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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 tl~e Storm Water Utility Fund as follows: <br /> <br />STORM WATER UTILITY FUND <br /> <br />RevenUes: · <br /> :Operating Revenues <br /> Other Revenues- <br /> Interest Earnings <br /> <br />$433,452 <br /> <br /> 1,000 <br /> <br />Total Revenues <br /> <br />$434,452 <br /> <br />Expenses: <br /> Operating Expenses <br /> Other ExpenSes <br /> Depreciation <br /> Administrative Transfer <br /> Total Expenses <br /> <br />$148,405 <br /> <br /> 147,304 <br /> 9,000 <br />$304,709 <br /> <br />That the motion for the adoption' of the foregoing resolution was duly <br />Councilmember, and.upon votebeing taken thereon, the following.voted in favor: <br /> <br />seconded by <br /> <br />and the following voted against, the same: <br /> <br />and the following abstained: <br /> <br />and the following were absent: <br /> <br />whereupon said resolution was declared dulY passed'and adopted by the Ramsey City Council <br />this 1 l th of January, 2005. <br /> <br />ATTEST: <br /> <br />Mayor <br /> <br />City Clerk <br /> <br />ReSolution #05-O1-XXX <br /> · page 3 of 4 <br /> <br />-'-233- <br /> <br /> <br />