HomeMy WebLinkAbout05-098 CITY OF LAKEVILLE
RESOLUTION
Date June 20, 2005 Resolution 05-98
Motion By Buick Seconded By Bellows
RESOLUTION AMENDING THE 2005
SANITARY SEWER OPERATING FUND BUDGET
BE !T RESOLVED, by the City Council of the City of Lakeville, Minnesota, that the
following Sanitary Sewer Operating Fund Budget is hereby approved and adopted for
the fiscal year ending December 31, 2005.
2005 2005
ADOPTED AMENDED
BUDGET ADJUST BUDGET.
Revenues
Sewer use fees $ 3,297,104 $ 3,297,104
Interest income 58,995 - 58,995
Total revenues 3,356,099 - 3,356,099
Expenses
MCES charges 2,332,731 2,332,731
Personnel 382,763 382,763
Commodities 40,902 40,902
Other charges and services 323,069 - 323,069
Total expenses 3,079,465 - 3,079,465
Net operating income 276,634 - 276,634
Capital outlay (28,152) (21,260) (49,412)
Net increase before transfers 248,482 21,260 227,222
Transfers In / (out)
Transfer from Surface Water Management Fund 5,555 5,555
Transfer to General Fund (104,503) (104,503)
Transfer to Building Fund (11,473) - (11,473)
Total transfers in / (out) (110,421) - (110,421)
Net increase (decrease) 138,061 (21,260) 116,801
Working Capital, January 1 2,355,579 - 2,355,579
• Working Capital, December 31 $ 2,493,640 $ (21,260) $ 2,472,380
(continued)
RESOLUTION AMENDING THE 2005
SANITARY SEWER OPERATING FUND BUDGET
(continued)
APPROVED AND AMENDED by the City Council of the City of Lakeville, Minnesota,
this 20th day of June, 2005.
CITY OF KEVILLE
BY:~` \
Robert D. Johns ,Mayor
E T:
Charlene Friedges, City Clerk
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