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CITY OF LINO LAKES <br />RESOLUTION NO. 05-203 <br />RESOLUTION ADOPTING THE 2006 WATER AND SEWER OPERATING BUDGETS <br />WHEREAS, the City Council has reviewed the proposed 2006 Water and Sewer Operating Budgets <br />during their work session held August 17, 2005, 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 <br />Water and Sewer Operating Budgets for the year 2006 are hereby adopted: <br />2006 Water Operating Budget 2006 Sewer Operating Budget <br />Operating Revenues $1,115,000 <br />Transfers 299,725 <br />Total Revenues & Transfers $1,414,725 <br />Operating Expenses $ 807,929 <br />Debt Service 419,868 <br />Total Expenses $1,227,727 <br />Revenues/Transfers over/ <br />Under Expenses $ 186,998 <br />$1,425,000 <br />-0- <br />$1,425,000 <br />$1,206,973 <br />-0- <br />$1,206,973 <br />$ 218,027 <br />Adopted by the City Council of Lino Lakes, Minnesota, this 19th day of December, 2005. <br />• <br />nne BartelV, Cit9 CIerk <br />A -3 <br />