HomeMy WebLinkAbout03-269 .CITY OF LAKEVILLE
RESOLUTION
Date December 15, 2003 Resolution 03-269
Motion By Luick Seconded By Rieb
RESOLUTION ADOPTING THE 2004
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, 2004.
2004
Revenues
Sewer use fees $ 3,227,869
Interest income 54,242
Total revenues 3,282,114
Expenses
MCES charges 2,251,039
Personnel 343,949
. Commodities 36,223
Other charges and services 187,810
Total expenses 2,819,021
Net operating income 463,090
Capital outlay (4,122)
Net increase before transfers 458,968
Transfers In / (out).
Transfer from Surface Water Management Fund 5,224
Transfer to General Fund (88,395)
Total transfers in / (out) (83,171)
Net increase (decrease) 375,797.
Working Capital, January 1 2,052,230
Working Capital, December 31 $ 2,428,027
(continued)
~i
RESOLUTION ADOPTING THE 2004
SANITARY SEWER OPERATING FUND BUDGET
(continued)
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 15th day of December, 2003.
CITY OF L KEVILLE
BY: ~ p
Robert D. Jo son, Mayor
A S.
Charlene Friedges, City Cler