balance as of June 30, 1993 was $288,099; and Whereas, the supplemental appropriation will not reduce that cash balance because the cash balance already represents accrued expenditures; and Whereas, a significant portion of the overexpenditure was due to Peppers Ferry treatment charges caused by infiltration and inflow resulting from the blizzard and heavy rains, Pump Station 4B major • repairs and overtime for the Critter Sewage Pump Station; 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 $215,503 is approved as a supplemental appropriation for the FY 1992-93 Sewer 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 Aye Andrew L. Graham Ave J.R. Schrader Ave E.G. Black, Jr. g~ Roy H. D'Ardenne ~vP Alma Holston a~ W.H. Schrader, Jr. a~P Robert N. Glenn TOWN O PULAS]Ej~ , IRGINIA BY : [f; C C MAYOR ATTEST: ~- R A. Harre • Clerk of Council - 171 - I, Ruth A. Harrell, Clerk of the Council of the Town of Pulaski, Virginia, do hereby i certify that the foreoing Ordinance No. 93-29 Approving a Supplemental Appropriation for the Sewer Fund for FY 1992-93 in the Amount of $215,503 is a true and correct copy as set out and adopted by the Town Council by recorded vote on November 30, 1993. Ruth A. Harrell, Clerk of Council •