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Councilmember introduced the following resolution and moved for its adoption: <br />RESOLUTION #15-03-059 <br />RESOLUTION ADOPTING THE 2015 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 />2015 is hereby adopted for the Water Utility Fund as follows: <br />WATER UTILITY FUND <br />Revenues: <br />Operating Revenues $1,792,363 <br />Other Revenues - <br />Transfers In 59,527 <br />Interest Earnings 120,000 <br />Total Revenues $1,971,890 <br />Expenses: <br />Operating Expenses $654,031 <br />Other Expenses <br />Depreciation 665,123 <br />Administrative Transfer 38,000 <br />Total Expenses $1,357,154 <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 />2015 is hereby adopted for the Sewer Utility Fund as follows: <br />SEWER UTILITY FUND <br />Revenues: <br />Operating Revenues $1,365,218 <br />Other Revenues - <br />Transfers In 18,546 <br />Interest Earnings 55,000 <br />Total Revenues $1,438,764 <br />Expenses: <br />Operating Expenses $877,454 <br />Other Expenses <br />Depreciation 481,270 <br />Administrative Transfer 32,000 <br />Total Expenses $1,390,724 <br />