Agenda - Council - 03/12/2013 - Laserfiche WebLink

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Councilmember introduced the following resolution and moved for its adoption: RESOLUTION #13-02-049 RESOLUTION AMENDING THE 2012 CITY OF RAMSEY ENTERPRISE FUNDS BUDGETS WHEREAS, during the year 2012, 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, 2012; 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, 2012: WATER UTILITY FUND #601 To amend revenue activities based on budget amendments made by Council action during 2012 and actual moneys received over (under) budget from $1,907,758 to $2,302,168 for a total net increase of $394,410: Water Sales $341,208 Miscellaneous -Internal Loan Repayment -Muni Center 53,202 Net Increase in Water Utility Fund Budgeted Revenues $394,410 To amend expenditure activities based on wage contract settlements, budget amendments made by Council action during 2012 and actual moneys spent over (under) budget from $1,444,060 to $1,275,488 for a total net decrease of $168,572: Personal Services $(25,387) Supplies (meter reading system) (102,845) Other Services and Charges (40,340) Transfers 0 Depreciation 0 Net Decrease in Water Utility Fund Budgeted Expenses $(168,572) SEWER UTILITY FUND #602 To amend revenue activities based on budget amendments made by Council action during 2012 and actual moneys received over (under) budget from $1,330,713 to $1,392,889 for a total net increase of $62,176: Sewer Charges Miscellaneous Revenue $31,057 31,119