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HomeMy WebLinkAbout98-199 • CITY OF LAKEVILLE RESOLUTION Date September 21. 1998 Resolution No. 98-199 Motion By Holberg Seconded By sindt RESOLUTION AMENDING THE 1998 CABLE TV FUND BUDGET BE IT RESOLVED, by the City Council of Lakeville, Minnesota, that the following Cable TV Fund Budget is hereby approved and adopted for the fiscal year ending December 31, 1998. Original Amended Budget Adiustment Budget Note Revenues Marcus Reimbursement $ 3,641 $ 3,641 2 Sale of Assets 4,805 4,805 4 Franchise Fee $ 166,020 6,349 172,369 3 Interest on Investments 8,632 1,067 9,699 3 Total Revenues 174,652 15,862 190,514 Expenditures Personnel Services 94,458 9,281 103,739 1,2 Commodities 3,850 3,850 Other Charges and Services 22,290 23,000 45,290 3 • Capital Outlay 35,103 5,769 40,872 4 Transfer to General Fund 4,012 4,012 Total Expenditures 159,713 38,050 197,763 Net Increase/(Decrease) 14,939 (22,188) (7,249) Fund Balance, January 1 156,950 4,698 161,648 5 Fund Balance, December 31 171,889 (17,490) 154,399 Reserved for Building Expansion (30,000) 30 000 Unreserved/Non-Designated Fund 141.889 1( 7,490) 124 399 Balance 12/31/98 APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota, this 21st day of September, 1998. CITY OF MLLE By: uane Zaun, M o ATTES . Charlene Friedge ,City Cle