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HomeMy WebLinkAbout02-281 CITY OF LAKEVILLE RESOLUTION Date December 16, 2002 Resolution 02-281 Motion By Luck Seconded By Mulvihill RESOLUTION ADOPTING THE 2003 EQUIPMENT FUND BUDGET BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota, that the following Equipment Fund Budget is hereby approved and adopted for the fiscal year ending December 31, 2003. 2003 Revenues Certificates of Indebtedness $ 590,000 METTAC State grant for radio replacement installation 6,000 Minnesota Department of Traffic safety grant 3,000 City of Farmington -radio reimbursement 23,271 Total Revenues 622,271 Expenditures Police 248,473 • Fire 155,245 Streets 35, 521 Parks 128, 336 Bond issuance costs 19,439 Total Expenditures 587,014 Net Increase/(Decrease) 35,257 Fund Balance, January 1 15,709 Fund Balance, December 31 $ 50,966 APPROVED AND ADOP'T'ED by the City Council of the City of Lakevil~e, Minnesota, this 16th day of December, 2002. CITY OF L KEVILLE BY: Robert D..~o son, Mayor • TEST: Charlene Friedges, City Clerk