01-75 - 12-18 - Adopt 2002 Budget Water and Sewer Utility Fund Resolution 01-75 December 18, 2001
Member Micks introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 2002 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
2002 shall be as follows:
PROGRAM
NUMBER DESCRIPTION AMOUNT
7121 Administration and Overhead $829,700
7122 Sewer Maintenance 1,816,440
7123 Water Maintenance 2,281,755
TOTAL 2002 BUDGET $4,927.895
BE IT FURTHER RESOLVED by the City Council that the sources of financing the
sums appropriated shall be:
DESCRIPTION AMOUNT
Water Charges $2,875,000
Sewer Charges 2,270,000
Meter Sales 25,000
Penalties 50,000
Interest Earnings 5,000
State Water Testing Fee Pass Through 35,000
Other 35,000
TOTAL 2002 BUDGET $5,295,000
Mary E. Oderson, Mayor
ATTEST:
Donald G. Taylor erk
Resolution 01-75 - Continued December 18, 2001
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,
Bakken, Johnson, LeSuer and Micks; 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.