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CITY OF LINO LAKES <br />\.. RESOLUTION NO. 16-164 <br />RESOLUTION ADOPTING THE 2017 WATER AND SEWER OPERATING BUDGETS <br />WHEREAS, the City Council has reviewed the proposed 2017 Water and Sewer Operating <br />Budgets during their budget work sessions, and <br />WHEREAS, the City Council each year adopts the Water and Sewer Operating Budget by <br />resolution. <br />NOW, THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes, <br />that the following Water and Sewer Operating Budgets for the year 2017 are hereby adopted: <br />Operating Revenues <br />Transfers <br />2017 Water Operating Budget 2017 Sewer Operating Budget <br />$1,099,500 <br />-0- <br />Total Revenues & Transfers $1,099,500 <br />Operating Expenses <br />Debt Service <br />Total Expenses <br />Revenues/Transfers over/ <br />Under Expenses <br />Use of Fund Surplus <br />$1,153,613 <br />-0- <br />$1,153,613 <br />$ (54,113) <br />$ 54,113 <br />$1,667,500 <br />-0- <br />$1,667,500 <br />$1,932,093 <br />-0- <br />$1,932,093 <br />$ (264,593) <br />$ 264,593 <br />Adopted by the Council of the City of Lino Lakes this 12th day of December, 2016. <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />Maher and was duly seconded by Council Member Manthey and upon <br />vote being taken thereon, the following voted in favor thereof: <br />Maher, Manthey, Kusterman, Rafferty, <br />The following voted against same: <br />none <br />ATTEST: <br />��uliale Bartell, City lerk <br />Jeff Rei - e ayor <br />