HomeMy WebLinkAbout94-196
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CITY OF LAREVILLE
RESOLUTION
Date September 14, 1994 Resolution 94-196
Motion By Sindt Seconded By Johnson
RESOLUTION APPROVING THE 1995 PRELIMINARY
WATER FUND BUDGET
BE IT RESOLVED, by the City Council of the City of of Lakeville,
Minnesota, that the following Water Fund Budget is hereby approved and
adopted for the fiscal year ending December 31, 1995.
WATER
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
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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 14th day of September, 1994.
CITY OF EVILLE
BY:
Dua a Zaun, Ma o
ATTTEST
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Charlene Friedge City Clerk
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