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3) <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 Street Light Utility Fund as follows: <br /> <br />STREET LIGHT UTILITY FUND <br /> Revenues: <br /> Operating Revenues $ 41,155 <br /> Other Revenues- <br /> Interest Earnings 4.500 <br /> Total Revenues $ 45,655 <br /> <br />Expenses: <br /> Operating Expenses $ 20,480 <br /> Other Expenses <br /> Depreciation 7,856 <br /> Administrative Transfer 1.500 <br /> Total Expenses $ 29,836 <br /> <br />4) <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 Recycling Utility Fund as follows: <br /> <br />REi~](I~LING UTILITY FUND <br /> Revenues: <br /> Operating Revenues <br /> Other Revenues- <br /> Interest Earnings <br /> Total Revenues <br /> <br />$103,095 <br /> <br /> 3.000 <br />$106,095 <br /> <br />Expenses: <br /> Operating Expenses $101,476 <br /> Other Expenses <br /> Administrative Transfer 1,000 <br /> Total Expenses $102,476 <br /> <br />That the motion for the adoption of the foregoing resolution was duly seconded by Councilmember <br />Peterson, and upon vote being taken thereon, the following voted in favor: <br /> <br />Mayor Hardin <br />Councilmember Beahen <br />Councilmember Peterson <br />Councilmember Beyer <br />Councilmember Zimmerman <br /> <br />and the following voted against the same: <br /> <br />None <br /> <br />and the following abstained: <br /> <br />None <br /> <br />RESOLUTION 6'96-12-349 <br /> Page 2 of 3 <br /> <br /> <br />