HomeMy WebLinkAboutItem 06.fJune 6, 2016 Item No.________
APPROVAL OF THE ALF AMBULANCE 2017 BUDGET
Proposed Action
Staff recommends adoption of the following motion: Move to approve the ALF Ambulance
2017 Budget.
Passage of this motion will result in approval of the ALF Ambulance 2017 budget.
Overview
The Joint Powers Agreement states “On or before July 1 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 25,
2016, meeting, recommended City Council approval of the attached budget.
Supporting Information
• ALF 2017 Budget
Financial Impact: $ Budgeted: Y☐ N☐ Source:
Related Documents: (CIP, ERP, etc.):
Envision Lakeville Community Values: Good Value for Public Services
Report Completed by: Jerilyn Erickson, Finance Director
N/A A/R, Township Pmts, Interest
2015 2016 2017
Actual Adopted Proposed
Additions
Collections of receivables 17,141$ 2,500$ 7,500$
Townships 1,500 1,500 1,500
Interest on investments 1,061 1,300 1,200
Total additions 19,702 5,300 10,200
Deductions
Expenses
Collection services 800 900 900
Other 1,344 800 800
Total deductions 2,144 1,700 1,700
Net changes in cash position 17,558 3,600 8,500
Cash balance, January 1 141,775 159,333 162,933
Cash balance, December 31 159,333$ 162,933$ 171,433$
ALF Ambulance 2017 Budget