|On July 16, 2010 the FY 11 Budget was received. Total Income for the City of False Pass is $425,329.60 and total expenses are $465,280. This creates a deficit of $39950.40.
Water Service income equates to $9600 and the electric Service income equates to $140,580. Utilities Expenses, Elder Electric Donations and Water Testing Expenses equates to $54,900. All payroll expenses are on a single line item on the budget and totals to $146,600. It is not clear how much is appropriated to the utilities. No Repair and Replacement Cost associated with the FY11 Budget.
No resent Manager's report on file.
The electric utility os run by the city as well as the water and sewer utility. The clerk does transfer funds to track all expences for the utility, i.e. electric billing.|