HomeMy WebLinkAbout95-285 CITY OF LAIUrVILLE
RESOLUTION.
Date December 20, 1995 Resolution 95-285
Motion Hy Johnson Seconded Hy Sindt
RESOLUTION ADOPTING THE 1996
WATER UTILITY FUND BUDGET
BE IT RESOLVED, by the City Council of the City of of Lakeville,
Minnesota, that the following Water Utility Budget is hereby approved and
adopted for the fiscal year ending December 31, 1996.
1996
Revenues
Water sales $1,138,651
Penalties 56,483
Meter sales, net 9,000
Farm rental income 1,050
Interest income 46,894
• Total revenues $1,252,078
Expenses
Personnel $352,474
Commodities 87,595
Contractual 388,570
Major maintenance projects 189,380
Total expenses $1,018,019
Net income $234,059
Other receipts (disbursements)
Transfer from Strm Wtr Util Fund $4,333
Transfer to General Fund (47,901)
Transfer to GIS Fund (7,898)
Capital outlay (34,749)
Total (disbursements) ($86,215)
Net increase $147,844
Working Capital, January 1 1,964,730
• Working Capital, December 31 $2,112,574
(continued)
(continued)
APPROVED AND ADOPTED by the City Council of the City of
Lakeville, Minnesota, this 20th day of December, 1995.
CITY OF VILLE
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HY:
D aae Zaun, or
TIES
Charlene Friedges City Clerk
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