HomeMy WebLinkAbout01-154 CITY OF LAKEVILLE
RESOLUTION
Date September 17, 2001 Resolution 01-154
Mulvihill Luick
Motion By Seconded By
.RESOLUTION ADOPTING THE .PRELIMINARY 2002.
WATER OPERATING FUND BUDGET
BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota., thafthe following
Water Operating Fund .Budget is_hereby approved and adopted for the fiscal year. ending
December 31, 2002.
2002
Revenues
Water sales $ 1,526,737
Penalties 45, 802
Meter sales, net - 17,773
Interest income 146,573
Total revenues 1,736,885
Expenses
Personnel 536,172
Commodities. 177,619
Other charges and services 682,438
Total expenses 1,396,229
Net operating income 340,656
Capital outlay (144,082).
Net increase before transfers 196,574-
Transfers in / (out)
Transfers from Surface Water Management Fund 3,104
Transfers to General Fund (73,698)
Total transfers in / (out) (70,594)
Net increase, (decrease) 125,980
Working Capital, January 1 3,664,331
Working Capital, December 31 $ 3,790,311
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RESOLUTION ADOPTING THE PRELIMINARY 2002
WATER OPERATINGFUND BUDGET
continued
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APPROVED AND ADOPTED by the City Council of the City... of Lakeville, Minnesota,
this 17th day of September, 2001.
CITY O EVILLE
BY:
Robert D. J nson, May r
Charlene Friedges, City Cler
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