HomeMy WebLinkAbout99-075 CITY OF LAKEVILLE
RESOLUTION
Date April 5, 1999 Resolution 99-75
Motion By Mulvihill .Seconded By Luick
RESOLUTION AMENDING THE 1999
SANITARY SEWER UTILITY FUND BUDGET
BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota, that the following
Sanitary Sewer Utility Fund Budget is hereby approved and amended for the fiscal year ending
December 31, 1999..
1999 1999
ADOPTED AMENDED
BUDGET ADJUST BUDGET NOTES
Revenues
Sewer use fees $ 2,575,021 $ 2,575,021
Gain on sale of assets 1,750 1,750
Interest income 41,296 - 41,296
Total revenues 2,618,067 - 2,618,067
Expenses
• MCES charges 2,159,461 2,159,461
Personnel 271,273 271,273
Commodities 24,690 24,690
Other charges and services 142,688 (514) 142,174 (1) (2)
Total expenses 2,598,112 (514) 2,597,598
Net income 19,955 514 20,469
Other receipts (disbursements)
Transfer from Surface Water Management Fund 11,551 .11,551
Transfer to General Fund (59,932) (59,932)
Miscellaneous revenue 1,710 1,710
Capital outlay (19,319) - (19,319)
Total (disbursements) (65,990) - (65,990)
Net increase (46,035) 514 (45,521)
Working Capital, January 1 732,726 - 732,726
Working Capital, December 31 $ 686,691 $ 514 $ 687,205
(continued)
RESOLUTION AMENDING THE 1999
SANITARY. SEWER UTILITY FUND BUDGET
• (continued)
APPROVED AND AMENDED by the City Council of the City of Lakeville, Minnesota,
this 5th day of April, 1999.
CITY O KEVILLE
BY: ~
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Duane Zaun, M ` r
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Charlene Friedges, City C k
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CITY OF LAKEVILLE
1999 SANITARY SEWER UTILITY FUND BUDGET AMENDMENT NOTES
•
ADJUSTMENT
(1) Adjust appropriations in accordance with Frontire Communication Contract
(Centrex) telephone services.
Telephone costs 771
Reduce Working Capital, December 31, 1999 (771)
(2) Reduce appropriations for LMCIT liability, property and casualty insurance
premiums.
Insurance costs (1,285)
Increase Working Capital, December 31, 1999 1,285