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HomeMy WebLinkAbout87-146 ~f . . , • CITY. OF LAKEVILLE RESOLUTION Date October 5, 1987 Resolution No. 87-16 Motion b Harvey Second b Sndt y----------------- y RESOLUTION APPROVING THE 1988 UTILITY FUND BUDGET BE IT RESOLVED by the City Council of the City of .Lakeville the budget for the fiscal year. 1988 be adopted- as follows: REVENUE Water sales $513,952 Sewer use fees 1,053,252 Penalties .12,625 Interest Income 75,600 Meter sales, net 3,.280 MWCC grant 0 • Other income _______900 Total Revenue $1,659,609 EXPENSE MWCC Charges $888,051 Personel services 223,622. Commodities 40,266 Cosultant services 39,275, Print public information 75 Insurance 36,443 Electric services 105,829 Gas service 1,875 Teleghone 20,170. Water 10,4.26 Postage 2,640 Contractual repair 2,225 Data processing 11,356 Other contractual 86,110 Miscellaneous 14,366 General Fund .administration 0 Depreciation 48,..603 Interest expense 17,952 • Total Expense $1,549,28.4 Net Income $l1fl,325 R`. _ ~ t APPROVED. AND ADOPTED. by the City Council of the City of Lakeville, Minnesota this 5thday of October 19.87. CITY OF LAKEVILLE BY: Duan Zaun, May ATTEST: ~l Patrick E.^McGarvey, City Jerk • •