HomeMy WebLinkAboutResolution 7052 si.ONp CITY OF ORONO
RESOLUTION OF THE CITY COUNCIL
�� �� NO. 705 2
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A RESOLUTION TO ADOPT THE
2020 ENTERPRISE FUND BUDGETS
BE IT RESOLVED, by the City Council of the City of Orono, County of
Hennepin, Minnesota that the 2020 Enterprise Fund budgets are determined to be as follows:
Estimated Revenues Water Sewer Recycling Stormwater Cable
Charges for Service $1,134,237 $1,803,429 $205,632 $661,799 $76,000
Interest Income 10,000 35,000 -- 15,000 1,000
Non-Operating -- 20,000 25,000 -- --
Total Revenues $1,144,237 $1,858,429 $230,632 $676,799 $ 77,000
Appropriated Expenditures
Operating Expenses $911,150 $1,791,200 $216,700 $373,000 $71,200
Non-Operating Expenses
Interest Expense 22,100
Debt Service 80,000
Transfer to Other Funds 55,000 110,000 -- -- --
Total Expenditures $1,068,250 $1,901,200 $216,700 $373,000 $73,700
Adopted by the City Council of the City of Orono, Minnesota at a regular meeting
held December 9, 2019.
ATTEST:
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Anna Carlson, City Clerk Dennis Walsh, Mayor