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• <br />• <br />• <br />AGENDA ITEM 2D <br />STAFF ORIGINATOR Al Rolek <br />MEETING DATE December 18, 2006 <br />TOPIC Consideration of adopting Resolution 06 -210 adopting the final <br />2007 Water and Sewer Operating Budgets <br />VOTE REQUIRED <br />Simple Majority <br />The City Council reviewed the proposed 2007 Water and Sewer Operating Budgets at their <br />Budget work session held August 21, 2006. The budgets include the cost of depreciation of <br />infrastructure as an expense, and recovery of this cost is incorporated into the utility rate structure. <br />At this time, no adjustment in utility rates is anticipated. <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 06 -210 adopting the final 2007 Water <br />and Sewer Operating Budgets. <br />1. Adopt Resolution 06 -210 adopting the final 2007 Water and Sewer Operating Budgets. <br />2. Return to staff for further review. <br />3. Deny Resolution 06 -210. <br />Option 1. <br />