HomeMy WebLinkAbout96-249 CITY OF LAKEVILLE
RESOLUTION
r Date December 18, 1996 Resolution 96-249
Motion By Mulvihill Seconded By Holberg
RESOLUTION ADOPTING THE 1997
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, 1997.
1997
Revenues
Transfers from other funds for Excess Liability Coverage:
General Fund $ 31,546
Utility Fund 10,859
Liquor Fund 3,179
Motor Vehicle Fund 314
Total excess liability 45,898
Workers compensation 134,745
Interest on Investments 14,386
Total revenues 195,029
Expenditures
Insurance claims -
Workers compensations premiums 134,745
Total Expenditures 134,745
Net Increase/(Decrease) 60,284
Fund Balance, January 1 239,569
Fund Balance, December 31 $ 299,853
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 18th day of December, 1996.
CITY OF KEVILLE
BY: ~ ~.t,~
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Duane Zaun, Mayor
/~TTESTa~ i
Charlene Friedges, City Cler , I