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HomeMy WebLinkAboutResolution 7439 Enterprise Fund Budgets 2024 CITY OF ORONO RESOLUTION OF THE CITY COUNCIL NO. 7439 A RESOLUTION TO ADOPT THE 2024 ENTERPRISE FUND BUDGETS BE IT RESOLVED, by the City Council of the City of Orono, County of Hennepin, Minnesota that the 2024 Enterprise Fund budgets are determined to be as follows: Estimated Revenues Water Sewer Recycling Charges for Service $1,300,000 $2,185,000 $249,900 Interest Income 25,000 40,000 -- Non-Operating 15,000 21,600 22,000 Total Revenues $1,340,000 $2,246,600 $271,900 Appropriated Expenditures Operating Expenses $1,229,900 $2,183,140 $273,500 Non-Operating Expenses Interest Expense 10,000 Debt Service 85,000 Transfer to Other Funds - - - - - - Total Expenditures $1,334,900 $2,183,140 $271,100 Estimated Revenues Stormwater Cable Golf Charges for Service $ 735,280 $70,000 $400,000 Interest Income 16,000 1,000 1,000 Non-Operating -- -- -- Total Revenues $744,000 $ 71,000 $400,000 Appropriated Expenditures Operating Expenses $482,500 $62,600 $350,000 Non-Operating Expenses Interest Expense Debt Service Transfer to Other Funds - - - - - - Total Expenditures $444,064 $62,600 $350,000 CITY OF ORONO RESOLUTION OF THE CITY COUNCIL NO. 7439 Adopted by the City Council of the City of Orono, Minnesota at a regular meeting held December 11, 2023. ATTEST: ____________________________________ ____________________________________ Christine Lusian, City Clerk Dennis Walsh, Mayor