HomeMy WebLinkAbout01-228 CITY OF LAKEVILLE
RESOLUTION
Date December 17, 2001 Resolution. 01-228
Motion By Luick Seconded By Mulvihill
RESOLUTION`AMENDING THE 2001
CABLE TV FUND BUDGET;
BE iT RESOLVED, by the City Council of the City of Lakeville, Minnesota, that the following
Cable N Fund Budget is hereby approved and amended forthe fiscal year ending December31,
2001.
2001 2001
ADOPTED ADJUST AMENDED NOTE"
Revenues
Franchise Fee $ 276,390 $ 276,390
Interest on Investments 17,703 17,703"
Sale of assets 1,540 - 1,540
Total Revenues ' 295,633 - 295,633
Expenditures
Personnel. Services 447,966 147,966
Commodities 8,308 8,308
Other Charges and Services 29,302 593 29,895 (1)
Capital Outlay. 328,479 - 328,479
Total Expenditures 514,055 593 514,648
Transfer:
Transfer to General Fund 8,436 5,257. 13,693 (2)
Net Increase/(Decrease) (226,858) (5,850) (232,708)
Fund Balance, January 1 321.,876. 27,1.79 ....349,055 (3)
Fund Balance, December 31 $ 95,018 $ 21,329 $ 116,347
APPROVED AND AMENDED by the City Council of the City of Lakeville,-Minnesota,
this 17th day of December, 2001.
CITY OF LA VI LE
BY:
Robert D. Johnso ayor
T.
Charlene Fredges, City C rk
f
CITY OF LAKEVILLE
..2001 CABLE TV'FUND BUDGET AMENDMENT NOTES
ADJUSTMENT
(1) Increase appropriations for additional charges related to the Minnesota '
Association of Community Administrators (MALTA) lobbying expenses.
Professional Services - MALTA 593
Reduce Fund Balance December 31, 2001. (593)
(2} .Increase Transfers to General fund for Cable TV's share of computer software
and hardware upgrades to the City's network system in 2001.
Transfers to Genei-al`Fund 5,257
Reduce Fund Balance December 31; 2001 (5,257)
(3) Adjust the budgeted January 1, 2001 Fund Balance to reflect the. actual
December 31; 2000 Fund Balance carryforward.
Actual Fund Balance January 1, 2001 349,055
Budgeted Fund Balance-January 1, 2001 (321,876).
Increase Fund Balance January 1, 2001 27,179
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