An Order to appropriate $30,000 from Water Retained Earnings to Water Other Expenses.
This ordinance transfers $30,000 from Water Retained Earnings to the Water Operating Budget to fund Baker Street water main replacement. It affects the Water Enterprise and DPW, and covers materials such as pipe, valves, hydrants, and related items.
- STEP 1SubmittedAPR 09 2024
- STEP 2 · CURRENTApprovedAPR 23 2024
The City of Amesbury approves a budget transfer within the Water Enterprise to move $30,000 from Water Retained Earnings to Water Other Expenses. The Water Enterprise Retained Earnings balance is $354,525.54. This transfer funds the purchase of pipe and supplies to support DPW staff in replacing about 500 feet of six-inch water main on Baker Street, including pipe, gate valves, service pipe, gravel, asphalt, hydrants, and hydrant repair stock. This is a routine internal adjustment to support an infrastructure project within the Water Enterprise, with the transfer charged to account 610 0450 5541 00 - Pipe Casting & Cement.