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CITY OF LINO LAKES <br />RESOLUTION NO. 14-149 <br />RESOLUTION ADOPTING THE 2015 WATER AND SEWER OPERATING BUDGETS <br />WHEREAS, the City Council has reviewed the proposed 2015 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 2015 are hereby adopted: <br />Operating Revenues <br />Transfers <br />2015 Water Operating Budget 2015 Sewer Operating Budget <br />$1,247,938 $1,688,000 <br />-0- -0- <br />Total Revenues & Transfers $1,247,938 $1,688,000 <br />Operating Expenses <br />Debt Service <br />Total Expenses <br />Revenues/Transfers over/ <br />Under Expenses <br />$1,179,819 $2,181,199 <br />-0- -0- <br />$1,179,819 $2,181,199 <br />$ 68,119 $ (493,199) <br />Use of Fund Surplus -0- $ 493.199 <br />Adopted by the Council of the City of Lino Lakes this 8th day of December, 2014. <br />The motion for the adoption of the foregoing resolution was introduced by Council Member Roeser <br />and was duly seconded by Council Member and upon vote being taken thereon, the followi s voted in <br />favor thereof: Kusterman <br />RQeser, Kusterman, Rafferty, Stoes <br />The tollowmg'voted against same:. <br />none <br />ATTEST: <br />A-3 <br />