Ordinance 91-1022WHEREAS, the City .m 1.1.n of the Ilty f Longwood,
Fl.-da, has determined that the Ent p se Fund E get for Fiscal
rear 1990/1991 should be redu.ed; and
WHEREAS, section 5 of Otdi.nance No. 1.002 provides for
ame ndmenc of the 1990/1191 Eudget.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF
THE CITY OF LONGWOOD, FLORIDA, AS FOLLOWES:
That the Enterprise Fund E g for the
City of Longwood. Florida is hereby amended as indicated in Exhibit
A, City of L. g Ood. Enterprise Fund Budget amendment, Fiscal Year
1990/1991, which is hereby attached and ma . part of thus Ordinance
by reference thereto.
SECTION 2: Effective Eat.. This Ordinance shall Take
effect upon final p g and adoption.
FIRST HEADING
EEEOND H£ADIND
PASSED AND AEOPTED THIS /D DAY OF /'A'd A. D. 1991
ATTEST:
eT
Approved aR I. form and legality for the use and rel.iauce of the
City of LOngwood, Florida on l.y.
C.ORIDA
Ord
REVENUES:
CITY
ENTERPRISE
OF LONGWOOD
FUND BUDGET
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PHONE l4h"fl 260.Jg90
February 18. 1991
TO. Don Terry. Acring City Administmtar
FYom: Ric HO, Finance Dlrecr
Sub%ecr: F.Y. W191 Ertrerprise Bud``"g������e""''r//////
Enclosed, is an analysis of the Waterl8ewer Enrerprise Fund F.Y. W1191 Bndger. Due
to the d flcit --fro. I., year which caused a defrdt m the carry -forward artd the loss
of the FD.E.Rclaan, it A necessary to amend the original badger.
Also. recommended are some further cuts based an staffanalysis on the anginal revenue
projecdans. !t is srq$s recommendation thm these curs be approved to rry ro minimize arty
dkits that might occur Ohin rh,furul.
Staff rec nends rhat we amend the F.Y. 90191 WaterlSewar Budget from $4.164,30
to $2,298,600. 01 urge that you recommend ro the Commission jar approval m amend the
WarerlSewer Budget as stated.
E ..lbudget