93-100 - 12-20 Adopt 1994 Budget Water & Sewer Utility FundResolution 93-100
December 20, 1993
Member Johnson introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 1994 BUDGET OF THE WATER & SEWER UTILITY FUND
BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota,
that the appropriations for the Water & Sewer Utility Fund Programs for the
calendar year 1994 shall be as follows:
WATER & SEWER UTILITY FUND
Program
Number Description Amount
0750 Administration and Overhead $ 307,800
0751 Sewer Maintenance 1,701,875
0753 Water Maintenance 1,186,525
Total 1994 Budget $3,196,200
BE IT FURTHER RESOLVED by the City Council that the sources of financing
the sums appropriated shall be:
Description Amount
Water Charges
$1,300,000
Sewer Charges
1,500,000
Meter Sales
5,000
Penalties
30,000
Interest Earnings
30,000
Other
30,000
Retained Earnings
301,200
Total 1994 Budget $3,196,200
ATTEST:
Shirley J. N lso , City Clerk
The motion for the adoption of the foregoing resolution was seconded by Member
Russell; and upon a vote being taken thereon, the following voted in favor
thereof: Bakken, Johnson, Russell, Stockman and Thompson; and the following
voted against the same: none; whereupon said resolution was declared duly passed
and adopted, signed by the Mayor and his signature attested by the City Clerk.