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3) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, 2020 <br />is hereby adopted for the Street Light Utility Fund as follows: <br />STREET LIGHT UTILITY FUND <br />Revenues: <br />Operating Revenues <br />Other Revenues - <br />Interest Earnings <br />Total Revenues <br />$213,445 <br />15,000 <br />$228,445 <br />Expenses: <br />Operating Expenses $139,300 <br />Other Expenses <br />Depreciation 48,801 <br />Administrative Transfer 22,000 <br />Total Expenses $210,101 <br />4) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, 2020 <br />is hereby adopted for the Recycling Utility Fund as follows: <br />RECYCLING UTILITY FUND <br />Revenues: <br />Operating Revenues $394,666 <br />Other Revenues - <br />Miscellaneous Revenue 0 <br />Interest Earnings 3,500 <br />Total Revenues $398,166 <br />Expenses: <br />Operating Expenses $395,235 <br />Other Expenses <br />Administrative Transfer 0 <br />Total Expenses $395,235 <br />Resolution #20-014 <br />Page 2 of 3 <br />