HomeMy WebLinkAbout00-329 CITY OF LAKEVILLE
RESOLUTION
Date December 18, 2000 Resolution 00-329
Motion By Luick Seconded By Mulvihill
RESOLUTION ADOPTING THE 2001
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, 2001.
2001
Revenues
Transfers from other funds for Liability, Property and Casualty:
General. Fund $ 165,982
Utility Funds 41,466
Liquor Fund 23,225
Total liability 230,673
Workers compensation 91,180
LMCIT Rebate 49,113
Interest on Investments 26,785
Total revenues 397,751
Expenditures
Workers compensations premiums 120,338
Liability, property, and casualty premiums 220,510
Liability insurance claims/ded. 53,329
Municipal Reserves administration charge 30,165
Total Expenditures 424,342
Net Increase/(Decrease) (26,591)
Fund Balance, January 1 428,897
Fund Balance, December 31 $ 402,306
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 18th day of December, 2000.
CITY OF KE ~ ILLE
BY:
Duane Zau ,May r
T T:
a Charlene Friedges, City C rk
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