HomeMy WebLinkAbout2022-147 Council Resolution CITY OF LINO LAKES
RESOLUTION NO. 22-147
ADOPTING THE 2023 ENTERPRISE FUNDS OPERATING BUDGETS
WHEREAS,the City Council has reviewed the proposed 2023 Enterprise Funds Operating
Budgets during their budget work sessions, and
WHEREAS,the City Council each year adopts the Enterprise Funds Operating Budgets by
resolution.
NOW,THEREFORE BE IT RESOLVED by The City Council of The City of Lino Lakes,
that the following Water, Sewer, and Storm Water Operating Budgets for the year 2023 are
hereby adopted:
Water Fund Sewer Fund Strom Water Fund
Operating Revenues $1,920,311 $1,966,510 $ 536,470
Use of Reserves $ 202,051 $ 322,652 $ -0-
Total Revenues $2,122,362 $2,289,162 $ 536,470
Operating Expenses $1,142,342 $2,028,742 $ 492,190
Operating Transfers $ 980,020 $ 225,420 $ -0-
Capital Outlay $ -0- $ 35,000 $ 44,280
Total Expenses $2,122,362 $2,289,162 $ 536,470
Adopted by the Council of the City of Lino Lakes this 12th day of December, 2022.
The motion for the adoption of the foregoing resolution was introduced by Council Member
RUtI\Oflc± and was duly seconded by Council Member Lid c and upon
vote being taken thereon, the following voted in favor thereof: 'ktt-c4e., 1 cavegn i
Lyn, Ruts\cr1 , Sies -
The following voted against same: No
i
4 ," )
ob R fferty, Mayor
ATTEST:
,_. _,o 1 .-rt—
Julianne Bartel, City Clerk
CITY COUNCIL
AGENDA ITEM 2A (iv)
STAFF ORIGINATOR: Hannah Lynch, Finance Director
MEETING DATE: December 12, 2022
TOPIC: Consider Resolution No. 22-147, Adopting the 2023 Enterprise
Funds Operating Budgets
VOTE REQUIRED: 3/5
BACKGROUND
The City Council has reviewed the proposed 2023 Water, Sewer, and Storm Water Operating
Budgets during their scheduled budget work sessions. It has been the practice of the City Council
to adopt the Enterprise Funds Operating Budgets by resolution.
RECOMMENDATION
Staff recommends the approval of Resolution No. 22-147.
ATTACHMENTS
Resolution No. 22-147