HomeMy WebLinkAbout00-221 CITY OF LAKEVILLE
• RESOLUTION
Date September 13, 2000 .Resolution 2000-221
Motion By Johnson Seconded By Mulvihill
RESOLUTION ADOPTING THE PRELIMINARY 2001
WATER OPERATING FUND BUDGET
BE IT RESOLVED, by the City Council of the City of Lakeville, Minnesota, that the following
Water Operating Fund Budget is hereby approved and adopted for the fiscal year ending
December 31, 2001.
2001
Revenues
Water sales $ 1,472,418
Penalties 72,553
Meter sales, net 15,929
Interest income T58,308
Total revenues 1,719,208
.Expenses
Personnel 484,484
Commodities 168,725
Other charges and services 632,567
Total expenses 1,285,776
Net operating income 433,432
Capital outlay (188,777)
Net increase before transfers 244,655
Transfers
Transfers from Surtace Water Management Fund 3,014
Transfers to General Fund (71,498)
.Transfers to Equipment Fund ~ (14,134)
Total transfers (82,618)
Net increase (decrease) 162,037
Working Capital, January 1 2,680,849
• Working Capital, December 31 $ 2,842,886
(continued)
RESOLUTION ADOPTING THE PRELIMINARY 2001
WATER OPERATING FUND BUDGET
i
(continued)
APPROVED AND ADOPTED by the City Council of the City of Lakeville, Minnesota,
this 13th day of September, 2000.
CITY O AKEVILLE
BY'
Du2~ne Zaun, M
E T•
harlene Friedges, City Jerk
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