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Councilmember introduced the following resolution and moved for its adoption: <br />RESOLUTION #15-03-058 <br />RESOLUTION AMENDING THE 2014 CITY OF RAMSEY ENTERPRISE FUNDS <br />BUDGETS <br />WHEREAS, during the year 2014, the Ramsey City Council acted on matters impacting <br />revenue and expenditures budgets of the City's enterprise funds for items that were not included <br />in the original budget for the year ended December 31, 2014; and <br />WHEREAS, for financial reporting purposes, amendments to the City's enterprise funds <br />budgets are to be made in the form of a Budget Amendment Resolution; and <br />WHEREAS, the following budget amendments are required to confirm Council's actions <br />taken by motion and/or discussion and to reflect actual activity for the year ended December 31, <br />2014: <br />WATER UTILITY FUND #601 <br />To amend revenue activities based on budget amendments made by Council action during 2014 <br />and actual moneys received over (under) budget from $2,097,922 to $2,318,942 for a total net <br />increase of $221,020: <br />Interest Earnings $354,707 <br />Water Sales (151,434) <br />Miscellaneous -Internal Loan Repayment -Muni Center 17,747 <br />Net Increase in Water Utility Fund Budgeted Revenues $221,020 <br />To amend expenditure activities based on wage contract settlements, budget amendments made <br />by Council action during 2014 and actual moneys spent over (under) budget from $1,367,295 to <br />$1,279,496 for a total net decrease of $87,799: <br />Personal Services $17,217 <br />Supplies (50,098) <br />Other Services and Charges (54,918) <br />Transfers 0 <br />Depreciation (0) <br />Net Decrease in Water Utility Fund Budgeted Expenses $(87,799) <br />SEWER UTILITY FUND #602 <br />To amend revenue activities based on budget amendments made by Council action during 2014 <br />and actual moneys received over (under) budget from $1,356,606 to $1,660,933 for a total net <br />increase of $304,327: <br />