HomeMy WebLinkAboutResolution 6921 g"��O CITY OF ORONO
RESOLUTION OF THE CITY COUNCIL
�� �,�" No. 6 9 2 1
�`�kESH�R�
A RESOLUTION TO ADOPT THE
2019 ENTERPRISE FUND BUDGETS
BE IT RESOLVED, by the City Council of the City of Orono, County of
Hennepin, Minnesota that the 2019 Enterprise Fund budgets are determined to be as follows:
Estimated Revenues Water Sewer Recycling Stormwater Cable
Charges for Service $ 671,550 $1,372,010 $110,290 $281,160 $76,000
Interest Income 10,000 35,000 -- 15,000 1,000
Non-Operating -- 20,000 29,500 -- --
Total Revenues 681 550 1 427 O10 139 790 296,160 77 000
Appropriated Expenditures
Operating Expenses $852,670 $1,624,175 $134,530 $356,810 $67,030
Non-Operating Expenses
Interest Expense 22,040
Debt Service 80,000
Transfer to Other Funds 55,000 110,000 -- -- --
Total Expenditures 1 009 710 1 558 711 130 150 199 564 61 515
Adopted by the City Council of the City of Orono, Minnesota at a regular meeting
held December 10, 2018.
ATTEST:
Anna Carlson, City Clerk Dennis Walsh, Mayor