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HomeMy WebLinkAbout05-239 CITY OF LAKEVILLE RESOLUTION Date December 19, 20Q5 Resolution 05-239 Motion By Luick Seconded By Bellows. RESOLUTION ADOPTING THE 2006 SANITARY. SEWER OPERATING FUND BUDGET BE IT 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, 2006. 2006 Revenues Sewer use fees $ 3,447,261 Interest income 82,607 Total revenues 3,529,868 Expenses MCES charges 2,192,969 Personnel 402,531 Commodities 51,249 Other charges and services. 247,894 Major maintenance 45,000 Total expenses 2,939,643 Net operating income 590,225 Capital outlay (111,997) Net increase before transfers 478,228 Transfers in / (out) Transfer from. Surface Water Management Fund 5,722 Transfer to General Fund (107,638} Transfer to Building Fund (12,956) .Total transfers in / (out) (114,872) Net increase (decrease) 363,356 Working Capital, January 1 2,744,680 Working Capital, December 31 $ 3,108,036 (continued) RESOLUTION ADOPTING THE 2006 SANITARY SEWER OPERATING FUND BUDGET (continued) APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota, this 19th day of December, 2005. CITY/O~F LAKEVILLE BY: ~ t Robert D. Joh on, Mayor A CharleneFriedges, City Irk