HomeMy WebLinkAbout01-150 CITY OF LAKEVILLE
RESOLUTION
Date September 17, 2001 Resolution 01-150
Motion By Mulvihill Seconded By Luick
RESOLUTION ADOPTING THE PRELIMINARY 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 #rom other. funds for Liability, Property and Casualty:
.General Fund $ 206,002
Utility Funds 50,453
Liquor Fund. 28,334
Total . 284,789
LMCIT Rebate 1.8,628
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 September, 2001.
CITY OF L EVILLE
BY: ~~~C
Robert D. Jo son, Mayor
T.
Charlenefriedges, City Cler