HomeMy WebLinkAbout04-276 CITY OF LAKEVILLE
RESOLUTION
Date December 20, 2004 Resolution 04-276
Motion By Wulff Seconded By Bellows
RESOLUTION .ADOPTING THE 2005
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, 2005.
2005
Revenues
Sewer use fees $ 3,297,104
Interest income 58,995
Total revenues 3,356,099
Expenses
MCES charges 2,332,731
Personnel 382,763
Commodities 40,902
Other charges and services 323,069
Total expenses 3,079,465
Net operating income 276,634
Capital outlay (28,152)
Net increase before transfers 248,482
Transfers In / (out)
Transfer from Surface Water Management Fund 5,555
Transfer to General Fund (104,503)
Transfer to Building Fund (11,473)
Total transfers in / (out) (110,421)
Net increase. (decrease) 138,061
Working Capital, January 1 2,355,579
Working Capital, December 31 $ 2,493,640
(continued)
RESOLUTION ADOPTING THE 2005
. SANITARY SEWER OPERATING FUND BUDGET
(continued)
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota
this 20th day of December, 2004.
CITY OF KEVILL
BY:
Robert D. John on, Mayor
i'j
A T
Charlene Friedges, City CI
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