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HomeMy WebLinkAbout98-195 CITY OF LAKEVILLE • RESOLUTION Date September 15, 1998 Resolution 98-195 Motion By Mulvihill Seconded By Holberg RESOLUTION ADOPTING THE PRELIMINARY 1999 SANITARY SEWER OPERATING 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 142,538 Total expenses 2,59ZN 622 Net income 20,105 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 (45,885) Working Capital, January 1 732,726 Working Capital, December 31 686.841 i (continued) (continued) APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota, this 15th day of September, 1998. CITY OF KEVILLE BY: Duane Zaun, May r T EST t Charlene Friedges, City Cler • •