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HomeMy WebLinkAbout97-308 CITY OF LAKEVILLE RESOLUTION Date December 17 , 1997 Resolution 97-308 Motion By Holberg Seconded By Sndt RESOLUTION ADOPTING THE 1998 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, 1998. 1998 Revenues Sewer use fees 2,513,678 Interest income 36,891 Total revenues 2,550,569 Expenses MCES charges 1,809,408 • Personnel 258,795 Commodities 28,582 Other charges and services 162,224 Total expenses 2,259.009 Net income 291.560 Other receipts (disbursements) Transfer from Storm Water Utility Fund 11,465 Transfer to General Fund (52,037) Miscellaneous revenue 1,710 Capital outlay '.,?9,7331 Total (disbursements) (168,5951 Net increase '122,965 Working Capital, January 1 571;8$4 Working Capital, December 31 49 ~ <::~;; (continued) (continued) APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota, this 17th day of December, 1997. CITY OF AKEVILLE BY: f Duane Zaun, May TTE T: ~J. Charlene Friedges, Ci lerk •