HomeMy WebLinkAbout25-164 Resolution Adopting the 2026 Budget CITY OF LAKEVILLE
RESOLUTION NO. 25-164
RESOLUTION ADOPTING THE 2026 BUDGET
BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota that the
following 2026 budget, a copy of which is on file in the Finance Director's office,is hereby
approved and adopted.
D e bbCapital
Fund/Department Revenues Expenditures Acquisitions
General Fund $ 47,369,434 $ 46,527,762
General Fimd- Transfers 130,000 71,000
Total General Fund 47,499,434 46,598,762
Special Revenue Funds(through separate Resotution)
Debt Service Funds 22,744,614 22,193,868
Capital Projects Funds 80,749,369 93,996,925
Internal Service Funds
Municipal Reserves Fund 711,971 778,432
Compensated Leave Fund 233,000 250,000
Enterprise- Liquor Fund 23,955,000 25,214,287 270,000
Enterprise- Ut�7ityFund 25,002,061 29,687,941 2,641,301
Grand Total $ 200,895,449 $ 218,720,215 $ 2,911,301
ADOPTED by the Lakeville City Council this lst day of December 2025.
CITY OF LAKEVILL : �
. �
L M. Hellier, Mayor
Ann Orlofsky, City Clerk