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CITY OF LAKEVILLE
RESOLUTION
Date December 16, 1991 Resolution 91-181
Motion By Sindt Seconded By Harvey
RESOLUTION APPROVING THE 1992
UTILITY FUND BUDGET
NOW, THEREFORE BE IT RESOLVED,. by the City Council of the City
of Lakeville the budget for the fiscal year 1992 is adopted as follows:
WATER SEWER TOTAL
Revenues
Water sales $815,671 $815,671
Sewer use fees $1,322,591 1,322,591
Penalties 4,500 8,125 12,625
Interest income 37,204 48,094 85,298
Meter sales, net -_3,280 _---3,280
Total Revenues $880,655 $1,378,810 $2,239,465
Expenses
Personnel Services $279,604 $183,870 $463,474
Commodities 127,843 28,753 156,596
Contractual Services 286,989 81,637 368,626
MWCC charges 1,020,458 1,020,458
Interest expense 4,060 4,060
Major maintenance projects 10,000 10,000
Transfers to General Fund 27,420 27,460 54,880
Total Expenses $725,916 $1,352,178 $2,078,094
Net Incase before depreciation $134,739 $26,632 $161,371
Other disbursements
Debt payments .($40,000) ($40,000)
Capital outlay acquisitions (18,578) ($15,730) (34,308)
Total Other ($58,578) ($15,730) ($74,308)
Net Increase/(Decrease) $76,161 $10,902 $87,063
Cash Balance, January 1 464,552 --595,181 1,059!733
Cash Balance, December 31 $540,713 $606,083 $1,148,798
continued
W> '~1
APPROVED AND ADOPTED by the City Council of the City of
Lakeville, Minnesota, this 16th day of December, 1991.
CITY OF EVILLE
BY:
D ane Zaun, M y
AT EST : 1 i
t
Charlene Friedges, City C r