HomeMy WebLinkAbout03-170 CITY OF LAKEVILLE
RESOLUTION
Date September- 15, 2003 Resolution 0~-170
Motion By Luick Seconded By Rieb
RESOLUTION ADOPTING THE PRELIMINARY 2004
MUNICIPAL RESERVES FUND BUDGET
BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota, that the following
Municipal Reserves Fund Budget is hereby approved and adopted for the fiscal year ending
December 31, 2004.
2004
Revenues
Transfers from other funds for Liability, Property and Casualty:
General Fund $ 176,208
Utility Funds 44,035
Liquor Fund 22,457
Total 242,700
LMCIT Rebate 57,460
Interest on Investments 8,042
Total revenues 308,202
. Expenditures
Liability, property, and casualty premiums 247,858
Liability insurance claims/ded. 50,000
Municipal Reserves administration charge 37,212
Total Expenditures 335,070
Net Increase/(Decrease) (26,868)
Fund Balance, January 1 505,398
Fund Balance, December 31 $ 478,530
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 15th day of September, 2003.
CITY OF LA EVILLE
BY:
Robert D. John n, Mayor
A
Charlene Friedges, City Cle
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