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HomeMy WebLinkAbout97-198 CITY OF LAKEVILLE RESOLUTION • Date September 9, 1997 Resolution 97-198 Motion By Mulvihill Seconded By Holberg RESOLUTION ADOPTING THE PRELIMINARY 1998 CABLE TV FUND BUDGET BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota, that the following Cable TV Fund Budget is hereby approved and adopted for the fiscal year ending December 31, 1998. 1998 Revenues Franchise Fee $ 166,020 Interest on Investments 8,632 Total Revenues 174,652 Expenditures Personnel Services 94,458 Commodities 3,850 Other Charges and Services 19,730 Capital Outlay 35,103 • Total Expenditures 153,141 Transfer Transfer to General Fund 4,012 Net Increase/(Decrease) 17,499 Fund Balance, January 1 156.950 Fund Balance, December 31 174 449 Reserved for Building Expansion Beginning Balance, January 1 30,000 Current Year - Ending Balance, December 31 30.000 APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota, this 9th day of September, 1997. CITY OF EVILLE BY: _ Duane Zaun, May TEST ~ zr Charlene Friedges, City Cle~