Agenda - Council - 01/28/2003 - Laserfiche WebLink

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-236- Councilmember introduced the following resolution and moved for its adoption: RESOLUTION #03-01-XXX RESOLUTION AMENDING THE 2002 CITY OF RAMSEY ENTERPRISE BUDGETS FUNDS · WHEREAS, during the year 2002, the Ramsey City Council acted on matters impacting revenue and expenditures budgets of the City's enterprise funds for items that were not included in the original budget for the year ended December 31, 2002; and WHEREAS, for financial reporting purposes, amendments to the City's enterprise funds budgets are to be made in the form of a Budget Amendment Resolution; and WHEREAS, the following budget amendments are required to confirm Council's actions taken by motion and/or discussion and to reflect actual activity for the year ended December 31, 2002: WATER UTILITY FUND #601 To amend revenue activities based on budget amendments made by Council action during 2002 and actual moneys received over (under) budget from $746,712 to $701,290 for a total net decrease of $45,422: Water Sales Investment Earnings Net Decrease in Water Utility Fund Budgeted Revenues $ (45,422) (0) $ (45,422) To amend expenditure activities based on wage coritract settlements, budget amendments made by CoUncil action during 2002 and actual moneys spent over (under) budget from $521,227 to $564,025 for a total net increase of $42,798: Personal Services Supplies Other Services and Charges Depreciation Net Increase in Water Utility Fund Budget. ed Expenses $ 9,127 (6,409) 16,290 23,790 _$ 42,798 SEWER UTILITY FUND #602 To amend revenue activities based on budget amendments made by Council action during 2002 and actual moneys received over (under) budget from $639,324 to $655,187 for a total net increase of $15,863: Sewer Charges Interest Earned on Investments Net Increase in Sewer Utility Fund Budgeted Revenues $ 15,863 (0) $ 15,863 I ! I I I I I I I I I I I I