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<br />5) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, <br />2010 is hereby adopted for the Storm Water Utility Fund as follows: <br /> <br />STORM WATER UTILITY FUND <br />Revenues: <br />Operating Revenues <br />Other Revenues- <br />Interest Earnings <br /> <br />$606,184 <br /> <br />8,000 <br /> <br />Total Revenues <br /> <br />$614.184 <br /> <br />Expenses: <br />Operating Expenses <br />Other Expenses <br />Depreciation <br />Administrative Transfer <br />. Total Expenses <br /> <br />$144,293 <br /> <br />229,776 <br />21.000 <br />$395.069 <br /> <br />That the motion for the adoption of the foregoing resolution was duly seconded by <br />Councilmember Elvig and upon vote being taken thereon, the following voted in favor: <br /> <br />Mayor Ramsey <br />Councilmember Jeffrey <br />Councilmember Elvig <br />Councilmember Dehen <br />Councilmember Look <br />Councilmember McGlone <br />Councilmember Wise <br /> <br />the following voted against the same: <br /> <br />None <br /> <br />and the following abstained: <br /> <br />None <br /> <br />and the following were absent: <br /> <br />None <br /> <br />whereupoIl said resolution was declared duly passed and adopted by the Ramsey City Council <br />this 26th of January, 2010. <br /> <br />Resolution #10-01-026 <br />Page 3 of 4 <br />