Resolution - #02-02-047 - 02/26/2002

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Mayor Gamec introduced the following resolution and moved for its adoption: RESOLUTION #02-02-047 RESOLUTION ADOPTING THE 2002 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, 2002 is hereby adopted for the Water Utility Fund as follows: WATER UTILITY FUND Revenues: Operating Revenues Other Revenues- Interest Earnings Total Revenues $626,712 120.000 $746.71~2 Expenses: Operating Expenses Other Expenses Depreciation Administrative Transfer Total Expenses $248,227 260,000 13.000 $521.227 2) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, 2002 is hereby adopted for the Sewer Utility Fund as follows: SEWER UTILITY FUND Revenues: Operating Revenues Other Revenues- Interest Earnings Total Revenues $599,324 40,000 $639.32~4 Expenses: Operating Expenses Other Expenses Depreciation Administrative Transfer Total Expenses $353,164 220,000 8,500