04-88 - 12-21 - Adopt 2005 Budget of Water & Sewer Fund Resolution 04-88 December 21, 2004
Member Grayson introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 2005 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
2005 shall be as follows:
PROGRAM
NUMBER DESCRIPTION AMOUNT
7121 Administration and Overhead $608,110
7122 Sewer Maintenance 1,835,840
7123 Water Maintenance 2,555,390
TOTAL 2005 BUDGET $4.999.340
BE IT FURTHER RESOLVED by the City Council that the sources of financing the
sums appropriated shall be:
DESCRIPTION AMOUNT
Water Charges $3,750,000
Sewer Charges 2,525,000
Meter Sales 10,000
Penalties 50,000
State Water Testing Fee Pass Through 40,000
Other 15,000
TOTAL 2005 BUDGET $6,390.000
Linda R. Loomis, Mayor
ATTEST:
�r
Donald G. T , City Clerk
Resolution 04-88 - Continued December 21, 2004
The motion for the adoption of the foregoing resolution was seconded by Member Freiberg
and upon a vote being taken thereon, the following voted in favor thereof: Freiberg,
Grayson, Loomis, Pentel and Shaffer; 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.