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HomeMy WebLinkAbout04-265 CITY OF LAKEVILLE RESOLUTION December 20, 2004 04-265 Date Resolution Motion By Wulff Seconded By Bellows RESOLUTION ADOPTING THE 2005 CABLE TV FUND BUDGET BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota, that the following Cable TV Fund Budget is hereby approved and adopted for the fiscal year ending December 31, 2005. 2005 Revenues Franchise Fee $ 378,283 Miscellaneous revenue (franchise application) 850 Interest on Investments .6,238 Total Revenues 385,371 Expenditures Personnel Services 181,215 Commodities 9,986 • Other Charges and Services 35,976 Capital Outlay 125,342 Total Expenditures 352,519 Transfers Transfer to General Fund 90,300 Transfer to Employee Benefit Fund 4,315 Transfer to Building Fund 3,025 Total Transfers 97,640 Net Increase/(Decrease) (64,788) Fund Balance, January 1 231,397 Fund Balance, December 31 $ 166,609 APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota, this 20th day of December, 2004. CITY OF L KEVILLE BY: Robert. D. Joh on, Mayor . ST Charlene Friedges, City C r