HomeMy WebLinkAbout97-014 CITY OF LAKEVILLE
RESOLUTION
Date January 21, 1997 Resolution 97-14
Motion By Sindt Seconded By Johnson
RESOLUTION AMENDING THE 1997
WATER UTILITY FUND BUDGET
BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota, that the following
Water Utility Fund Budget is hereby approved and amended for the fiscal year ending
December 31, 1997.
1997 1997
ADOPTED AMENDED
BUDGET ADJUST BUDGET
Revenues
Water sales 1,216,198 1,216,198
Penalties 56,640 56,640
Meter sales, net 8,000 8,000
Interest income 140,996 - 140 996
• Total revenues 1,421,834 - 1,421,834
Expenses
Personnel 392,288 4,111 396,399
Commodities 91,384 91,384
Contractual 409,722 409,722
Major maintenance projects 339,740 - 339,.740
Total expenses 1,233,134 4,111 1 237,245
Net income 188,700 (_4,1111 184.589
Other receipts (disbursements)
Transfer from Strm Wtr Util Fund 2,758 2,758
Transfer to General Fund (49,986) (49,986)
Capital outlay (43,120) - (43,1201
Total (disbursements) (90,348) - (90,348)
Net increase 98,352 (4,111) 94,241
Working Capital, January 1 2369,138 - 2,369;138
Working Capital, December 31 2.467.490 (4.111) 2.463.379
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APPROVED AND AMENDED by the City Council of the City of Lakeville, Minnesota,
this 21st day of January, 1997.
CITY OF KEVILLE
Du ne Zaun, Mayor
A T
Charlene Friedges, City lerk
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