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20.137 An Order to Rescind and Replace FY2021 Water Enterprise Fund BudgetCity of Northampton MASSACHUSETTS _________ In City Council November 5, 2020 Upon recommendation of the Mayor 20.137 An Order to Rescind and Replace FY2021 Water Enterprise Fund Budget Ordered, that The budget voted for the Water Enterprise Fund on June 18, 2020 be rescinded and replaced with the following: the sum of $6,945,000 which is the full amount necessary for the Fiscal Year 2021 Water Enterprise Fund Budget (July 1, 2020 to June 30, 2021), be appropriated for the purposes stated and to meet said appropriation, $5,767,732 is to be raised from water receipts, $577,268 shall be allocated to indirect costs and $600,000 shall be transferred from the Water Stabilization Fund. WATER ENTERPRISE FUND Water General 2,949,566 Water Debt 1,684,863 Water Interest 262,190 Water Indirect Costs 577,268 Water Transfer to Capital Projects 1,471,113 Water Reserve - TOTAL WATER ENTERPRISE FUND 6,945,000