HomeMy WebLinkAbout98-188 CITY OF LAKEVILLE
RESOLUTION
• Date September 15, 1998 Resolution 98-188
Motion By Mulvihill Seconded By Holberg
RESOLUTION ADOPTING THE PRELIMINARY 1999
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, 1999.
1999
Revenues
Transfers from other funds for Excess Liability Coverage:
General Fund $ 26,915
Utility Funds 6,763
Liquor Fund 3 414
Total excess liability 37,092
Workers compensation 87,632
Interest on Investments 24,405
Total revenues 149 129
• Expenditures
Liability insurance claimslded. 10,500
Municipal Reserves administration charge 25,295
Workers compensations premiums 116,843
Total Expenditures 152,538
Net Increase/(Decrease) (3,509)
Fund Balance, January 1 406,756
Fund Balance, December 31 ~ 403.247
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 15th day of September, 1998.
CITY OF KEVILLE
BY:
Du ne Zaun, Mayo
T S
Charlene Friedges, City Clergy
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