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Councilmember introduced the following resolution and moved for its adoption: <br />RESOLUTION #14-03-049 <br />RESOLUTION ADOPTING THE 2014 CITY OF RAMSEY <br />OPERATING BUDGETS <br />NOW THEREFORE BE IT RESOLVED BY THE CITY COUN <br />RAMSEY, COUNTY OF ANOKA, STATE OF MINNESOTA, as <br />1) That the annual budget of the City of Ramsey for the fiscal <br />2014 is hereby adopted for the Water Utility Fund as follows: <br />WATER UTILITY FUND <br />Revenues: <br />Operating Revenues $1,918,395 <br />Other Revenues - <br />Transfers In 59,527 <br />Interest Earnings 120,000 <br />Total Revenues $2,097,922 <br />Expenses: <br />Operating Expenses $684,545 <br />Other Expenses <br />Depreciation 645,750 <br />Administrative Transfer 37,000 <br />Total Expenses $1,367,295 <br />ENTERPRISE FUNDS <br />CIL OF THE CITY OF <br />follows: <br />year beginning January 1, <br />2) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, <br />2014 is hereby adopted for the Sewer Utility Fund as follows: <br />SEWER UTILITY FUND <br />Revenues: <br />Operating Revenues $1,303,060 <br />Other Revenues - <br />Transfers In 18,546 <br />Interest Earnings 35,000 <br />Total Revenues $1,356,606 <br />Expenses: <br />Operating Expenses $854,401 <br />Other Expenses <br />Depreciation 467,250 <br />Administrative Transfer 31,000 <br />Total Expenses $1,352,651 <br />