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Item Description: Approval of 1999 Budget <br />Page 2 <br />Each year approximately $6,000 is budgeted for lake water quality testing by Ramsey County. Ramsey <br />County continues to provide this service, but is behind in its billings. ***Terry Noonan confirms that <br />GLWMO will be billed for. this service in 1998, but will not be billed retro-actively to the previous <br />years. <br />The General City Support item is for Shoreview's staff time and expenses used to prepare agendas, attend <br />meetings, and accomplish routine business associated with the GWLMO. Staff time for 1998 has not yet <br />been finalized, but is estimated to be $5,000-$5,500. <br />The proposed 1999 GLWMO Budget consists o£ <br />General Operating Budget $18,500 <br />2"~ Generation P1anDevelopment 80 000 <br />TOTAL: $98,500 <br />As of October 8, 1998, the cash balance in the GLWMO is $75,777. Of this amount, approximately <br />$16,000 is encumbered to pay operating and project expenses through 1998. As such, the available cash <br />reserve for 1999 is approximately $60,000. Accordingly, based on the preliminary GLWMO 1999 Budget <br />and the available cash reserve, it appears that the cities of Shoreview and Roseville will be required to <br />contribute $19,250 each for GLWMO's 1999 operation. <br />RECOMMENDED BOARD ACTION: <br />A motion to approve the 1999 GLWMO Budget of $98,500. <br />MOVE: <br />SECOND: <br />AYES: <br />NAYS: <br />