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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 /> Revenues: <br /> O p erating Revenues <br /> Other Revenues- <br /> Interest Earnings <br /> <br />$433,452 <br /> <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 />$304,709 <br /> <br />That thc motion for the adoption of the foregoing resolution was duly seconded by <br />Councihnember Elvig, and upon vote being taken thereon, the following voted in favor: <br /> <br /> Mayor Gamec <br /> Councilmember Strommen <br /> Counci Imember Elvig <br /> Councilmember Cook <br /> Counci lmember Jeffrey <br /> Councihnember Olson <br /> Counci lmember Pearson <br /> <br />and the following voted against the same: <br /> <br /> None <br /> <br />and thc following abstained: <br /> <br /> None <br /> <br />and thc [Bllowing were absent: <br /> <br /> None <br /> <br />ResolUtion #05-01-013 <br />page 3 of 4 <br /> <br /> <br />