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CITY OF LINO LAKES <br /> RESOLUTION NO.21-147 <br /> RESOLUTION ADOPTING THE 2022 ENTERPRISE FUNDS OPERATING BUDGETS <br /> WHEREAS,the City Council has reviewed the proposed 2022 Enterprise Funds Operating <br /> Budgets during their budget work sessions, and <br /> WHEREAS,the City Council each year adopts the Enterprise Funds Operating Budgets by <br /> resolution. <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 /> Water Fund Sewer Fund Strom Water Fund <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 /> 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 /> Non-Cash Depreciation Expense $ 783,605 $ 574,323 $ -0- <br /> Adopted by the City Council of the City of Lino Lakes this 13th day of December 2021. <br /> The motion for the adoption of the foregoing resolution was introduced by Councilmember <br /> Lyden and was duly seconded by Councilmember Cavegn and upon vote being taken <br /> thereon,the following voted in favor thereof. Ruhland,Lyden, Cavegn, Stoesz, Rafferty <br /> The following voted against same:None <br /> Rob Rafferty, Mayor <br /> ATTEST: <br /> 1' e Bartell, Ci Cle•c <br />