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5) <br /> <br />That the annual budget of the City of Ramsey for the fiscal year beginning January 1, <br />2005 is hereby adopted for the Storm Water Utility Fund as follows: <br /> <br />STORM WATER UTILITY FUND <br /> <br />Revenues: <br /> Operating Revenues i <br /> Other Revenues- <br /> Interest Earnings <br /> <br />$433,452 <br /> 1,000 <br /> <br />Total Revenues <br /> <br />Expenses: <br /> Operating Expenses <br /> Other Expenses <br /> Depreciation <br /> Administrative Transfer <br /> Total Expenses <br /> <br />$434,452 <br /> <br />$148,405 <br /> <br /> 147,304 <br /> 9,000 <br />$304,7O9 <br /> <br />That thc motion for the adoption of :the foregoing resolution was duly seconded <br />Councihnember, and upon vote being taken!thereon, the following voted in favor: <br /> <br />and the fbllowing voted against the same: <br />and the following abstained: <br />and the following were absent: <br /> <br />by <br /> <br />whereupon said resolution was declared duly passed and adopted by the Ramsey City Council <br />this 1 lth of January, 2005. <br /> <br />ATTEST: <br /> <br />Mayor <br /> <br />City Clerk <br /> <br />Resolution #05-01-XXX <br /> page 3 of 4 <br /> <br /> <br />