HomeMy WebLinkAbout96-253 „f,
CITY OF LAKEVILLE
® RESOLUTION
Date December 18, 1996 Resolution 96-253
Motion By Mulvihill Seconded By Holberg
RESOLUTION ADOPTING 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 adopted for the fiscal year ending
December 31, 1997.
1997
Revenues
Water sales 1,216,198
Penalties 56,640
Meter sales, net 8,000
Interest income 140,996
Total revenues 1,421,834
• Expenses
Personnel 392,288
Commodities 91,384
Contractual 409,722
Major maintenance projects 339 740
Total expenses 1,233,134
Net income 188.700
Other receipts (disbursements)
Transfer from Strm Wtr Util Fund 2,758
Transfer to General Fund (49,986)
Capital outlay (43,1201
Total (disbursements) (90,348)
Net increase 98,352
Working Capital, January 1 2,369,138
Working Capital, December 31 2.467.490
(continued)
1
• (continued)
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 18th day of December, 1996.
CITY OF KEVILLE
Duane Zaun, Mayo
ATTEST:~,~
Charlene Friedges, City C rk
•