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Councilmember Tossey introduced the following resolution and moved for its adoption: RESOLUTION #12 -02 -019 RESOLUTION AMENDING THE 2011 CITY OF RAMSEY ENTERPRISE FUNDS BUDGETS WHEREAS, during the year 2011, 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, 2011; 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, 2011: WATER UTILITY FUND #601 To amend revenue activities based on budget amendments made by Council action during 2011 and actual moneys received over (under) budget from $1,860,075 to $2,003,019 for a total net increase of $142,944: Water Sales $62,406 Miscellaneous - Internal Loan Repayment -Muni Center 80,538 Net Increase in Water Utility Fund Budgeted Revenues $142,944 To amend expenditure activities based on wage contract settlements, budget amendments made by Council action during 2011 and actual moneys spent over (under) budget from $1,484,255 to $2,353,020 for a total net increase of $868,765: Personal Services $47,109 Supplies (meter reading system) (128,112) Other Services and Charges 30,784 Transfer -Muni Center 1,000,000 Depreciation (81,016) Net Increase in Water Utility Fund Budgeted Expenses $868,765 SEWER UTILITY FUND #602 To amend revenue activities based on budget amendments made by Council action during 2011 and actual moneys received over (under) budget from $1,324,830 to $1,396,047 for a total net increase of $71,217: Sewer Charges Miscellaneous Revenue $71,020 197