NOTICE is hereby given that the Moroni City Council approved the 2020-2021 budget on Thursday, June 18, 2020 as Resolution 2020-03
The 2020-2021 budget contains transfers from the Water Fund to the General Fund of $25,000.00. The transfer represents 10.29% of the Water Fund expenditures.
The cost accounting breakdown for the Specific Enterprise fund is as follow:
Administrative and overhead costs allocated:
Wages $31,000.00 514011
Benefits 16,000.00 514013
Accounting & Auditing 14,000.00 514031
Telephone 1,000.00 514029
Building lease 6,000.00 514048
Other non-associated costs:
Transfer to General Fund $25,000.00 10.29%
Dated this 7th of August 2020
/s/ Carol Haskins
Moroni City Recorder