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Agenda - Council - 01/09/2018
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Agenda - Council - 01/09/2018
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3/17/2025 2:43:04 PM
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1/10/2018 12:07:03 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
01/09/2018
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Councilmember introduced the following resolution and moved for its adoption: <br />RESOLUTION #18-014 <br />RESOLUTION ADOPTING THE 2018 CITY OF RAMSEY ENTERPRISE FUNDS <br />OPERATING BUDGETS <br />NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, COUNTY OF ANOKA, STATE OF MINNESOTA, as follows: <br />1) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, <br />2018 is hereby adopted for the Water Utility Fund as follows: <br />WATER UTILITY FUND <br />Revenues: <br />Operating Revenues $1,844,692 <br />Other Revenues - <br />Miscellaneous Revenues 62,000 <br />Interest Earnings 120,000 <br />Total Revenues $2,026,692 <br />Expenses: <br />Operating Expenses $997,046 <br />Other Expenses <br />Depreciation 750,000 <br />Administrative Transfer 41,000 <br />Total Expenses $1,788,046 <br />2) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, <br />2018 is hereby adopted for the Sewer Utility Fund as follows: <br />SEWER UTILITY FUND <br />Revenues: <br />Operating Revenues $1,572,827 <br />Other Revenues - <br />Miscellaneous Revenues 5,000 <br />Interest Earnings 80,000 <br />Total Revenues $1,657,827 <br />Expenses: <br />Operating Expenses $1,128,096 <br />Other Expenses <br />Depreciation 510,000 <br />Administrative Transfer 35,000 <br />Total Expenses $1,673,096 <br />
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