HomeMy WebLinkAbout2019-091Rull " I k U-1 U101
L01K.1 i PIM N201 bw MIMI
RESOLUTION ADOPTING 2020 WATER, SEWER AND STORM WATER FUND
BUDGETS
WHEREAS, The City of Lake Elmo is to approve a resolution setting forth an annual
budget for the Water, Sewer and Storm Water Funds; and
WHEREAS, the City Council has received the budget document;
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Lake Elmo,
that the 2020 Water, Sewer and Stonn Water Fund Budgets shall be as follows:
2020
2020
2020
Water
Sewer
Storm
Fund Revenues:
Charges for Services
$ 1,149,997
$ 307,500
$391,793
Connections
1,120,000
1,220,000
-
Special Assessments
21,776
137,250
Miscellaneous
95,000
-
-
Interest on Investments
60,000
40,000
25,000
Total Fund Revenues
$2,446,773
$1,704,750
$416,793
Fund Expenses:
Personnel
$ 271,607
$ 146,566
$ 89,352
Materials and Supplies
196,650
41,680
9,635
Charges and Services
282,980
363,413
104,976
Capital Outlay
545,000
210,000
0
Miscellaneous
1,180,370
655,516
264,650
Total Fund Expenses
$2,476,607
$1,417,175
$468,618
ADOPTED,, by the Lake Elmo City Council on the 17'h day,qfDe�mber, 2019.
Mike- - rson
Mayor
'E T:
Z
To
City Clerk