HomeMy WebLinkAbout2021.04.05 RESO 2021-24 Pro Forma Financial Guide for S & WRESOLUTION 2021- 24
RESOLUTION ADOPTING A PRO FORMA FINANCIAL GUIDE FOR WATER
AND SANITARY SEWER OPERATIONS FOR THE 2021 FISCAL YEAR AND
ESTABLISHING SERVICE RATES
WHEREAS, the Finance Department has developed a pro forma financial guide for
water and sanitary sewer operations for the 2021 fiscal year; and
WHEREAS, it is necessary to provide adequate revenue for water and sanitary sewer
operations as contained in the pro forma financial guide; and
WHEREAS, the water and sanitary sewer service rates recommended herein reflect
the true and actual expenses incurred by the city for the services being provided.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of
Hugo, Minnesota, as follows:
1. The pro forma financial guide for water and sanitary sewer operations for the
2021 fiscal year, attached hereto and made a part of this resolution, is hereby
approved.
2. The water and sanitary sewer service rates for the 2020 fiscal year shall remain in
effect until altered by resolution of the City Council or until otherwise altered by
law.
3. The Finance Department is hereby directed to develop a pro forma financial guide
and recommended service rates on an annual basis going forward.
Upon roll call, the following Members voting AYE: Haas, Klein, Miron, Petryk, Weidt
Upon roll call, the following Members voting NAY: None
Whereupon said resolution was declared passed and adopted this 5 h day of April, 2021.
Tom Weidt, Mayor........................__....m...........
ATTST
Mic ele Lindau, City Clerk