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3) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, <br />2016 is hereby adopted for the Street Light Utility Fund as follows: <br />STREET LIGHT UTILITY FUND <br />Revenues: <br />Operating Revenues <br />Other Revenues - <br />Interest Earnings <br />Total Revenues <br />$193,900 <br />15,000 <br />$208,900 <br />Expenses: <br />Operating Expenses $142,000 <br />Other Expenses <br />Depreciation 42,000 <br />Administrative Transfer 18,000 <br />Total Expenses $202,000 <br />4) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, <br />2016 is hereby adopted for the Recycling Utility Fund as follows: <br />RECYCLING UTILITY FUND <br />Revenues: <br />Operating Revenues $351,000 <br />Other Revenues - <br />Miscellaneous Revenue 0 <br />Interest Earnings 5,000 <br />Total Revenues $356,000 <br />Expenses: <br />Operating Expenses $339,883 <br />Other Expenses <br />Administrative Transfer 10,500 <br />Total Expenses $350,383 <br />Resolution #16-03-044 <br />Page 2 of 3 <br />