90-71 - 12-11 Adopt 1991 Budget of the Utility FundResolution 90-71
December 11, 1990
Member Thompson introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 1991 BUDGET OF THE UTILITY FUND
BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota,
that the appropriations for the Utility Fund Programs for the calendar year
1991 shall be as follows:
UTILITY FUND
Program
Number
Description
Amount
750
Administration and Overhead
$ 255,625
751
Sewer Maintenance
183,160
752
Sewage Disposal
1,340,600
753
Water Maintenance
335,870
754
Water Supply
800,000
Total 1991 Budget $2,915,255
BE IT FURTHER RESOLVED by the City Council that the sources of financing
the sums appropriated shall be:
Description Amount
Water Charges
$1,330,000
Sewer Charges
1,465,000
Meter Sales
5,000
Penalties
35,000
Interest Earnings
210,000
Other
5,000
Total 1991 Budget $3,050,000
Mary E. r
erson, Mayor
ATTEST:
Shirley J6 Mlsdn, City Cler
The motion for the adoption of the foregoing resolution was seconded by Member
Stockman, and upon a vote being taken thereon, the following voted in favor
thereof: Anderson, Johnson, Stockman and Thompson; the following was absent:
Bakken; and the following voted against the same: none, whereupon said
resolution was declared duly passed and adopted, signed by the Mayor and her
signature attested by the City Clerk.