HomeMy WebLinkAbout95-281 CITY OF LAI+~VILLE
RESOLIITION
Date December 20, 1995 Resolution 95-281
Motion By Johnson Seconded By Sindt
RESOLIITION ADOPTING THE 1996
MQNICIPAL RESERVES FUND
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, 1996.
1996
Revenues
Transfers From Other Funds
Excess liabilitry coverage
General $31,681
• Utility 9,457
Liquor 3,657
Motor Vehicle 403
Total excess liabilitry coverage $45,198
Workers compensation 131,225
Interest on Investments 6,985
Total Revenues $183,408
Expenditures
Insurance Claims $0
Workers compensation 131,225
Total Expenditures $131,225
Net Increase/(Decrease) $52,183
Fund Balance, January 1 126,993
Fund Balance, December 31 $179,176
• (continued)
(continued)
APPROVED AND ADOPTED by the City Council of the City of
Lakeville, Minnesota, this 20th day of December, 1995.
CITY OF VILLE
HY:
D ane Zaun, yor
TTEST
Charlene Fr edges C ty Clerk