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Councilmember Hendriksen introduced the following resolution and moved for its adoption: <br />RESOLUTION #01 -01 -030 <br />RESOLUTION ADOPTING THE 2001 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 />2001 is hereby adopted for the Water Utility Fund as follows: <br />WATER UTILITY FUND <br />Revenues: <br />Operating Revenues $489,168 <br />Other Revenues - <br />Interest Earnings 120,000 <br />Total Revenues $609,168 <br />Expenses: <br />Operating Expenses $251,023 <br />Other Expenses <br />Depreciation 227,713 <br />Administrative Transfer 12,000 <br />Total Expenses $490,736, <br />2) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, <br />2001 is hereby adopted for the Sewer Utility Fund as follows: <br />SEWER UTILITY FUND <br />Revenues: <br />Operating Revenues $554,560 <br />Other Revenues - <br />Interest Earnings 40,000 <br />Total Revenues $594,560 <br />Expenses: <br />Operating Expenses $347,509 <br />Other Expenses <br />Depreciation 188,000 <br />Administrative Transfer 8,000 <br />Total Expenses $543,509, <br />411 3) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, <br />2001 is hereby adopted for the Street Light Utility Fund as follows: <br />