HomeMy WebLinkAbout02-196 CITY OF LAKEVILLE
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RESOLUTIO
Date September 16, 2002 Resolution 02-T96
Motion By Luick Seconded By Mulvihill
RESOLUTION ADOPTING THE PRELIMINARY 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 810,309
Total expenses 3,309,070
Net operating income (188,795)
Capital outlay (45,754)
Net increase before transfers (234,549)
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). (306,423)
Working Capital, January 1 2,465,226
Working Capital, December 31 $ 2,158,803
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(continued)
RESOLUTION ADOPTING THE PRELIMINARY 2003
• SANITARY SEWER OPERATING FUND BUDGET
(continued)
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 16th day of September, 2002.
CITY O L EVI E
BY:
Robert D. Jo on, Mayor
T
Charlene Friedges, City CI I