HomeMy WebLinkAbout03-010 CITY OF LAKEVILLE
RESOLUTION
Date January 21, 2003 Resolution 03-10
Motion By Reb Seconded By Wulff
RESOLUTION AMENDING THE 2003
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 amended for the fiscal year ending
December 31, 2003.
2003 2003
• ADOPTED AMENDED
BUDGET ADJUST BUDGET
Revenues
Sewer use fees $ 3,058,644 $ 3,058,644
Interest income 61,631 - 61,631
Total revenues 3,120,275 - 3,120,275
Expenses
MCES charges , 2,137,200. 2,137,200
Personnel 325,681 325,681
Commodities 35,880- 35,880
Other charges and services 811,706 - 811,706
Total expenses 3,310,467 - 3,310,467
Net operating income (190,192) - (190,192)
Capital outlay (45,754) (7,832) (53,586)
Net increase before transfers (235,946) (7,832) (243,778)
Transfers In / (out)
Transfer from Surface Water Management Fund 4,951 4,951
Transfer to General Fund (76,825) - (76,825)
Total transfers in / (out) (71,874) - (71,874)
Net increase (decrease) (307,820) (7,832) (315,652)
Working Capital, January 1 2,465,226 - 2,465,226
Working Capital, December 31 $ 2,157,406 $ 7,832 $ 2,149,574
• (continued)
RESOLUTION AMENDING THE 2003
SANITARY SEWER OPERATING FUND BUDGET
(continued)
APPROVED AND AMENDED by the City Council of the City of Lakeville, Minnesota,
this 21 st day of January, 2003.
CITY OF L EVIL°LE
BY: ~l1/ ,
Robert D. Joh n, Mayor
n
A S
Charlene Friedges, City rk
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