Resolution - #01-01-031 - 01/23/2001

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• Councilmember Hendriksen introduced the following resolution and moved for its adoption: RESOLUTION #01 -01 -031 RESOLUTION AMENDING THE 2000 CITY OF RAMSEY ENTERPRISE FUNDS BUDGETS WHEREAS, during the year 2000, the Ramsey City Council acted on matters impacting revenue and expenditures budgets of the City's enterprise funds for items that were not included in the original budget for the year ended December 31, 2000; and WHEREAS, for financial reporting purposes, amendments to the City's enterprise funds budgets are to be made in the form of a Budget Amendment Resolution; and WHEREAS, the following budget amendments are required to confirm Council's actions taken by motion and /or discussion and to reflect actual activity for the year ended December 31, 2000: WATER UTILITY FUND #601 To amend revenue activities based on budget amendments made by Council action during 2000 and actual moneys received over (under) budget from $591,615 to $606,025 for a total net increase of $14,410: Water Sales Investment Earnings Net Decrease in Water Utility Fund Budgeted Revenues $ 29,410 (15,000) ( $ 14,410 To amend expenditure activities based on wage contract settlements, budget amendments made by Council action during 2000 and actual moneys spent over (under) budget from $426,761 to $428,630 for a total net increase of $1,869: Personal Services $ (3,912) Supplies 7,000 Other Services and Charges 29,557 Depreciation (30,776) Net Increase in Water Utility Fund Budgeted Expenses $ 1,869 SEWER UTILITY FUND #602 To amend revenue activities based on budget amendments made by Council action during 2000 and actual moneys received over (under) budget from $602,098 to $535,000 for a total net decrease of $67,098: Sewer Charges Interest Earned on Investments Net Decrease in Sewer Utility Fund Budgeted Revenues $ (59,898) (7,200) $ (67,098)