HomeMy WebLinkAbout93-184 CITY OF LAKEVILLE
RESOLUTION
Date September 13, 1993 Resolution 93-184
Motion By xarVey; Seconded By Mulvihill
.RESOLUTION APPROVING THE 1994 PRELIMINARY
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 34,072,742
Cost of goods sold 3,078,881
Gross profit 5993,855
Expenses
Personnel 5417,205
• Commodities 19,474
Contractual 257,859
Total expenses 5694,538
Net operating income .5299,317
Other revenue (expenses)
Purchase discounts received 318,233
Non sufficient fund checks 1,100
Donations to school districts (26,489)
Interest income 33,082
Total other revenue (expenses) 325,926
Net income 5325,243
Other disbursements
Transfer to Building Fund 3150,000
Capital outlay 285,746
Total other disbursements 3435,746
Continued
Continued
1994
Net decrease in cash (#110,503)
Cash balance, January 1 483,.919
Cash balance, December 31 X373,416
APPROVED AND ADOPTED by the City Council of the City of
Lake~rille, Minnesota, this 13th day of September, 1983.
CITY OF EVILLE
BY:
..Dane Zaun, M o
TTEST:
• Charlene Frie ges, C' y Clerk