Item Coversheet
CITY OF WATERLOO

Council Communication

Resolution approving the 2015 Budget of the Waterloo Water Works; and authorize City Clerk to file said documents with the Black Hawk County Auditor.

City Council Meeting: 12/8/2014
Prepared: 12/1/2014
ATTACHMENTS:
DescriptionType
FY15 BudgetCover Memo
SUBJECT:
Resolution approving the 2015 Budget of the Waterloo Water Works; and authorize City Clerk to file said documents with the Black Hawk County Auditor.
Submitted by:
Submitted By: Dennis Clark, General Manager of Waterloo Water Works
Recommended Action:
Approve the 2015 Budget of the Waterloo Water Works and to have the City Clerk forward the appropriate documents to the Black Hawk County Auditor.
Summary Statement:
The Board of Trustees of the Waterloo Water Works approved the 2015 Budget at their regular Board meeting on November 26, 2014. 
Expenditure Required:
No City funds are required for this action. 
Source of Funds:
Waterloo Water Works revenue is primarily derived from the sale of potable drinking water.  Those revenues pay for operations and capital improvements of the Waterloo Water Works.
Background Information:
Original copies of the support documents are provided to the City Clerk.