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HomeMy WebLinkAbout90-097 f CITY OF LAKEVILLE RESOLUTION Date August 27, 1990 Resolution No. 90-97 Motion b Mulvihill Second b Sindt y y RESOLUTION APPROVING THE 1991 PRELIMINARY LIQUOR FUND BUDGET NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakeville, Minnesota, that the preliminary Liquor Fund Budget for the fiscal year 1991 be adopted as follows: 1991 ESTIMATE Sales 3,618,527 Cost of goods sold 2,?52,174 • Gross Profit 866,353 Personnel 392,25$ Commodities 18,541 Contractual Services 241,277 Depreciation 41,600 Total operating expenses 693,676 Other revenue (expense} Interest income 35,869 Discounts and commissions 20,073 Donation to school districts (17,268) Transfer to General Fund (118,365} Transfer to Building Fund (75,000) Net income 17,986 • APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota, this 27th day of August, 1990. CITY OF L KEVILL BY: D ane Zaun, M yor TT ST: Charlene Friedges, Ci Clerk •