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HomeMy WebLinkAbout04-184 CITY OF LAKEVILLE RESOLUTION Date September 13, 2004 Resolution 04-184 Motion By Wulff. Seconded By Rieb RESOLUTION ADOPTING THE PRELIMINARY 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 388,941 Commodities 40,902 Other charges and services 323,079 Total expenses 3,085,653 Net operating income 270,446 Capital outlay (24,139.) Net increase before transfers 246,307 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) 135,886 Working Capital, January 1 2,359,794 Working Capital, December 31 $ 2,495,680 (continued) a RESOLUTION ADOPTING THE PRELIMINARY 2005 SANITARY SEWER OPERATING FUND BUDGET (continued) ' APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota, this 13th day of September, 2004. CITY OF KEVILLE BY: ~r. Robert D. Jo nson, Mayor T arlene Friedges, City Clerk