HomeMy WebLinkAboutItem 06.gJune 19, 2017 Item No.________
APPROVAL OF THE ALF AMBULANCE 2018 BUDGET
Proposed Action
Staff recommends adoption of the following motion: Move to approve the ALF Ambulance
2018 Budget.
Passage of this motion will result in approval of the ALF Ambulance 2018 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 June 5, 2017, meeting,
recommended City Council approval of the attached budget.
Supporting Information
• ALF 2018 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
2016 2017 2017 2018
Actual Adopted Estimate Proposed
Additions
Collections of receivables 14,729$ 7,500$ 7,500$ 7,500$
Townships 1,500 1,500 1,500 1,500
Interest on investments 3,321 1,200 2,400 2,400
Total additions 19,550 10,200 11,400 11,400
Deductions
Expenses
Collection services 1,000 900 900 900
Other 868 800 800 800
Total deductions 1,868 1,700 1,700 1,700
Net changes in cash position 17,682 8,500 9,700 9,700
Cash balance, January 1 159,333 162,933 177,015 186,715
Cash balance, December 31 177,015$ 171,433$ 186,715$ 196,415$
ALF Ambulance 2018 Budget