HomeMy WebLinkAboutItem 06.eJune 26, 2013 Item No.
ACKNOWLEDGE RECEIPT OF ALF AMBULANCE 2014 BUDGET
Proposed Action
Staff recommends adoption of the following motion: Move to acknowledge receipt of the
ALF Ambulance 2014 Budget.
Passage of this motion will result in approval of the ALF Ambulance 2014 budget.
Overview
The Joint Powers Agreement states "On or before July I of each year, the annual operating
budget for the following calendar year as recommended by the Board shall be submitted to each
member City Council for approval or disapproval." The ALF Ambulance Board, at its May 30
meeting, recommended City Council approval of the attached budget.
A cash distribution of $50,000 is proposed for 2014. The City of Lakeville share of the
distribution is $19,814.
Primary Issues to Consider
►1:71,
Supporting Information
• ALF budget
Dennis Feller
Finance Director
Financial Impact: $19,814 cash distribution in 2014 to Lakeville Budgeted: Yes
Source: NLA
Related Documents (CIP, ERP, etc.):
Notes:
ALF 2014 Budget
Additions
Collections of receivables
Townships
Interest on investments
Total additions
Deductions
Collection services
Other
Total deductions
Distribution of cash
Apple Valley
Lakeville
Farmington
Total distribution of cash
Net changes in cash position
Cash balance, January 1
2013
Estimated
$ 20,000
1,500
100
1,600
3,500
1,000
4,500
48,710
39,628
11,662
100,000
(82,900)
251,630
2014
Proposed
$ 10,000
1,500
100
1,600
2,500
1,000
3,500
24,355
19,814
5,831
50,000
(41,900)
168,730
Cash balance, December 31 $ 168,730 $ 126,830