HomeMy WebLinkAbout03-241 CITY OF LAKEVILLE
RESOLUTION
Date December 15, 2003 Resolution 03-241
Motion By Luick Seconded By Bellows
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 811,706 124,849 936,555
Total expenses 3,310,467 124,849 3,435,316
Net operating income (190,192) (124,849) (315,041)
Capital outlay (53,586) - (53,586)
Net increase before. transfers (243,778) (124,849) (368,627)
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) (315,652) (124,849) (440,501)
Working Capital, January 1 2,465;226 - 2,465;226
Working Capital, December 31 $ 2,149,574 $ (124,849) $ 2,024,725
(continued)
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RESOLUTION AMENDING THE 2003
SANITARY SEWER OPERATING FUND BUDGET
continued)
APPROVED AND AMENDED by the City Council of the City of Lakeville, Minnesota,
this 15th day of December, 2003.
CITY OF KEVILLE
BY: ~
Robert D. Jo son, Mayor
jA E T:
1 harlene Friedges, City C er