HomeMy WebLinkAbout19-156CITY OF LAKEVILLE
RESOLUTION NO. 19-156
RESOLUTION ADOPTING THE 2020 BUDGET
BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota that the
following 2020 budget, a copy of which is on file in the Finance Director's office, is hereby
approved and adopted.
Enterprise Debt/Capital
Fund/Department Revenues Expenditures Bond Proceeds Acquisitions
General Fund $ 29,726,551 $ 30,756,597
General Fund - Transfers 830,371 550,000
Total General Fund 30,556,922 31,306,597
Special Revenue Funds
Communications
759,096
825,168
Economic Development
50
8,335
Debt Service Funds
12,749,833
13,098,167
Capital Projects Funds
Municipal state -aid
14,359,577
14,296,297
Pavement Management
1,227,200
1,772,953
Improvement Construction
15,956,113
15,956,113
Building
651,606
910,048
Equipment
1,865,856
1,383,514
Technology
96,377
136,906
Park Dedication
1,520,050
3,302,547
Park Improvement
375,663
540,000
Trail Improvement
33,700
497,750
Storm Sewer
1,090,462
1,695,648
Water
1,960,700
2,834,751
Sanitary Sewer
357,475
226,796
Tax Increment
396,163
353,564
Tax Abatement
-
13,125
Internal Service - Municipal
Reserves Fund
488,347
605,184
Enterprise - Liquor Fund
15,917,714
16,714,988
Enterprise - Utility Fund
17,666,124
20,239,501
Grand Total
$ 118,029,028
$ 126,717,952 $
- 49,790
3,470,000 3,442,069
3,470,000 $ 3,491,859
ADOPTED by the Lakeville City Council this 2°a day of December 2019
i
0• ' Anderson,Mayor
Charlene Friedges, City Cle