04-92 - 12-21 - Adopt 2005 Budget for Storm Sewer Utility Fund Resolution 04-92 December 21, 2004
Member Grayson introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 2005 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 2005 shall be as
follows:
PROGRAM
NUMBER DESCRIPTION AMOUNT
7301 Storm Sewer Maintenance $1,836,780
7302 Street Cleaning 110,990
7303 Environmental Control 176,430
7304 Debt Service 332,400
TOTAL 2005 BUDGET $2,456600
BE IT FURTHER RESOLVED by the City Council that the sources of financing the
sums appropriated shall be:
DESCRIPTION AMOUNT
Storm Sewer Charges $2,010,000
Transfer From Conservation/Recycling Fund 7,000
Interest Earnings 25,000
Retained Earnings 414,600
TOTAL 2005 BUDGET $2.456,600
Linda R. Loomis, Mayor
ATTEST:
Donald G. Taylo C er
Resolution 04-92 - 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.