97-092 - 12-16 Adopting the 1998 Budget of Water & Sewer Utility Fund Resolution 97-92 December 16, 1997
Member Micks introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 1998 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
1998 shall be as follows:
PROGRAM
NUMBER DESCRIPTION AMOUNT
0750 Administration and Overhead $493,390
0751 Sewer Maintenance 1,673,760
0753 Water Maintenance 1,423,385
TOTAL 1998 BUDGET $3,590,535
BE IT FURTHER RESOLVED by the City Council that the sources of financing the
sums appropriated shall be:
DESCRIPTION AMOUNT
Water Charges $1,650,000
Sewer Charges 1 965 000
, ,
Meter Sales 20,000
Penalties 52,000
Interest Earnings _p_
State Water Testing Fee Pass Through 35,000
Other 35,000
TOTAL 1998 BUDGET $3.757,000
�
Mary E. A erson, Mayor
ATTEST:
Shirley J. Is n, City Clerk
Resolution 97-92 - Continued December 16, 1997
The motion for the adoption of the foregoing resolution was seconded by Member LeSuer
and upon a vote being taken thereon, the following voted in favor thereof: Anderson,
Johnson, LeSuer, Micks and Russell; 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.