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1960-9A RESOLUTION ADOPTING AN ESTIMATED BUDGET FOR THE FISCAL YEAR BEGINNING NOVEMBER 1, 1960 AND ENDING OCTOBER 31, 1961 AND ADOPTING AN AMOUNT DETERMINED TO BE THE ANTICIPATED CASH RECEIPTS OF THE WATER DEPARTMENT OF THE CITY OF EDGEWATER, VOLUSIA COUNTY, FLORIDA. BE IT RESOLVED by the City Council of the City of Edgewater, Folusia County, Florida; SECTION 1. That the following hereby is adopted as the estimated budget for the Water Department for the fiscal year beginning November 1, 1960 and ending October 31, 1961: Salaries and wages $8,900.00 Payroll Taxes, Social Security 250.00 Power 1,865.00 Chemicals 150.00 Supplies 1,372.00 Truck Expense 50.00 Repairs and Replacements 125.00 Telephone 240.00 Insurance 205.00 Office Expense 260.00 Auditing 300.00 Postage 225.00 Miscellaneous 180.00 Principal and Interest Sinking Fund 26,000.00 Depreciation Account $18,000 in Securities Reserve Account lIyy, 200.00 Capital Improvements 8.660.00 $52,982.00 SECTION 2. That the Amount of $52,982.00 is hereby adopted as the anticipated cash receipts for the fiscal year beginning November 1, 1960 and ending October 31, 1961. BE IT FURTHER RESOLVED that all resolutions or parts of resolu- tions in conflict herewith be and the same hereby are rescinded. The above and foregoing resolution was presented by Councilman Seng_ who moved its adoption, said motion being seconded by Councilman Armstrong and upon roll call vote, said resolution was duly declared adopted at the regular meeting of said Council held on the 3rd day of October, 1960s the vote on said roll call of said Council being as follows: ayor ou cilman ou cIIman � a(,n d o i