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HomeMy WebLinkAbout2021-28RESOLUTION 2021-28 Resolution Adopting a Budget Establishing Appropriations for The Town of Pulaski, Virginia Water Fund for the Fiscal Year Beginning July 1, 2021 and Ending June 30, 2022 WHEREAS, the Town Manager has presented to Pulaski Town Council a proposed Water Fund budget for -Fiscal Year 2021-2022; and, WHEREAS, a summary of the proposed Water Fund budget for Fiscal Year 2021-2022 was published for informative and fiscal planning purposes, as well as to give notice of a public hearing subsequently held June 1, 2021; and, WHEREAS, Pulaski Town Council has conducted a duly noticed public hearing in which public comments were considered; NOW, THEREFORE, BE IT RESOLVED by the Town Council of the Town of Pulaski, Virginia sitting in regular session this 15th day of June 2021 that the proposed Water Fund budget, as summarized by category in Attachment A -Resolution 2021-28, titled Town of Pulaski Adopted Water Fund Annual Budget and Capital Improvements Plan for FY 2021-2022 attached hereto and expressly made part of this resolution, is hereby adopted. This ordinance shall be effective July 1, 2021 and is hereby adopted this 15th day of June 2021 by the duly recorded vote of the Town Council of the Town of Pulaski, Virginia as follows: Lane R. Penn -Aye James A. Radcliffe -Aye Brooks R. Dawson -Absent G. Tyler Clontz -Aye Gregory C. East -Aye Michael P. Reis -Aye THE TOWN OF PULASKI, VIRGINIA By: W. Shannon Collins Mayor ATTEST: David N. Quesenberry Clerk of Council Attachment A -Resolution 2021-28 Town of Pulaski Adopted Water Fund Annual Budget and Capital Improvements Plan for FY 2021-2022 Water Fund Revenues Total State Non -Categorical Aid 0.00 Total Miscellaneous Revenue $ 27,000.00 Total Transfers from Other Depts. 0.00 Total Utility Collections 2,220,900.00 Total Debt Proceeds 0.00 Total Water Fund Revenues . $ 21247,900.00 , Water Fund Expenditures Total Debt Service $ 358,638.00 Total Transfers 0.00 Total Capital Outlay 115,016.00 Total Water Trans. & Distribution 533,493.21 Total Water Filtration & Purification 1,071,827.59 Total Other Financing 168,925.20 Total Water Fund Expenditures $ 2,247,900.00 Water Fund Capital Improvements Plan FY 2021-2022 *Water Fund Water Line Replacements $ 40,000.00 Water Tank (Rehab. & Painting) 25,000.00 Transfer to Capital Reserve 100,000.00 Fire Hydrant Replacement 7,516.00 Replace Pulsator Baffles & Support 19,000.00 Automatic Flushing Hydrants 5,500.00 **West Main Water Line Replacement 626,000.00 Equipment Hauling Trailer 18,000.00 Total Water Fund Projects $ 841,016.00 *The projects listed above are already included in the proposed budget totals and do not constitute spending in addition to the proposed budget. **The West Main Water Line Replacement project is debt financed.