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Resolution - #98-12-312 - 12/15/1998
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Resolution - #98-12-312 - 12/15/1998
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Resolutions & Ordinances
Resolutions or Ordinances
Resolutions
Resolution or Ordinance Number
#98-12-312
Document Date
12/15/1998
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Councilmember Beahen introduced the following resolution and moved for its adoption: <br /> <br />RESOLUTION #98-12-312 <br /> <br />RESOLUTION AMENDING THE 1998 CITY OF RAMSEY ENTERPRISE <br />FUNDS BUDGETS <br /> <br /> WHEREAS, during the year 1998, the Ramsey City Council acted on matters <br />impacting revenue and expenditures budgets of the City's enterprise funds for items that <br />were not included in the original budget for the year ended December 31, 1998; and <br /> <br /> WHEREAS, for financial reporting purposes, amendments to the City's <br />enterprise funds budgets are to be made in the form of a Budget Amendment Resolution; <br />and <br /> <br /> WHEREAS, the following budget amendments are required to confirm Council's <br />actions taken by motion and/or discussion and to reflect actual activity for the year ended <br />December 31, 1998: <br /> <br />WATER UTILITY FUND #601 <br />To amend revenue activities based on budget amendments made by Council action during <br />1997 and actual moneys received over (under) budget from $466,038 to $565,207 for a <br />total net increase of $99,169: <br /> <br />Water Sales <br />Interest Earned on Investments <br />Miscellaneous Revenues <br />Net Increase in Water Utility Fund Budgeted Revenues <br /> <br />64,169 <br />35,000 <br /> 0 <br /> <br />$ 99,169 <br /> <br />To amend expenditure activities based on wage contract settlements, budget amendments <br />made by Council action during 1998 and actual moneys spent over (under) budget from <br />$366,306 to $373,171 for a total net increase of $6,865: <br /> <br />Personal Services <br />Supplies <br />Other Services and Charges <br />Depreciation <br />Transfers to Other Funds: <br /> General Fund - Administrative Transfer <br />Net Increase in Water Utility Fund Budgeted Expenses <br /> <br />$ 15,548 <br /> 14,200 <br /> (45,483) <br /> 22,600 <br /> <br /> 0 <br />$ 6,865 <br /> <br /> <br />
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