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Home My WebLink About2000-019 Council ResolutionCouncil member Carlson introduced the following resolution and move its adoption: CITY OF LINO LAKES RESOLUTION NO. 00-19 RESOLUTION ADOPTING THE 2000 WATER AND SEWER BUDGETS WHEREAS, Effective with bills rendered after January 1, 2000 the projected revenue generated by the current fee schedule is sufficient to fund the 2000 Water and Sewer budgets established by the Public Services Department and should be adopted through resolution. NOW THEREFORE BE IT RESOLVED, that the following Water and Sewer Budgets be adopted for 2000. 2000 Water Fund Budget 2000 Sewer Fund Budget Operating Revenues $520,000 $703,000 Transfers $301,709 $ -0- Total Revenues & Transfers $821,709 $703,000 Operating Expenses Personal Services $105,268 $106,537 Supplies $ 52,000 $ 10,000 Other Services $ 70,610 $ 78,360 Contractual Services $ 75,000 $395,000 Capital Outlay $ 60,000 $ 20,000 Total Operating Expenses $362,878 $609,897 Debt Service 92B Bond Payment $114,243 $ -0- 96B Bond Payment $301,709 $ -0- Total Debt Service $415,952 $ -0- Total Operating Expenses & Debt Service $778,830 $609,897 Revenues & Transfers over/(under) Expenses & Debt Service $ 42,879 $ 93,103 Adopted by the City Council of Lino Lakes this 28th day of February, 2000. ,6Cti,t_Adirleo( Ry -Chet Gaustad, CMC City Clerk John Bergeson- Mayor The motion for the adoption of the foregoing resolution was duly seconded by Dahl and upon vote being taken thereon, the following voted in favor thereof: Bergeson, Carlson, Dahl, O'Donnell The following voted against same: none Where upon said resolution was declared duly passed and adopted: SUMMARY WATER OPERATING FUND FUND 601 Actual Account Actual Actual 12/31/99 1999 2000 Increase/ Description 12/31/97 12/31/98 (Unaudited) Adopted Proposed Decrease Revenues Operating Revenues 521,774 598,006 599,918 500,000 520,000 4.00% Transfers 0 0 49,366 312,034 301,709 -3.31% Total Operating Revenues & Transfers 521,774 598,006 649,284 812,034 821,709 1.19% Expenses Personal Services 75,257 87,736 112,872 105,452 105,268 -0.17% Supplies 36,882 43,229 48,792 39,000 52,000 33.33% Other Services and Charges 76,748 71,851 87,728 61,560 70,610 14.70% Contractual Services 24,813 4,979 21,066 92,000 75,000 -18.48% Capital Outlay 53,912 30,072 75,317 33,250 60,000 80.45% Total Water Operating Expenses 267,612 237,866 345,775 331,262 362,878 9.54% Debt Service 92 B Bond Payment 108,924 111,071 109,570 108,360 114,243 5.43% 96B Bond Payment 171,500 254,105 315,965 312,034 301,709 -3.31% Total Debt Service 280,424 365,176 425,535 420,394 415,952 -1.06% Operating Transfers 0 90,000 0 0 0 Total Operating Expenses, Debt Payments & Operating Transfers 548,036 693,042 771,310 751,656 778,830 3.62% Revenues over/(under) Expenses & Operating Transfers (26,262) (95,036) (122,026) 60,378 42,879 -28.98% Note Depreciation Expense not Budgeted Depreciation -Purchased 26,527 43,443 43,443 * 43,443 * Depreciation - Contributed 137,569 126,168 126,168 * 126,168 * 43443 * 126168 * Net Income (190,358) (264,647) (291,637) (109,233) (126,732) * Estimated SUMMARY WATER OPERATING FUND FUND 601 Actual Account Actual Actual 12/31/99 1999 2000 Increase/ Description 12/31/97 12/31/98 (Unaudited) Adopted Proposed Decrease Revenues Operating Revenues 521,774 598,006 599,918 500,000 520,000 4.00% Transfers 0 0 49,366 312,034 301,709 -3.31% Total Operating Revenues & Transfers 521,774 598,006 649,284 812,034 821,709 1.19% Expenses Personal Services 75,257 87,736 112,872 105,452 105,268 -0.17% Supplies 36,882 43,229 48,792 39,000 52,000 33.33% Other Services and Charges 76,748 71,851 87,728 61,560 70,610 14.70% Contractual Services 24,813 4,979 21,066 92,000 75,000 -18.48% Capital Outlay 53,912 30,072 75,317 33,250 60,000 80.45% Total Water Operating Expenses 267,612 237,866 345,775 331,262 362,878 9.54% Debt Service 92 B Bond Payment 108,924 111,071 109,570 108,360 114,243 5.43% 96B Bond Payment 171,500 254,105 315,965 312,034 301,709 -3.31% Total Debt Service 280,424 365,176 425,535 420,394 415,952 -1.06% Operating Transfers 0 90,000 0 0 0 Total Operating Expenses, Debt Payments & Operating Transfers 548,036 693,042 771,310 751,656 778,830 3.62% Revenues over/(under) Expenses & Operating Transfers (26,262) (95,036) (122,026) 60,378 42,879 -28.98% Note Depreciation Expense not Budgeted Depreciation -Purchased 26,527 43,443 43,443 * 43,443 * Depreciation - Contributed 137,569 126,168 126,168 ' 126,168 ' Net Income * Estimated (190,358) (264,647) (291,637) 43443 ' 126168 ' (109,233) (126,732) SUMMARY SEWER OPERATING FUND FUND 602 Actual Account Actual Actual 12/31/99 1999 2000 Increase/ Description 12/31/97 12/31/98 (unaudited) Adopted Proposed Decrease Revenues Operating Revenue 646,973 744,568 780,617 643,000 703,000 9.33% Expenses Personal Services 79,131 88,419 113,212 101,991 106,537 4.46% Supplies 7,627 4,844 5,536 7,500 10,000 33.33% Other Services & Charges 92,346 57,101 36,697 75,660 78,360 3.57% Contractual Services 315,120 501,652 388,264 390,000 395,000 1.28% Capital Outlay 0 0 42,333 32,000 20,000 -37.50% Total Expenses 494,224 652,016 586,042 607,151 609,897 0.45% Operating Transfers Operating Transfers Out Total Expenses & Operating Transfers 0 90,000 0 0 0 ��• 494,224 742,016 586,042 607,151 609,897 0.5% Revenues over(under) expenses & Operating Transfers 152,749 2,552 194,575 35,849 93,103 159.71% Note Depreciation Expense not Budgeted Depreciation - Contributed 196,639 196,639 196,639 * 196,639 * 196,639 * Depreciation - Purchased 5,241 8,618 8,618 * 10,000 * 10,000 * Net Income (49,131) (202,705) (10,682) (170,790) (113,536) ' Estimated