08-62 - 12-16 - Adopting 2009 Budget Storm Sewer Utility FundResolution 08-62
December 16, 2008
Member Pentel introduced the following resolution and moved its adoption:
RESOLUTION ADOPTING THE 2009 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 2009 shall be as
follows:
PROGRAM
NUMBER DESCRIPTION AMOUNT
7301 Storm Sewer Maintenance $1,784,135
7302 Street Cleaning 117,530
7303 Environmental Control 277,020
7304 Debt Service 432,590
TOTAL 2009 BUDGET $2.611.275
BE IT FURTHER RESOLVED by the City Council that the sources of financing the
sums appropriated shall be:
DESCRIPTION AMOUNT
Storm Sewer Charges $2,212,150
Transfer From Conservation/Recycling Fund 7,000
Interest Earnings 50,000
Retained Earnings 342.125
TOTAL 2009 BUDGET $2,611,275
Linda R. Loomis, Mayor
ATTEST:
Susan M. Virnig, City Clerk
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.