HomeMy WebLinkAbout06-140 CITY OF LAKEVILLE
RESOLUTION NO. 06-140
RESOLUTION ADOPTING THE PRELIMINARY 2007
SANITARY SEWER OPERATING FUND BUDGET
NOW THEREFORE BE IT RESOLVED, by the City Council of the City of Lakeville,
that the Sanitary Sewer Operating Fund Budget is hereby approved and adopted for the
fiscal year ending December 31, 2007.
2007
Revenues
Sewer use fees $ 3,569,022
Penalties 88,678
Miscellaneous 1,632
Interest income 75,574
Total revenues 3,734,906
Expenses
MCES charges 2,326,517
Personnel 473,708
Commodities 61,937
• Other charges and services 386,646
Major maintenance projects 271,300
Total expenses 3,520,108
Net operating income 214,798
Capital outlay (103,974)
Net increase before transfers 110,824
Transfers In / (out)
Transfer from Surface Water Management Fund 6,383
Transfer to General Fund (136,518)
Total transfers in / (out) (130,135)
Net increase (decrease) (19,311)
Working Capital, January 1 2,519,137
Working Capital, December 31 $ 2,499,826
•
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RESOLUTION ADOPTING THE PRELIMINARY 2007
SANITARY SEWER OPERATING FUND BUDGET
(continued)
DATED this. 5th day of September 2006.
CITY OF LA EVILLE
BY:
Robert D. Joh on, Mayor
A E c
1
Charlene Friedges, City Clerl