Resolution - #95-12-271 - 12/12/1995

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Councilmember Zimmerman introduced the following resolution and moved for its adoption: RESOLUTION #95-12-271 RESOLUTION ADOPTING THE 1995 CITY OF RAMSEY ENTERPRISE FUNDS OPERATING BUDGETS NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RAMSEY, COUNTY OF ANOKA, STATE OF MINNESOTA, as follows: 1) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, 1996 is hereby adopted for the Water Utility Fund as follows:: WATER UTILITY FUND Revenues: Operating Revenues $179,166 Other Revenues- Interest Earnings 40,000 Miscellaneous 50 Total Revenues $219,216 Expenses: Operating Expenses $100,890 Other Expenses Depreciation 94,832 Administrative Transfer 6,000 Total Expenses $201,730 2) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, 1996 is hereby adopted for the Sewer Utility Fund as follows: SEWER UTILITY FUND Revenues: Operating Revenues Other Revenues- Interest Earnings Total Revenues $256,600 9,500 $266,100 Expenses: Operating Expenses $155,200 Other Expenses Depreciation 95,439 Administrative Transfer 3,000 Total Expenses $253,639 3) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, 1996 is hereby adopted for the Street Light Utility Fund as follows: STREET LIGHT UTILITY FUND Revenues: Operating Revenues $44,380