HomeMy WebLinkAbout1991-12-10; Municipal Water District; Resolution 765I
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RESOLUTION NO. 7 6 5
A RESOLUTION OF THE WATER BOARD
OF THE CARLSBAD MUNICIPAL WATER
DISTRICT, CALIFORNIA, AMENDING
THE REVENUE ESTIMATES WITHIN THE
1991 -92 OPERATING BUDGET
WHEREAS, the Board of Directors of the Carlsbad Municipal Wate~
District has reviewed and adopted the Operating Budget for fiscal year 1991,
92, and has held such public hearings as are necessary prior to the adoptior
of the final Operating Budget; and
WHEREAS, the Water Board has determined that the revenue estimatf
for Property Tax was inappropriately credited to the operating portion of thc
1991 -92 Operating Budget; and
WHEREAS, the Water Board has determined that the estimated 1991
92 Property Tax revenues need to be placed within the Capital Budget, a:
shown in Exhibit B; and
WHEREAS, the amount of revenue estimated to be received fron
property tax has been revised, as shown in Exhibit B.
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of thc
Carlsbad Municipal Water District as follows:
1. That the above recitations are true and correct.
2. That certain documents now on file in the office of the Cit
Clerk of the City of Carlsbad entitled "City of Carlsbad, California 1991-92
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Operating Budget" as amended in accordance with Exhibit B attached heret
and incorporated by reference herein, shall be the same and is hereb
adopted as the final Operating Budget for the Carlsbad Municipal Watc
District for the fiscal year 1991-92.
special PASSED, APPROVED AND ADOPTED, at a szgdar meeting of th
Carlsbad Municipal Water District Board of Directors held on the 10 th da
of December , 1991, by the following vote, to wit:
AYES: Board Members Lewis, Kulchin, Larson,
Nygaard & Stanton
NOES: None
ABSENT: None
ATTEST:
L?to%L 2 (E?*
ALETHA L. RAUTENKRANZ, Secretafy
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1 0 e ExHm
I CITY OF CARLSBAD
REVENUE ESTIMATES FOR 1991 -92
ESTIMATED PROJECTED ESTIMATED
REVENUE REVENUE REVENUE
SOURCE OF FUNDS N 1990-91 FY 1990-91 N 1991 -92 DIFFERENCE I WATER DISTRICT FUNDS Cr ............................................................... ... .................................... ................................................................ .........................................
WATER OPERATIONS
WATER REVENUES 6,008,200 6,008,200 6,781,000 772,800
ENG & OTHER SERVICES 150,000 150,000 107,000 (43,000)
MISCELLANEOUS REVENUE 50,000 50,000 24,000 (26,000)
INTEREST 270,000 270,000 291 ,000 21,000
TOTAL 6,478,200 6,478,200 7,203,000 724,800
WATER DlST PROJECT REPL
CAPITAL SURCHARGE 875,000 875,000 1,015,000 140,000
PROPERTY TAX 560,000 560,000 700,000 140,000
CITY CONTRIBUTIONS 0 0 4,300,000 4,300,000
INTEREST 20,000 20,000 350,000 330,000
TOTAL 1,455,000 1,455,000 6,365,000 4,910,000
I WATER DlST MAJOR FACILITIES
MAJOR FACILITYCHARGE 1,400,000 1,400,000 1,496,000 96,000
INTEREST INCOME 600,m 6@A000 369,000 (231,000)
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OF F
PRC
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- -
-
~ -
-
TOTAL 2,000,000 2,000,000 1,865,000 (1 35,000) - -
TOTAL WATER DISTRICT 9,933,200 9,933,200 15,433,000 5,499,800
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