HomeMy WebLinkAbout20-150CITY OF LAKEVILLE
RESOLUTION NO. 20-150
RESOLUTION ADOPTING THE 2021 BUDGET
BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota that the
following 2021 budget, a copy of which is on file in the Finance Director's office, is hereby
approved and adopted.
Fund/Department
Revenues
Expenditures
Enterprise Debt/Capital
Bond Proceeds Acquisitions
General Fund
$ 30,913,468
$ 31,890,023
General Find - Transfers
876,430
1,325,000
Total General Fund
31,789,898
33,215,023
Snerial Reveruie Fimdls
Comnunrications
732,966
751,022
Economic Development
50
5,177
Debt Service Funds
(aortal Projects Finds
13,601,065
13,849,585
Municipal state -aid
4,944,249
2,609,234
Pavement Management
1,227,400
2,412,500
Improvement Construction
10,925,908
10,922,252
Building
469,171
780,427
Equipment
1,750,081
2,421,726
Technology
258,264
165,365
Park Dedication
1,685,405
3,106,282
Park Improvement
628,981
923,000
Trail Improvement
80,352
484,725
Storm Sewer
1,093,062
1,985,662
Water
2,683,000
1,823,942
Sanitary Sewer
365,175
410,269
Arena Capital Reserve
7,933,285
6,133,247
Tax Increment
458,675
410,793
Tax Abatement
-
13,125
Internal Service - Municipal
Reserves Fund
454,005
573,851
Enterprise - Liquor Fund
17,455,752
17,536,083
- 5,631,093
Enterprise - Utility Fund
18,554,827
19,910,503
1,420,000 3,308,786
Grand Total
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$ 120,443,793
$ 1,420,000 $ 81939,879
ADOPTED by the Lakeville City Council this 7TH day of December 2020.
4�7
Charlene Friedges, City C e
Douglas P. Anderson, Mayor