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Councilmember introduced the following resolution and moved for its adoption: <br />RESOLUTION #21-006 <br />RESOLUTION ADOPTING THE 2021 CITY OF RAMSEY ENTERPRISE FUNDS <br />OPERATING BUDGETS <br />NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, COUNTY OF ANOKA, STATE OF MINNESOTA, as follows: <br />1) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, 2021 <br />is hereby adopted for the Water Utility Fund as follows: <br />WATER UTILITY FUND <br />Revenues: <br />Operating Revenues $21072,137 <br />Other Revenues - <br />Miscellaneous Revenues 12,000 <br />Interest Earnings 100,000 <br />Total Revenues 2 184 137 <br />Expenses: <br />Operating Expenses $110971861 <br />Other Expenses <br />Depreciation 79800 <br />Administrative Transfer 47,000 <br />Total Expenses 1 942 861 <br />2) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, 2021 <br />is hereby adopted for the Sewer Utility Fund as follows: <br />SEWER UTILITY FUND <br />Revenues: <br />Operating Revenues $1,652,000 <br />Other Revenues - <br />Miscellaneous Revenues 5,000 <br />Interest Earnings 115,000 <br />Total Revenues 1 772 000 <br />Expenses: <br />Operating Expenses K247J58 <br />Other Expenses <br />Depreciation 551,565 <br />Administrative Transfer 41,000 <br />Total Expenses 1 839 723 <br />