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Agenda - Council - 12/10/2024
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Agenda - Council - 12/10/2024
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3/13/2025 10:40:15 AM
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12/10/2024 1:32:17 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
12/10/2024
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Councilmember introduced the following resolution and moved for its adoption: <br />RESOLUTION #24-356 <br />RESOLUTION ADOPTING THE 2025 CITY OF RAMSEY ENTERPRISE FUNDS <br />OPERATING BUDGETS <br />NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br />RAMSEY, COUNTY OF ANOKA, STATE OF MINNESOTA, as follows: <br />1) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, <br />2025 is hereby adopted for the Water Utility Fund as follows: <br />WATER UTILITY FUND <br />Revenues: <br />Operating Revenues $3,424,821 <br />Other Revenues - <br />Miscellaneous Revenues 372,427 <br />Interest Earnings 40,000 <br />Total Revenues $3,837,248 <br />Expenses: <br />Operating Expenses $2,016,257 <br />Other Expenses <br />Depreciation 1,758,000 <br />Administrative Transfer 59,000 <br />Total Expenses $3,833,257 <br />2) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, 2025 <br />is hereby adopted for the Sewer Utility Fund as follows: <br />SEWER UTILITY FUND <br />Revenues: <br />Operating Revenues $2,408,050 <br />Other Revenues - <br />Miscellaneous Revenues 138,900 <br />Interest Earnings 38,600 <br />Total Revenues $2,585,550 <br />Expenses: <br />Operating Expenses $1,862,246 <br />Other Expenses <br />Depreciation 793,692 <br />Administrative Transfer 53,000 <br />Total Expenses $2,7098,938 <br />
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