Page 407 - Cover 3.psd
P. 407

DRAINAGE UTILITY FUND




        This fund accounts for the monthly fees charged to residents and businesses to pay for the cost of drainage
        improvements throughout the City. The fee is based on a residential or commercial unit’s usage of drainage
        facilities. The fee varies slightly based on zoning category. Transfers are made to the Debt Service Fund to
        pay for principal and interest on bonds approved by voters for drainage improvements.




             FY 2018/2019                                        Adopted Budget
                                                                                                    DUF Fund
           Salaries                                                                              $                             ‐
           General Services                                                                                                      ‐
           Maintenance                                                                                               30,000
           Sundry                                                                                              1,619,755
           Supplies                                                                                                              ‐
           Capital                                                                                                               ‐
          Total                                                                                  $            1,649,755


















































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