Laserfiche WebLink
- air compressor 4,000 <br />- *85 GMC underbody <br />plow 4,800 <br />- water tank & tamper 5,000 <br />- power hack saw & <br />chain saw 1,450 <br />- air condition tractor 2,600 <br />- radio for sweeper <br />Building & Zoning department - <br />portable radio <br />800 <br />700 <br />Building Outlay Fund - No specific amounts have been budgeted for <br />1991 at this time, but will depend on the City facilities <br />progress. <br />Construction Funds <br />The Municipal State Aid Construction Fund and the Permanent <br />Improvement Revolving Fund have been added this year for <br />information purposes. No budget amounts are shown at this time <br />for 1991. However, it is anticipated that state aid monies will <br />be used to fund approximately $160,000 of the $560,000 bridge <br />project costs for the Old Crystal Bay Road bridge replacement in <br />1991. <br />Debt Service Funds <br />The final payment of $154,400 will be made in 1991 on the 1976 <br />Refunding Bonds. Other debt service fund payments will total <br />$249,640 in 1991. The outstanding principal balance at the end <br />of 1991 will be $1,100,000 for the Debt Service Funds bond <br />issues. <br />Enterprise Funds <br />Several significant changes have been incorporated in this budget <br />document. Within the Water Operating and Sewer Operating Funds <br />the construction and debt service for the 1989 G.O. Revenue Bonds <br />have been spread between the two funds and segregated by project <br />and debt redemption. A proportionate debt redemption schedule is <br />shown with the water portion and the sewer protion. Each project <br />is totalled separately, each debt service portion is totalled <br />separately; and the operation of the water system and the sewer <br />system is totalled separately. The depreciation is reflected as <br />an operating expense in all the enterprise funds this year and <br />all capital outlay from operations appears as a footnote and is <br />not included in the department or fund totals. The fund totals <br />in the Water Fund and the Sewer Fund will appear unusually high, <br />however, these totals include the utility construction projects <br />and debt service, which are funded separate from operations and <br />have separate cash accounts.