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Co u n c il m em b er $ tro mmen intr6duced the folloWing resolution and moved for its adoption: RESOLUTION #05-01-013 RESOLUTION ADOPTING THE 2005 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: I) That tim annual budget of the City of Ramsey for the fiscal year beginning January 1, 2005 is hereby adopted for the Water Utility Fund as follows: WATER UTILITY FUND Revenues: Operating :Revenues Other Reve~mes- Interest Eam/ngs Total Revenues $906,064 100,000 $1,006,06~4 Expenses: Operating Expenses Other Expenses Depreciation Administrative Transfer Total Expenses $506,102 386,563 18,000 $91~665 2) That the annual budget of the City of Ramsey for the fiscal year beginning January 1, 2005 is hereby adopted for the Sewer Utility Fund as follows: SEWER UTILITY FUND Revenues: Operating RevenUes Other Revenues- Interest Earnings Total Revennes $899,328 35,000 $934,328 Expenses: Operating Expenses: Other Expenses Depreciation Administrative Transfer Total Expenses $478,404 336,425 13,000 $827,829