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CITY COUNCIL <br />AGENDA ITEM 2B(iii) <br />STAFF ORIGINATOR: Sarah Cotton <br />MEETING DATE: December 12, 2016 <br />TOPIC: Consider Resolution No. 16-164, Adopting the 2017 Water and <br />Sewer Operating Budgets <br />VOTE REQUIRED: 3/5 <br />BACKGROUND <br />The City Council reviewed the proposed 2017 Water and Sewer Operating Budgets at the December <br />5th City Council Work Session. The budgets include the cost of depreciation of infrastructure as an <br />expense, and recovery of this cost is incorporated into the utility rate structure. <br />It has been the practice of the City Council to adopt the Water and Sewer Operating Budgets by <br />resolution. <br />RECOMMENDATION <br />Staff recommends the approval of Resolution No. 16-164. <br />ATTACHMENTS <br />Resolution No. 16-164, Adopting the 2017 Water and Sewer Operating Budgets <br />