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RESOLUTION NO. 1532 <br />PAGE 2 <br />REVENUES <br />Sewer Use Fees $464,610.00 <br />Connection Fees 500.00 <br />Permits 450.00 <br />Investment Income 5,000.00 <br />Other Revenues 712.00 <br />TOTAL REVENUES $471,272.00 <br />EXPENSES <br />Operations $482,131.00 <br />Depreciation 19,600.00 <br />Debt Service 13,650.00 <br />Contingency 15,000.00 <br />TOTAL EXPENSES $530,381.00 <br />LOSS $ 59,109.00 <br />BE IT FURTHER RESOLVED, by the Council of the City of <br />Mounds View that a transfer of funds, in the amount of any operating <br />loss of the Sewer Fund in calendar year 1983, is authorized from <br />the Water Fund to the Sewer Fund. <br />HE IT FURTHER RESOLVED that the action taken by this <br />Resolution be reconsidered by the City Council when legislation <br />taking action to balance the 1984-85 biennial budget has become <br />law and the City is able to evaluate the impacts of such legislation <br />as it relates to the City's ability to provide services to its <br />residents and their ability to pay for those services. <br />Adopted this 27th day of December, 1982. <br />ATTEST: Mayor <br />(SEAL) <br />Clerk -Administrator <br />E. <br />4 <br />