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HomeMy WebLinkAbout07-230 CITY OF LAKEVILLE RESOLUTION NO. 07-230 RESOLUTIONADOPTING THE 2008 SANITARYSEWER OPERATING FUND BUDGET NOW THEREFORE, BE IT RESOLVED that the Sanitary Sewer Operating Fund Budget is hereby approved and adopted for the fiscal year ending December 31, 2008. Zoos Revenues Sewer use fees $ 3,385,646 Miscellaneous 1,632 Interest income 85,800 Total revenues 3,473,078 Expenses MCES charges 2,471,639 Personnel 582,866 Commodities 71,411 Other charges and services 308,429 Major maintenance projects 132,696 Capital outlay 182;173 Total expenses 3,749,214 Net operating income before transfers (276,136) Transfers In / (out) Transfers from Surface Water Management Fund 6,631. Transfers to General Fund (142,826) Total transfers in / (out) (136,195) Net Increase/(Decrease) (412,331) Working Capital, January 1 2,434,996 Working Capital, December 31 $ 2,022,665 r. (continued) RESOLUTIONADOPTING THE 2008 SANITARYSEWER OPERATING FUND BUDGET (continued) APPROVED AND ADOPTED by the Lakeville City Council this 17th day of December, 2007. CI OF L4KEVILLE - ~ l y Dah , a or A SST Charlene Friedges, Q Clerk