08-58 - 12-16 - Adopting 2009 Budget Water and Sewer Utility FundResolution 08-58
December 16, 2008
Member Pentel introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 2009 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
2009 shall be as follows:
PROGRAM
NUMBER DESCRIPTION AMOUNT
7121 Administration and Overhead $2,018,285
7122 Sewer Maintenance 2,183,295
7123 Water Maintenance 3,691,030
TOTAL 2009 BUDGET $7,892,610
BE IT FURTHER RESOLVED by the City Council that the sources of financing the
sums appropriated shall be:
DESCRIPTION AMOUNT
. Water Charges $3,879,700
Sewer Charges 2,980,240
Penalties 80,000
State Water Testing Fee Pass Through 43,000
Interest Earnings 150,000
Other 201,000
Retained Earnings 558,670
TOTAL 2009 BUDGET $7,892,610
ATTEST:
Im Em��
Susan M. Virnig, City Clerk
•
WOTOT, 17 M LTA
Resolution 08-58 - Continued
December 16, 2008
The motion for the adoption of the foregoing resolution was seconded by Member Shaffer
upon a vote being taken thereon, the following voted in favor thereof: Freiberg, Loomis,
Pentel and Shaffer; and the following was absent: Scanlon, 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.
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