Agenda - Council - 02/08/2011 - Laserfiche WebLink

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Councilmember introduced the following resolution and moved for its adoption: RESOLUTION #11- 02 -XXX RESOLUTION AMENDING THE 2010 CITY OF RAMSEY ENTERPRISE FUNDS BUDGETS WHEREAS, during the year 2010, the Ramsey City Council acted on matters impacting revenue and expenditures budgets of the City' s enterprise funds for items that were not included in the original budget for the year ended December 31, 2010; and WHEREAS, for financial reporting purposes, amendments to the City's enterprise funds budgets are to be made in the form of a Budget Amendment Resolution; and WHEREAS, the following budget amendments are required to confirm Council's actions taken by motion and /or discussion and to reflect actual activity for the year ended December 31, 2010: WATER UTILITY FUND #601 To amend revenue activities based on budget amendments made by Council action during 2010 and actual moneys received over (under) budget from $1,911,226 to $1,901,882 for a total net decrease of $9,344: Water Sales $(12,489) Miscellaneous - Internal Loan Repayment -Muni Center 3,145 Net Decrease in Water Utility Fund Budgeted Revenues $(9,344) To amend expenditure activities based on wage contract settlements, budget amendments made by Council action during 2010 and actual moneys spent over (under) budget from $1,481,910 to $1,392,009 for a total net decrease of $89,901: Personal Services $12,886 Supplies (meter reading system) (36,160) Other Services and Charges (19,627) Depreciation (47,000) Net Decrease in Water Utility Fund Budgeted Expenses $(89,901) SEWER UTILITY FUND #602 To amend revenue activities based on budget amendments made by Council action during 2010 and actual moneys received over (under) budget from $1,373,761 to $1,372,897 for a total net decrease of $864: Sewer Charges $29,379 Miscellaneous Revenue (30,243) Net Decrease in Sewer Utility Fund Budgeted Revenues 864