Resolution - #97-12-343 - 12/09/1997

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Councihnember Beahen introduced the following resolution and moved for its adoption: RESOLUTION #97-12-343 RESOLUTION ADOPTING THE 1998 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, 1998 is hereby adopted for the Water Utility Fund as follows: WATER UTILITY FUND Revenues: Operating Revenues Other Revenues- Interest Earnings Miscellaneous Total Revenues $375,888 90,000 150 Expenses: Operating Expenses Other Expenses Depreciation Administrative Transfer Total Expenses $198,306 160,000 8,000 $366,306 2) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, 1998 is hereby adopted for the Sewer Utility Fund as follows: SEWER UTILITY FUND Revenues: Operating Revenues Other Revenues- Interest Earnings Total Revenues $416,676 47,200 Expenses: Operating Expenses Other Expenses Depreciation Administrative Transfer Total Expenses $284,329 163,000 5,000