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AGENDA ITEM 2A (iii) <br />• <br />STAFF ORIGINATOR Al Rolek <br />MEETING DATE December 13, 2010 <br />TOPIC Consideration of adopting Resolution No. 10 -112 adopting the final <br />2011 Water and Sewer Operating Budgets <br />VOTE REQUIRED <br />BACKGRO. <br />Simple Majority <br />The City Council reviewed the proposed 2011 Water and Sewer Operating Budgets at their <br />budget work sessions. The budgets include the cost of depreciation of infrastructure as an <br />expense, and recovery of this cost is incorporated into the utility rate structure. Water and sewer <br />rates will remain the same in 2011 as in 2010. <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 No. 10 -112 adopting the final 2011 <br />Water and Sewer Operating Budgets. <br />1. Adopt Resolution No. 10 -112. <br />2. Return to staff for further review. <br />3. Deny Resolution No. 10 -112. <br />RBC! <br />Option 1. <br />• <br />A -4 <br />