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,~ t ' Councilmember ~ introduced the following resolution and moved for its adoption: RESOLUTION RESOLUTION ADOP~I'ING THE 1994 CITY OF RAMSEY ENTERPRISE FUNDS OPERATING BUDGETS NOW TI-IEREFORE, BEFIT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, COUNTY OF ANOKA, STATE OF M~[NNESOTA, as follows: 1) That the annual ibudget of the City of Ramsey for the fiscal year beginning January 1, 1994 is hereby adopted ~or the Water Utility Fund as follows: 601 WA'~'ER UTILITY FUND 2) Revenue[s: Operating Revenues OtHer Revenues: Interest Earned on ~ Miscellaneous Expense!~: Op{rating Expenses Otb;er Expenses: ! Depreciation Administrative Investments 116,100 28,000 5O $ 144T150 67,156 $ 84,204 4,000 $ 155,360 for the fiscal year beginning January 1, 1994 is as follows: Transfer 158,800 That the annual ~budget of the City of Ramsey hereby adopted f~or the Sewer Utility Fund 602 SE?'~ UTILITY FUND Revenue: Operating Revenues Oth~.' r Revenues: ! Interest Earned on Investments Expensel: Operating Expenses O~t~er Expenses: ! Depreciation i Administrative Transfer 7.500 $ 166~300 $ 83,947 78,640 1.000 $ 163.587 3) That the annual ~udget of the City of Ramsey for the fiscal year beginning hereby adopted for the Street Light Utility Fund as follows: 603 STREET LIGHT UTILITY FUND RevenueR: Op{rating Revenues $ 18,798 Other Revenues: ~ Interest Earned on Investments 3,000 Expense~: Ope~rating Expenses Othier Expenses: ? Depreciation Administrative Transfer January 1, 1994 is $ 21.798 10,650 1.525 5OO 12,675