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,--� CITY OF LINO LAKES <br />RESOLUTION NO. 17-143 <br />RESOLUTION ADOPTING THE 2018 WATER AND SEWER OPERATING BUDGETS <br />WHEREAS, the City Council has reviewed the proposed 2018 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 2018 are hereby adopted: <br />Operating Revenues <br />Transfers <br />2018 Water Operating Budget 2018 Sewer Operating Budget <br />$1,104,500 $1,697,500 <br />-0- -0- <br />Total Revenues & Transfers $1,104,500 $1,697,500 <br />Operating Expenses <br />Debt Service <br />Total Expenses <br />Revenues/Transfers over/ <br />Under Expenses <br />Use of Fund Surplus <br />$1,116,717 $1,962,532 <br />-0- -0- <br />$1,116,717 $1,962,532 <br />$ (12,217) $ (265,032) <br />$ 12,217 $ 265,032 <br />Adopted by the Council of the City of Lino Lakes this 11th day of December, 2017. <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />Maher and was duly seconded by Council Member Rafferty and upon <br />vote being taken thereon, the following voted in favor thereof: <br />Maher, Rafferty, Kusterman, Manthey, Rein <br />The following voted against same: <br />none <br />ATTEST: <br />e Bartell, City glerk <br />Jeff Reinert, or <br />