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CITY OF LAKEVILLE
• RESOLUTION
Date December 16, 2002 Resolution 02-285
Motion By Luick Seconded By Mulvihill
RESOLUTION ADOPTING 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 adopted for the fiscal year ending
December 31, 2003.
2003
Revenues
Sewer use fees $ 3,058,644
Interest income 61,631
Total revenues 3,120,275
Expenses
MCES charges 2,137,200
Personnel 325,681
• Commodities 35,880
Other charges and services 811,706
Total expenses 3,310,467
Net operating income (190,992)
Capital outlay (45,754)
Net increase before transfers (235,946)
Transfers In /{out)
Transfer from Surface Water Management Fund 4,951
Transfer to General Fund (76,825).
Total transfers in / (out) (71,874)
Net increase (decrease) (307,820)
Working Capital, January 1 2,465,226
Working Capital, December 31 $ 2,157,406
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(continued)
RESOLUTION ADOPtING THE 2003
• SANITARY SEWER OPERATING FUND BUDGET
(continued)
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 16th day of December, 2002.
CITY OF LA EVILLE
BY:
Robert D. Jo on, Mayor
A S
Charlene Friedges, City Irk
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