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Councilmember Beahen introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #96-12-349 <br /> <br />RESOLUTION ADOPTING THE 1997 CITY OF RAMSEY ENTERPRISE FUNDS <br />OPERATING BUDGETS <br /> <br />NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY <br />OF RAMSEY, COUNTY OF ANOKA, STATE OF MINNESOTA, as follows: <br /> <br />1) <br /> <br />That the annual budget of the City of Ramsey for the fiscal year beginning January 1, 1997 <br />is hereby adopted for the Water Utility Fund as follows: <br /> <br />WATER UTILITY FUND <br /> Revenues: <br /> Operating Revenues $347,183 <br /> Other Revenues- <br /> Interest Earnings 60,000 <br /> Miscellaneous 50 <br /> Total Revenues $407,233 <br /> <br />Expenses: <br /> Operating Expenses $165,357 <br /> Other Expenses <br /> Depreciation 147,314 <br /> Administrative Transfer 7,000 <br /> Total Expenses $319,671 <br /> <br />2) <br /> <br />That the annual budget of the City of Ramsey for the fiscal year beginning January 1, 1997 <br />is hereby adopted for the Sewer Utility Fund as follows: <br /> <br />SEWER UTILITY FUND <br /> Revenues: <br /> Operating Revenues $321,246 <br /> Other Revenues- <br /> Interest Earnings 20,500 <br /> Total Revenues $381,246 <br /> <br />Expenses: <br /> <br />Operating Expenses $175,096 <br />Other Expenses <br /> Depreciation 149,954 <br /> Administrative Transfer 4,000 <br />Total Expenses $329,050 <br /> <br /> <br />