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• CITY OF LAKEVILLE
RESOLUTION
Date December 19, 1994 Resolution 94-28i
Motion By Harvey Seconded By Mulvihill
RESOLUTION ADOPTING THE 1995
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, 1995.
1995
Revenues
Water sales $1,083,649
Penalties 20,969
Meter sales, net 9,000
Farm rental income 1,050
• Interest income ---87,268
Total revenues $1,201,936
Expenses
Personnel $334,061
Commodities 92,789
Contractual 606,784
Major maintenance projects 60,500
Total expenses $1,094,134
Net income (loss) $107,802
Other receipts (disbursements)
Transfer from Strm Wtr Util Fund $4,333
Transfer to General Fund (43,548)
Capital outlay (27,273)
Total (disbursements) ($66,488)
Net increase/(decrease) $41,314
(continued)
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(continued)
Working Capital, January 1 1,597,674
Working Capital, December 31 $1,638,988
APPROVED AND ADOPTED by the City Council of the City of.
Lakeville, Minnesota, this 19th day of December, 1994.
CITY OF EVILLE
BY:
ane Zaun, a or
TTEST:
1~
H
Charlene Frie es, City Clerk
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