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HomeMy WebLinkAbout95-196 CITY OF LAKEVILLE RESOLUTION Date September 13, 1995 Resolution 95-196 Motion By Harvey Seconded By Mulvihill RESOLUTION ADOPTING THE 1996 PRELIMINARY MUNICIPAL 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 APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota, this 13th day of September, 1995. CITY OF L KEVILLE Duane Zaun, yor ATTES ` arlene Friedge City Clerk