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FINANCE COMMITTEE <br /> CITY OF RAMSEY <br /> ANOKA COUNTY <br /> STATE OF MINNESOTA <br /> <br /> The Ramsey Finance Committee conducted a regular meeting on 23, 20i <br /> the Ramsey Municipal Center, 15153 N0wthen Boulevard NW, R~ <br /> <br /> Members Present: Mayor Thomas Gamec ~ . <br /> Councdmember Susan E. An · <br /> <br /> Councilmember Patti Kurak:~>:~f '~ <br /> Councilmember Terry a ksen <br /> Councilmember Geral an <br /> <br /> Also Present: C~ty Adm~mstrator James Normaw~¢~! <br /> Finance Officer Diana Lund <br /> Human ~esources Manager Rhonda '. ~ <br /> Directo~!~. ~..~c Works/Fire Chief Dean <br /> Co~9~.ty D~¢J'0Pment D~rector Sylvia <br /> ~ohce C~f Dawd Gti~f~On .... <br /> Parks/Utd~ffms S up erv~ s ot::Ma/~k.'Boos~ :~:~;~ · <br /> <br /> CALL TO O~ER ~ ~:~¢~¢?~ ~ <br /> <br /> Chal~erson He~flnksen~Ca~ the regular ~et~ng of the France Co~ee to order at 6:40 <br /> <br /> CITIZEN INPUT ?'::7 ¢~ <br /> <br />,,~~MITTEE B~:~BESS <br /> <br /> Case ~1: ":~.;.4~ Review and AdoPt 2001 Enterprise Fund Budgets <br /> <br /> Finance Offid~..j~und prd~anted the Council with the proposed 2001 Ente~dse Fund Budgets <br /> which cover th~':;~'Water Utility Fund, Sewer Utility Fund, S~eet Light Utili~ Fund and the <br /> . . t:r'~ ...... <br /> Recychng Utfl!~ Fund. In order to estabhsh fmr rates for all of the utflmes that the <br /> '}}?>operates, ~t ~s n~cessa~ to dete~ne the actual coast of prowdmg those utilities to residents. <br /> ~%~, /~:,-::, . ,, ,, . , . .... <br /> · :?Due to ~he..relat~vely young age of the C~W s utfllW system, ~t ~s extremely &fficult to <br /> '~i~edia~iY realize profits, bm it is impo~ant that any losses in the first ye~s of operation be <br /> re~b~ni~tive of what the system actually costs. '~ impoa~t factor in these costs is the <br /> re~°?~ of depreciation t~ough the rate structures. ~e CiW is required to keep the accounting <br /> <br /> Finance Com~aee/January 23, 2001 <br /> Page 1 of 5 <br /> -89- <br /> <br /> <br />