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<br /> <br /> <br />CITY OF LINO LAKES <br />RESOLUTION NO. 18-176 <br /> <br />RESOLUTION ADOPTING THE 2019 WATER AND SEWER OPERATING BUDGETS <br /> <br />WHEREAS, the City Council has reviewed the proposed 2019 Water and Sewer Operating <br />Budgets during their budget work sessions, and <br /> <br />WHEREAS, the City Council each year adopts the Water and Sewer Operating Budget by <br />resolution. <br /> <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 2019 are hereby adopted: <br /> <br /> <br /> 2019 Water Operating Budget 2019 Sewer Operating Budget <br /> <br /> Operating Revenues $1,115,500 $1,757,000 <br /> Transfers -0- -0- <br /> <br /> Total Revenues & Transfers $1,115,500 $1,757,000 <br /> <br /> Operating Expenses $1,541,570 $2,007,082 <br /> Debt Service -0- -0- <br /> <br /> Total Expenses $1,541,570 $2,007,082 <br /> <br /> Revenues/Transfers over/ <br /> Under Expenses $ (426,070) $ (250,082) <br /> <br /> Use of Fund Surplus $ 426,070 $ 250,082 <br /> <br /> <br /> <br />Adopted by the Council of the City of Lino Lakes this 10th day of December, 2018. <br /> <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />_______________and was duly seconded by Council Member ________________ and upon <br />vote being taken thereon, the following voted in favor thereof: <br /> <br />The following voted against same: <br /> <br />_______________________________ <br />Jeff Reinert, Mayor <br /> <br />ATTEST: <br /> <br />________________________ <br />Julianne Bartell, City Clerk