HomeMy WebLinkAbout03-175 .CITY OF LAKEVILLE
i RESOLUTION
Date September I5, 2003. Resolution 03-175
Motion By Luick Seconded By Rieb
RESOLUTION ADOPTING THE PRELIMINARY 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 3,282,111
Expenses
MCES charges 2,251,039
Personnel 343,949
Commodities 36,223
Other charges and services 190,334
Total expenses 2,821,545
Net operating 'rncome 460,566
Capital outlay (4,122)
Net increase before transfers 456,444
.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) ~ 373,273
Working Capital, .January 1 2,175,299
Working Capital, December 31 $ 2,548,572
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RESOLUTION ADOPTING THE PRELIMINARY 2004
SANITARY SEWER OPERATING FUND BUDGET
(continued)
APPROVED AND ADOPTED by the City Council. ofthe City of Lakeville, Minnesota,
this 15th day of September, 2003.
CITY OF KEVILL
BY:
Robert D. J nson, May r
T
Charlene Friedges, City e k