HomeMy WebLinkAboutItem 06.eJune 18, 2018 Item No.________
APPROVAL OF THE ALF AMBULANCE 2019 BUDGET
Proposed Action
Staff recommends adoption of the following motion: Move to approve the ALF Ambulance
2019 Budget.
Passage of this motion will result in approval of the ALF Ambulance 2019 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 22, 2018,
meeting, recommended City Council approval of the attached budget.
Supporting Information
• ALF 2019 Budget
Financial Impact: $ Budgeted: Y☐ N☐ Source:
Related Documents: (Budget):
Envision Lakeville Community Values: Good Value for Public Services
Report Completed by: Jerilyn Erickson, Finance Director
N/A Township Payments, Interest
2017 2018 2018 2019
Actual Adopted Estimate Proposed
Additions
Collections of receivables 6,083$ 7,500$ -$ -$
Townships 1,500 1,500 1,500 1,500
Interest on investments 2,555 2,400 2,400 2,400
Total additions 10,138 11,400 3,900 3,900
Deductions
Expenses
Collection services 300 900 - -
Other 1,298 800 800 800
Total deductions 1,598 1,700 800 800
Net changes in cash position 8,540 9,700 3,100 3,100
Cash balance, January 1 177,015 186,715 185,555 188,655
Cash balance, December 31 185,555$ 196,415$ 188,655$ 191,755$
ALF AMBULANCE 2019 BUDGET
Statement of Cash Flows