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HomeMy WebLinkAbout00245 Minutes of Budget Session of Oct. 2/33 continued.n 478 �) Olympic Gravity Water Works, continued. Budget r,: 1933 Expended Other Obligations: for 1934 Budget in 1932 Bond Interest and Redemption $ 45000.00 $ 44485.00 $ 45145.00 Totals ..... 45000.00 44486.00 Recapitulatimn, disbursements for 1934: 'Operation and Maintenance 10460.00 'Engineering, Water Dept. 160.00 Interest and Bond Redemption 45000.00 Grand Total, 1934 obligations ........... 55620.00 ESTIMATED RECEIPTS, Water Dept. Est. Receipts Actual Rece From Sales of Water. to -wit: for 1934 in 1932 City of Port Townsend 40000.00 40173,62 Irondale 950.00 1454.87 Hadlock 450.00 756.25 Fort Worden 3250.00 3625.24 Miscellaneous Taps 150.00 826.27 Steamers, eta. 320.00 663.13 Totals, sales of water 45120.00 47499.38 From Lease: r National Paper Products Co. 10000.00 10000.00 I Miscellaneous: Interest on Bank Deposits 500.00 629.59 Recapitulation, Receipts: From Sales of Water 45120.00 47499.38 National Paper Products Co. Lease 10000.00 10000.00 Interest on Bank Deposits 500.00 629.59 Grand Totals ........... 55620.00 58128.97 Total estimated disbursements for 1934, as above ........ 55620.00 GENERAL INDEBTEDNESS FUNDS (All receipts are approximate) Bond Interest, lat Issue of Bonds: Budget 1933 Expended for 1934 Budget in 1932 Est. Expenditures: Interest on Bonds, $49,000 @ 5b $ 2695.00 $ 2892.30 $ 2697.98 Estimated overdraft for 1933 125.00 _ Totals 2820.00 2892.30 2697.98 I Estimated Receipts: Interest on Bank Deposits 26.75 Sale of Tax Title Property 20.00 Taxes; 2.75 mill levy 2773.25 (2892.30 Totals ..... 2820.00 2892.30 BOND INTEREST, 2ND ISSUE OF BONDS: Est. Expenditures: Interest on Bonds, $15,000 8 5% 750.'00 750.00 646.65 Estimated overdrafts 6.34 38.80 Totals ..... 756.34 788.80 646.65 I I 47 9 ... Minutes of Budget Session of Oct. 2/33 continued. (General Indebtedness Funds, continued.) s BOND REDEMPTION,2ND ISSUE OF BONDS. Budget 1933 Expended Est.Expenditures: for 1934 Budget in 1932 t; Bond Redemption ($15,000 outstanding) $ 3260.00 $ 3155.24 $ 4500.00 1 ' Totals ..... 3250.00 3155.24 4500.00V t' Estimated Receipts: { Interest on Bank Deposits 175.00 ( Sale of Tax Title Property 50.00 Taxes; 3 mill levy 3025.37 (3155.24 Totals ..... 3250.00 3155.24 BOND INTEREST AND BOND REDEMPTION, 1931 GENERAL OBLIGATION WATER BONDS. Est. -Expenditures; Redemption of Bonds 1000.00 1000.00 Interest on Bonds ($47,000 4-3/4 ,%) 2232.50 2280.00 (3327.50 Totals ..... 3232.50 3280.00 3327.50'I Estimated Receipts: '. Interest on Bank Deposits 50.00 i Sale of Tax Title Property 24.82 Estimated Surplus, Dec. 31/33 745.00 Transfers from Water Fund (for Interest) 900.00 Taxes; 1j mill levy 1512.68 (3280.00 0 ' Totals ..... 3232.50 3280.00 L " INDEBTEDNESS FUND. (Old General Fund Warrants), i •' Est. Expenditures: Redemption of Warrants with Interest thereon 6150.00 6310.48 4372.00 Totals ..... 6150.00 6310.48 4372.00 Estimated Receipts: " Interest on Bank Deposits 65.85 ( ; u Sale of Tax Title Property 33.41 Taxes; 6 mill levy (Statutory) 6050.74 (6310.48 Totals ..... 6150.00 6310.46 The foregoing budgets were adopted at the regular session of Oct. 3rd, 1933 and ratified by passing Ordinanoed No. 1031 and No. 1032 on Oct. 4th, 1933, at a recessed sea- --- lion of Oct. 3rd, 1933. ATTEST: City Cler. Estimated Receipts: Interest on Bank Deposits Nominal O2 Sale of Tax Title Property Nominal xiVtwY�" 1 Taxes; .75 mill levy 756.34 ( 788.80 e jn taf7. Totals ..... 756.34 788.80 ` BOND REDEMPTION, 18T ISSUE OF BONDS. �v Ja{� x Est. Expenditures:rV a t Bond Redemption, ($49 000 outstandintkr,s�#�} P , , B) 3000.00 3000.00 � K. uy Estimated Receipts:af n eras on ank Deposits '325L00 Sale of Tax Title Property 153.86 ( + Taxes; 2j mill levy 2521.14 (3155.24 Totals -30-G6 60777777777777 I Mayor n