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MEM <br />MEM <br />CITY OF LINO LAKES <br />RESOLUTION NO. 12-124 <br />RESOLUTION ADOPTING THE 2013 WATER AND SEWER OPERATING BUDGETS <br />WHEREAS, the City Council has reviewed the proposed 2013 Water and Sewer Operating Budgets during their budget <br />work sessions, and, <br />WHEREAS, the City Council each year adopts the Water and Sewer Operating Budgets by resolution. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of Lino Lakes that the following Water and Sewer <br />Operating Budgets for the year 2013 are hereby adopted: <br />Operating Revenues <br />Transfers <br />2013 Water Operating Budget 2013 Sewer Operating Budget <br />$1,191,500 $1,543,500 <br />-0- -0- <br />Total Revenues & Transfers $1,191,500 $1,543,500 <br />Operating Expenses <br />Debt Service <br />Total Expenses <br />Revenues/Transfers over/ <br />Under Expenses <br />$1,174,357 $1,730,397 <br />-0- -0- <br />51,174,357 $1,730,397 <br />$ 17.143 11186,8E1 <br />Use of Fund Surplus -0- $ 186,897. <br />Adopted by the Council of the City of Lino Lakes this 10th day of December, 2012. <br />The motion for the adoption of the foregoing resolution was introduced by Council Member <br />Rower and was duly seconded by Council Member Rafferty and upon vote being taken thereon, the following voted <br />in favor thereon Council Members O'Donnell, Roeser, Rafferty, Stoesz, Mayor Reinert. <br />The following voted against same: None. <br />ATTEST: <br />Julianne Bartell, City Clerk <br />Jeff Reinert, Mayor <br />