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HomeMy WebLinkAbout98-284 CITY OF LAKEVILLE RESOLUTION Date December 21, 1998 Resolution 98-284 Motion By Holberg Seconded By Sindt RESOLUTION ADOPTING THE 1999 CABLE TV FUND BUDGET BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota, that the following Cable TV Fund Budget is hereby approved and adopted for the fiscal year ending December 31, 1999. 1999 Revenues Franchise Fee $ 178,669 Miscellaneous 100 Interest on Investments 9,124 EG Access Fee 52,200 Sale of assets 4,525 Total Revenues 244,618 Expenditures Personnel Services 114,868 Commodities 3,350 Other Charges and Services 21,017 Capital Outlay 96,831 Total Expenditures 236,066 Transfer Transfer to General Fund 4,256 Net Increase/(Decrease) 4,296 Fund Balance, January 1 183,237 Fund Balance, December 31 $ 187,533 Reserved for Building Expansion Beginning Balance, January 1 30,000 Current Year - Ending Balance, December 31 30,000 APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota, this 21st day of December, 1998. CITY OF KEVILLE • BY: Duane Zaun, Mayo T Charlene Friedges, City erk