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• <br />• <br />AGENDA ITEM 2C <br />STAFF ORIGINATOR AI Rolek <br />MEETING DATE December 17, 2007 <br />TOPIC Consideration of adopting Resolution 07 -210 adopting the final <br />2008 Water and Sewer Operating Budgets <br />VOTE REQUIRED <br />Simple Majority <br />The City Council reviewed the proposed 2008 Water and Sewer Operating Budgets at their Budget <br />work session held August 22, 2007. The budgets include the cost of depreciation of infrastructure <br />as an expense, and recovery of this cost is incorporated into the utility rate structure. At this time, <br />adjustments in utility rates are pending further City Council review. <br />It has been the practice of the City Council to adopt the Water and Sewer Operating budgets by <br />resolution. Staff recommendation is to adopt Resolution 07 -210 adopting the final 2008 Water and <br />Sewer Operating Budgets. <br />1. Adopt Resolution 07 -210. <br />2. Return to staff for further review. <br />3. Deny Resolution 07 -210. <br />Option 1. <br />