HomeMy WebLinkAbout2004 ATM-ARTICLE 12 WATER ENTERPRISE FUND APPROPRIATION FISCAL YEAR 2005-CERTIFIED VOTE OF NORTH qti
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TOWN OF NORTH ANDOVER
OFFICE OF THE TOWN CLERK
120 MAIN STREET
NORTH ANDOVER, MASSACHUSETTS 01845
Joyce A.Bradshaw,CMMC Telephone(978)688-9501
Town Clerk Fax (978)688-9556
E-mail Bradshaw(dtownofnorthandover.com
This is to certify that the following vote was taken at the Dissolved Annual
Town Meeting for the Town of North Andover held May 10, 11 and 17, 2004:
Article 12. Water Enterprise Fund Appropriation, Fiscal Year 2005
UNANIMOUSLY VOTED that the Town appropriate the amount of $4,877,010, in
aggregate, for the purposes listed under the column "FY05 recommendation: Town
Manager, Board of Selectmen, Finance Committee" without regards to individual line
items, and to operate the Water Enterprise Fund, that $4,877,010 be raised from water
receipts and from these receipts $601,277 be transferred to the General Fund for indirect
expenses and repayment of a transfer of funds from the General Fund to the Water
Enterprise Fund in Fiscal Year 1999.
Water Enterprise Fund FY05 Recommendation
Town Manager
FY05 Board of Selectmen
Dept. Request FY04 Budget Finance Committee
Personnel 661,613 680,265 668,015
Expenses 1,002,275 992,175 1,084,632
Capital 0 256,200 0
Reserve Fund - Salary 0 0 12,800
Debt Service 2,664,831 2,307,286 2,510,286
Sub-Total Direct
Expenditures 4,328,719 4,235,926 4,275,733
Transfer to General Fund 0 0 123,201
Administration/Indirect 437,000 500,750 478,076
Total Water Enterprise 4,765,719 4,736,676 4,877,010
VOTED MAY 10, 2004