|
in 1985. You will receive a copy of the auditor's report on the
<br />WATER OPERATING PUNn- The 1985 proposed budget is 56,665 over 1g84, an
<br />projection of the special asses^ment funds in a separate memo.
<br />increase of 5.3%. Personal services are down $599 due to a shift of
<br />salaries from water operating to the sewer operating department. The
<br />supplies budge` is up $732, utilities are up $2,800,and maintenance is
<br />OPERATING FUNDS -The city has four enterprise funds for whi,:i budgets
<br />down $2, 130. Water purchased from Lonv Lake and Wayzata is up $16,625
<br />are prepared --Liquor Store Operating, Water Operating, Sewer
<br />due to rate increases in late 1983 after the1994 budget was set. These
<br />Operating, and Golf Course operating. Each of these funds is,
<br />increases were reflected in out rate adjustments to out customers
<br />ideally, to be self supporting from the various reveries each fund
<br />served by these cities in early 1984. Insurance expense is up $1,726;
<br />generates.
<br />capital outlay is down $3,959; and principal and interest payments or.
<br />loans from the sever operating fund are down $2,262. The water
<br />LIQUOR OPERATING - Th 15 budget request is $5,124 o-er 1984, an
<br />operating capital outlay requests are for a water testing kit $1,799,
<br />increase of 4.2%. The -.,creases are In personal services, ip $4,448;
<br />and for four dehumidifiers S1,05e. The loan payments are for the 1982
<br />printing and advertising, up $409; building rantal, un $699;
<br />loan from the sewer operation to paint the interior and exterior of the
<br />maintenance and repairs, up $359; data processing, up $169; and
<br />water tower in Navarre. The water tower painting loan runs through
<br />capital outlay, up$3,200. These increases are offset by decreases in
<br />1992 it an annual interest rate of 10%.
<br />supplies, down $559; and insurances, down S3,455. The capital outlay
<br />requests for 1995 are for a new outdoor sign $1,900, additional
<br />The water operation showed a profit of $2,560 in 1983, a profit
<br />shelving $1,004, and a new cash register $3,000. Both cash registers
<br />(restated) of approximately $3,998 in 1902, and a profit (rest.,ted) of
<br />need to be replaced - one does not have parts available. One will be
<br />approximately $4,300 in ;)81. The city increased water utility rates
<br />replaced in 1985 and one in 1986.
<br />51 in 1984 and in 1983. At this time it does not appear that a rate
<br />increase will be necessary in 1985. However, wip will review the
<br />Before transfers to the General Fund, net income from the liquor
<br />situation at the end of the year before making a final determination.
<br />operation was $21,203 in 1983, $32,961 in 1992, and $57,168 in 1981.
<br />Transfers to support the General Fund were $39,094 in 1983, S40,000 in
<br />SEWER OPERATING FUND - The 1985 proposed budget is down $29,561, a
<br />1982, and $41,002 in 1981. For 1984 and 1995the anticipated transfer
<br />decrease of 9.31. There are increases in personal services, up $7, 392
<br />to the iral Fund is $30,499 each year.
<br />due to the shift of salaries from the water operation; supplies are up
<br />54,5; utilities are up S3,294, including the increase for the garage
<br />-11-
<br />
|