HomeMy WebLinkAbout07-217 .CITY OF LAKEVILLE
RESOLUTION NO, o~-2i~
RESOLUTIONAMENDING THE 2007
SURFACE WATER MANAGEMENT UTILITYEUND BL/DGET
NOW THEREFORE, BE IT RESOLVED that the Surface Water Management
Utility Fund Budget hereby approved and amended for the fiscal year ending
December 31, 2007.
2007. 2007
ADOPTED AMENDED
BUDGET ADJUST BUDGET NOTES
Revenues
Surface Water Utility Fees $ 479,640 $ 479,640
Miscellaneous 292 292
Interest on Investments 10,305 - 10,305
Total Revenues 490,237 - 490,237
Expenditures
Personnel Services 227,165 227,165
Commodities 14,290 14,290
Other Charges and Services 246,947 28,000 274,947. (1)
Capital Outlay 3,515 - 3,515
Total Expenditures 491,917 28,000 519,917
Transfers.
Transfer to General Fund 69,927. 69,927
Transfer to Employee Benefit Fund 944 944
Transfer to Water Operating Fund (Utility Billing Admin) 4,123 4,123
Transfer to Sanitary Sewer Operating Fund (UtiL Billing Admin) 4,123 4,123.
Transfer to Sanitary Sewer Operating Fund 2,260 - 2,260
Total Transfers 81,377 - 81,377
Net Increase!(Decrease) (83,057) (28,000) (111,057)
Fund Balance, January 1 341,114 114,022 455,136 (2)
Fund Balance, December 31 $ 258,057 $ 86,022 $ 344,079
BE FURTHER RESOLVED that the notes pertaining to the adjustments as
shown above are shown on Exhibit A attached hereto,
APPROVED AND AMENDED by the Lakeville City Council this 17th day of
.December, 2007.
O , KEVILLE
• H I D I, Mayor
ES
Charlene Friedges, C' Clerk
.r
Exhibit A
CITY OF LAKEVILLE
2007 SURFACE WATER MANAGEMENT UTILITY SPECIAL REVENUE FUND
ADJUSTMENT
(1) Increase the 2007 Other Charges and Services for the following:
Kenyon Ave/Lee Lake Culvert (07-05) 25,000
Kingsley Lake North Outfall 3,000
Decrease Fund Balance, December 31, 2007 28,000
(2) Adjust the budgeted January 1, 2007 Fund Balance to reflect the actual December 31,
2006 Fund Balance carryforward.
Actual Fund Balance, January 1, 2007 455,135
Budgeted Fund Balance, January 1, 2007 341,113
Decrease Fund Balance, December 31, 2007 114,022