HomeMy WebLinkAbout99-216 CITY OF LAKEVILLE
RESOLUTION
Date September 14, 1999 Resolution 99-216
Motion By rt„ 1 V; h; ~ i Seconded By Luick
RESOLUTION ADOPTING THE PRELIMINARY 2000
MUNICIPAL RESERVES FUND BUDGET
BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota, that the following
Municipal Reserves Fund Budget is hereby approved and adopted for the fiscal year ending
December 31, 2000.
2000
Revenues
Transfers from other funds for Liability. Property and Casualty:
General Fund $ 138,490
Utility Funds 33,541
Liquor Fund 18,682
Total excess liability 190,713
Workers compensation 80,831
LMCIT Rebate 67,627
Interest on Investments 28,523
Total revenues 367,694
• Expenditures
Workers compensations premiums 107,775
Liability, property, and casualty premiums 185,805
Liability insurance claims/ded. 72,533
Municipal Reserves administration charge 27,667
Total Expenditures 393,780
Net Increase/(Decrease) (26,086)
Fund Balance, January 1 518,592
Fund Balance, December 31 $ 492,506
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 14th day of September, 1999.
CITY OF EVILLE
BY:
_ Duane Zaun, Mayor
A ES .
harlene Frie es, City Jerk