Resolution - #98-12-311 - 12/15/1998

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Councilmember Beahen introduced the following resolution and moved for its adoption: RESOLUTION #98-12-311 RESOLUTION ADOPTING THE 1999 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, 1999 is hereby adopted for the Water Utility Fund as follows: WATER UTILITY FUND Revenues: Operating Revenues Other Revenues- Interest Earnings Miscellaneous Total Revenues $452,338 125,000 150 $577.488 Expenses: Operating Expenses Other Expenses Depreciation Administrative Transfer Total Expenses $211,971 201,742 9,000 $422,713 2) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, 1999 is hereby adopted for the Sewer Utility Fund as follows: SEWER UTILITY FUND Revenues: Operating Revenues Other Revenues- Interest Earnings Total Revenues $490,495 47,200 $537,695 Expenses: Operating Expenses Other Expenses Depreciation Administrative Transfer Total Expenses $351,589 172,000 6,000 $529,589