HomeMy WebLinkAbout93-280 CITY OF LAKEVILLE
RESOLUTION
Date December 20, 1993 Resolution 93-280
Motion By Harvey Seconded By Ruhmann
RESOLUTION APPROVING THE 1994
LIQUOR FUND BUDGET
BE IT RESOLVED, by the City Council of the City of Lakeville,
Minnesota, that the following Liquor Budget is hereby approved and adopted
for the fiscal year ending December 31, 1994.
1994
Sales $4,072,742
Cost of goods sold 3,078,887
Gross profit. $993,855
Expenses
Personnel $4f7,205
Commodities 19,474
Contractual 262,318
Depreciation 26,535
Total expenses $725,532
Net operating income $2fig,323
Other revenue (expenses)
Purchase discounts received $18,233
Non-sufficient fund checks 1,100
Interest income 28,559
Donations to school districts (26,832)
Total other revenue (expenses} $21,060
Net income before transfers $289,383
Transfer to Building Fund $150,000
Capital outlay $285,746
Continued
Continued
APPROVED AND ADOPTED by the City Council of the City of
Lakeville, Minnesota, this 20th day of December, 1993.
CITY OF L KEVILLE
BY:
Duane Zaun, M y r
A ,EST: C
C ar ene Frie ges, Ci y Clerk
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