03-60 - 12-16 - Adopt 2004 Budget for Water & Sewer Resolution 03-60 December 16, 2003
Member Johnson introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 2004 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
2004 shall be as follows:
PROGRAM
NUMBER DESCRIPTION AMOUNT
7121 Administration and Overhead $514,800
7122 Sewer Maintenance 1,864,080
7123 Water Maintenance 3,741,310
TOTAL 2004 BUDGET $6,120.190
BE IT FURTHER RESOLVED by the City Council that the sources of financing the
sums appropriated shall be:
DESCRIPTION AMOUNT
Water Charges $3,800,000
Sewer Charges 2,450,000
Meter Sales 25,000
Penalties 60,000
State Water Testing Fee Pass Through 35,000
Other 15,000
TOTAL 2004 BUDGET $6,385,000
Linda R. Loomis, Mayor
ATTEST:
Donald G. Taylor, lerk
Resolution 03-60 - Continued December 16, 2003
The motion for the adoption of the foregoing resolution was seconded by Member Grayson
upon a vote being taken thereon, the following voted in favor thereof: Grayson, Johnson,
LeSuer, Loomis and Tremere; 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.