03-64 - 12-16 - Adopt Budget for Storm Sewer Utility Resolution 03-64 December 16, 2003
Member Johnson introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 2004 BUDGET
OF THE STORM SEWER UTILITY FUND
BE IT RESOLVED by the City Council of the City of Golden Valley, Minnesota, that
the appropriations for the Storm Sewer Utility Fund for the calendar year 2004 shall be as
follows:
PROGRAM
NUMBER DESCRIPTION AMOUNT
7301 Storm Sewer Maintenance $1,716,225
7302 Street Cleaning 88,545
7303 Environmental Control 126,540
TOTAL 2004 BUDGET $1.931.310
BE IT FURTHER RESOLVED by the City Council that the sources of financing the
sums appropriated shall be:
DESCRIPTION AMOUNT
Storm Sewer Charges $1,830,000
Transfer From Conservation/Recycling Fund 7,000
Interest Earnings 35,000
Retained Earnings 59,310
TOTAL 2004 BUDGET $1 931,310
�c Am-�'
Linda R. Loomis, Mayor
ATTEST:
Donald G. Taylo Jerk
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.