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3) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, 2025 <br />is hereby adopted for the Street Light Utility Fund as follows: <br />STREET LIGHT UTILITY FUND <br />Revenues: <br />Operating Revenues <br />Other Revenues - <br />Interest Earnings <br />Total Revenues <br />$235,994 <br />2,000 <br />$237,994 <br />Expenses: <br />Operating Expenses $160,000 <br />Other Expenses <br />Depreciation 40,000 <br />Administrative Transfer 31,000 <br />Total Expenses $231,000 <br />4) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, 2025 <br />is hereby adopted for the Recycling Utility Fund as follows: <br />RECYCLING UTILITY FUND <br />Revenues: <br />Operating Revenues $544,600 <br />Other Revenues - <br />Miscellaneous Revenue 0 <br />Interest Earnings 4,000 <br />Total Revenues $548,600 <br />Expenses: <br />Operating Expenses $556,609 <br />Other Expenses <br />Administrative Transfer 0 <br />Total Expenses $556,609 <br />Resolution #24-356 <br />Page 2 of 3 <br />