Moroni City Budget Hearings

Notice is hereby given that the Moroni City Council approved the 2019-2020 budget on Thursday, June 20, 2019 as Resolution 2019-6-20B

The 2019-2020 budget contains transfers from the water fund to the General fund of $25,000.00.  The transfer represents 12.35% of the enterprise fund expenditures.  Administrative and overhead cost allocated were $63,300.00.

The cost accounting breakdown for the Specific Enterprise fund is as follows:

Administrative and overhead costs allocated:

Wages                                                  $            27,500.00             514011

Benefits                                                             16,000.00             514013

Accounting & auditing services           12,800.00             514031

Telephone                                                            1,000.00             514029

Building lease                                                    6,000.00             514048

Other non-associated costs:

Transfer to General Fund              $        25,000.00             12.35%

Dated this 25 of July 2019

/c/Carol Haskins

Moroni City Recorder