HomeMy WebLinkAbout01-257 CITY OF LAKEVILLE
RESOLUTION
Date December 17, 2001 Resolution 01-257
Motion By Rieb Seconded By Mulvihill
RESOLUTION ADOPTING THE 2002
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, 2002.
2002
Revenues
Transfers from other funds for Liability, Property and Casualty:
General Fund $ 206,002
Utility Funds 50,453
Liquor Fund 28,334
Total 284, 789
LMCIT Rebate 18,628
Interest on Investments 14,929
Total revenues 318,346
• Expenditures
Liability., property, and casualty premiums 236,937
Liability insurance claims/ded. 58,129
Municipal Reserves administration charge 32,989
Total Expenditures 328,055
Net Increase/(Decrease) (9,709)
Fund Balance, January 1 373,235
Fund Balance, December 31 $ 363,526
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 17th day of December, 2001.
CITY OF ILLE ~/J
BY: Z~,~'`PT~
Robert D. Joh on, Mayor
EST:
Charlene Friedges, City Clerk