HomeMy WebLinkAbout93-185 CITY OF LAKEVILLE
RESOLUTION
. Date September 13, 1993 R2SOlUt10n 93-185
Motion By Harvey Seconded By Mulvihill
RESOLUTION APPROVING THE 1994 PRELIMINARY
UTILITY FUND BUDGET
BE IT RESOLVED, by the City Council of the City of of Lakeville,
Minnesota, that the following Utility Budget is hereby approved and adopted
for the fiscal year ending December 31, 1994.
WATER SEWER TOTAL
Revenue
Water sales 51,005,620 51,005,620
Sewer use fees 51,542,430 1,542,430
Sewer surcharge 130,380 130,380
Penalties 15,084 23,137 38,221
Interest income 35,761 29,627 65,388
Meter sales, net 12,909 12,909.
Total revenue 51,069,374 51,125,514 52,794,948
• Expenses
MWCC charges 51,405,823 51,405,.823
Personnel 5314,731 214,547 529,278
Commodities 95,755 31,388 127,143
Contractual 342,588 89,000 431,588
Major maintenance projects 57,500 25,000 82;500
Total expenses 5810,574 51,765,758 52,576,332
Net income (loss) 5258,800 (540,184) 5218,616
.Other receipts (disbursements)
Transfer to General Fund (.536,121) (536,121) (572,242)
Transfer from S.W.U.F. 4,333 4,333 8,666
Capital outlay (7,765) (26,935). (34,100)
Total (disbursements) (539,553) (558,723) (598,276)
Net increase (decrease) in cash 5219,247 (598,907) 5120,-340
Cash balance, January l 715,221 592,538 1,307,159
Cash balance, December 31 5934,468 5493,631 51,428,099
. Continued
~ ~ /
Continued
APPROVED AND ADOPTED by the City Council of the City of
Lakeville, Minnesota, this 13th day of September, 1993.
CITY OF EVILLE
BY:
Duane Zaun, M o
TTEST. ~
harlene Frie ges, C' y Clerk