96-104 - 12-16 Adopt 1997 Budget Water and Sewer Utility FundResolution 96-104 December 16, 1996
is Member introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 1997 BUDGET
OF THE WATER AND SEWER UTILITY FUND
BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota, that
the appropriations for the Water and Sewer Utility Fund Programs for the calendar year
1997 shall be as follows:
PROGRAM
NUMBER DESCRIPTION AMOUNT
0750 Administration and Overhead $458,370
0751 Sewer Maintenance 1,582,685
0753 Water Maintenance 1.351.990
TOTAL 1997 BUDGET $3.393.045
BE IT FURTHER RESOLVED by the City Council that the sources of financing the
sums appropriated shall be:
DESCRIPTION AMOUNT
Water Charges $1,490,000
Sewer Charges 1,880,000
Meter Sales 5,000
Penalties 30,000
Interest Earnings 5,000
State Water Testing Fee Pass Through 35,000
Other 30,000
TOTAL 1997 BUDGET $3.475.000
Mary E. Anderson, Mayor
ATTEST:
Shirley J. Nelson, City Clerk
The motion for the adoption of the foregoing resolution was seconded by Member
and upon a vote being taken thereon, the following voted in favor thereof,:
and the following voted against the same:
whereupon said resolution was declared duly passed and adopted, signed by the Mayor
and her signature attested by the City Clerk.