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<br />5) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, <br />2009 is hereby adopted for the Storm Wat€r Utility Fund as follows: <br /> <br />STORM WATER UTILITY FUND <br />Revenues: <br />Operating Revenues <br />Other Revenues- <br />Interest .Earnings <br /> <br />$588,671 <br /> <br />10,000 <br /> <br />Total Revenues <br /> <br />$598.671 <br /> <br />Expenses: <br />Operating Expenses <br />Other Expenses <br />Depreciation <br />Administrative Transfer <br />Total Expenses <br /> <br />$148,923 <br /> <br />. 240,314 <br />19,000 <br />$408.237 <br /> <br />That the motion for the adoption of the foregoing resolution was duly seconded by <br />Councilmember and upon vote being taken thereon, the following voted in favor: and <br /> <br />the following voted against the same: <br /> <br />and the following abstained: <br /> <br />and the following were absent: <br /> <br />Resolution #08-01-008 <br />Page 3 of 4 <br /> <br />-125- <br />