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07-29-2019 Council Packet (Budget)
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07-29-2019 Council Packet (Budget)
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10/30/2021 1:08:48 PM
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7/19/2019 3:29:08 PM
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City Council
Council Document Type
Council Packet
Meeting Date
07/29/2019
Council Meeting Type
Work Session Special
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FORM B-1 2020 ADJUSTMENTS TO BASE BUDGET <br />DEPARTMENT #:495 FUND:602 <br />NAME:SEWER OPERATING <br />4 <br />Account #:4405 Amount (neg if decrease)$57,779 <br />MWCC SEWER CHARGES <br />Description of Adjustment: <br />Benefits if done: <br />Implications if not done: <br />5 <br />Account #:4410 Amount (neg if decrease)$3,000 <br />CONTRACTED SERVICES <br />Description of Adjustment: <br />Benefits if done: <br />Implications if not done: <br />6 <br />Account #:4510 Amount (neg if decrease)$25,000 <br />PURCHASED ASSETS DEPRECIATION <br />Description of Adjustment:No cash flow impact - increase to more accurately reflect annual depreciation expense. <br />Benefits if done: <br />Implications if not done: <br />Increase budget to account for increase of <br />Gopher State One Call charges (minimum of 10 <br />locate calls per new home) and increased <br />participation in web-based payments (higher <br />processing fees). <br />Will be able to reflect and accurate budget for <br />the 2019 Contracted Services. <br />Will likely require a budget adjustment at the end <br />of the year. <br />Estimated increase of 5.91% in wastewater <br />service fee, based on 2018 wastewater flow <br />discharged and 2020 regional wastewater <br />charge. <br />115
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