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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 /> <br />STREET LIGHT UTILITY FUND <br /> <br /> Revenues: <br /> Operating Revenues $213,445 <br /> Other Revenues- <br /> Interest Earnings 15,000 <br />Total Revenues$228,445 <br /> <br /> <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 /> <br /> <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 /> <br />RECYCLING UTILITY FUND <br /> <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 /> <br /> <br /> Expenses: <br /> Operating Expenses $395,235 <br /> Other Expenses <br /> Administrative Transfer 0 <br />Total Expenses$395,235 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />Resolution #20-014 <br />Page 2 of 4 <br /> <br />