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HomeMy WebLinkAboutResolution 2023-100 Adopting 2024 Final Enterprise Fund BudgetsCity of Corcoran County of Hennepin State of Minnesota RESOLUTION NO. 2023�100 Motion By: Nichols Seconded By: Vehrenkamp December 18, 2023 A RESOLUTION ADOPTING FINAL 2024 ENTERPRISE FUNDS BUDGET WHEREAS, Water, Sanit and it is the policy of the Corcoran City Council to prepare and adopt budgets for the ary Sewer, Stormwater, and Street Light Funds, also known as Enterprise Funds; NOW, THEREFORE BE IT RESOLVED, by the City of Corcoran, that the City Council hereby adopts the 2024 budgets for the Water, Sanitary Sewer, Stormwater, and Street Light Funds, also known as Enterprise Funds with the following revenues and expenditures: Water Fund Sewer Fund Stormwater Streetlight Revenue $ 3,321,200 $ 1,648,350 $ 10,000 $ 0 Expenditures $ 3,073,012 $ 1,156,088 $ $ 1,000 Net Income $ 248,188 $ 492,300 $ 10,000 $(1,000) VOTING AYE � McKee, Tom ® Bottema, Jon ® Nichols, Jeremy ® Schultz, Alan ® Vehrenkamp, Dean VOTING NAY ❑ McKee, Tom ❑ Bottema, Jon ❑ Nichols, Jeremy ❑ Schultz, Alan ❑ Vehrenkamp, Dean Whereupon, said Resolution is hereby declared adopted on this 18th day of December, 2023. ATTEST: ,��,�' ��ii� Michele Friedrich —City Clerk Tom McKee -Mayo r City Seal Page 1 of 1