Laserfiche WebLink
<br /> <br /> <br />CITY OF LINO LAKES <br />RESOLUTION NO. 21-147 <br /> <br />RESOLUTION ADOPTING THE 2022 ENTERPRISE FUNDS OPERATING BUDGETS <br /> <br />WHEREAS, the City Council has reviewed the proposed 2022 Enterprise Funds Operating <br />Budgets during their budget work sessions, and <br /> <br />WHEREAS, the City Council each year adopts the Enterprise Funds Operating Budgets 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, Sewer, and Storm Water Operating Budgets for the year 2022 are <br />hereby adopted: <br /> <br /> Water Fund Sewer Fund Strom Water Fund <br /> <br />Operating Revenues $1,755,462 $1,901,586 $ 583,000 <br />Use of Reserves $1,409,645 $ 70,299 $ -0- <br />Total Revenues $3,165,107 $1,971,885 $ 583,000 <br /> <br />Operating Expenses $ 992,412 $1,856,870 $ 514,413 <br />Operating Transfers $ 407,680 $ -0- $ -0- <br />Capital Outlay $1,765,015 $ 115,015 $ 68,587 <br />Total Expenses $3,165,107 $1,971,885 $ 583,000 <br /> <br />Non-Cash Depreciation Expense $ 783,605 $ 574,323 $ -0- <br /> <br /> <br /> <br />Adopted by the Council of the City of Lino Lakes this 13th day of December, 2021. <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 />_______________________________ <br />Rob Rafferty, Mayor <br /> <br />ATTEST: <br /> <br />________________________ <br />Julianne Bartell, City Clerk