HomeMy WebLinkAbout98-300 CITY OF LAKEVILLE
RESOLUTION
Date December 21, 1998 Resolution 98-300
Motion By xolberg Seconded By Sindt
RESOLUTION ADOPTING 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 adopted for the fiscal year ending
December 31, 1999.
1999
Revenues
Sewer use fees 2,575,021
Gain on sale of assets 1,750
Interest income 41,296
Total revenues 2,618,067
Expenses
MCES charges 2,159,461
• Personnel 271,273
Commodities 24,690
Other charges and services 142,688
Total expenses 2,598,112
Net income 19,955
Other receipts (disbursements)
Transfer from Surface Water Management Fund 11,551
Transfer to General Fund (59,932)
Miscellaneous revenue 1,710
Capital outlay (19,319)
Total (disbursements) (65,990)
Net increase (46,035)
Working Capital, January 1 732,726
Working Capital, December 31 686,691
(continued)
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RESOLUTION ADOPTING THE 1999
SANITARY SEWER UTILITY FUND BUDGET
(continued)
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 21 st day of December, 1998.
CITY OF AKEVILLE
BY:
Duane Zaun, May
EST•
Charlene Friedges, City Cler