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<br />Councilmember introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #08-01-XXX <br /> <br />RESOLUTION ADOPTING THE 2008 CITY OF RAMSEY ENTERPRISE FUNDS <br />OPERATING BUDGETS <br /> <br />NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, COUNTY OF ANOKA, STATE OF MINNESOTA, asfollows: <br /> <br />1) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, <br />2008 is hereby adopted for the Water Utility Fund as follows: <br /> <br />WATER UTILITY FUND <br />Revenues: <br />Operating Revenues <br />Other Revenues- <br />Interest Earnings <br />Total Revenues <br /> <br />Expenses: <br />Operating Expenses <br />Other Expenses <br />Depreciation <br />Administrative Transfer <br />Total Expenses <br /> <br />$1,489,097 <br /> <br />300,000 <br />$1.789.097 <br /> <br />$642,264 <br /> <br />509,660 <br />24,000 <br />$1.175.924 <br /> <br />2) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, <br />2008 is hereby adopted for the Sewer Utility Fund as follows: <br /> <br />SEWER UTILITY FUND <br />Revenues: <br />Operating Revenues <br />Other Revenues- <br />Interest Earnings <br />Total Revenues <br /> <br />Expenses: <br />Operating Expenses <br />Other Expenses <br />Depreciation <br />Administrative Transfer <br />Total Expenses <br /> <br />-162- <br /> <br />$1,103,844 <br /> <br />100,000 <br />$1.203.844 <br /> <br />$527,085 <br /> <br />436,425 <br />17,000 <br />$1.059.149 <br />