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12-11-2017 Council Packet
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12-11-2017 Council Packet
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CITY OF ORONO <br />RESOLUTION OF THE CITY COUNCIL <br />NO. <br />A RESOLUTION TO ADOPT THE <br />2018 ENTERPRISE FUND BUDGETS <br />BE IT RESOLVED, by the City Council of the City of Orono, County of <br />Hennepin, Minnesota that the 2018 Enterprise Fund budgets are determined to be as follows: <br />Estimated Revenues <br />Water <br />Sewer <br />Recycling <br />Stormwater <br />Cable <br />Charges for Service <br />$ 641,300 <br />$1,450,000 <br />$ 107,600 <br />$ 281,000 <br />$ 77,000 <br />Interest Income <br />10,000 <br />35,000 <br />-- <br />15,000 <br />-- <br />Non-Operating <br />-- <br />20,000 <br />35,000 <br />-- <br />1,000 <br />Total Revenues <br />$142,600 <br />270.600 <br />77 000 <br />Annronriated Expenditures <br />Operating Expenses $ 634,938 $1,448,711 $130,150 $ 199,564 $61,515 <br />Non -Operating Expenses <br />Interest Expense 23,631 <br />Debt Service 80,000 <br />Transfer to Other Funds 55,000 110,000 -- -- -- <br />Total Expenditures793 569 1 558 711 &11QI50 199,564 61 515 <br />Adopted by the City Council of the City of Orono, Minnesota at a regular meeting <br />held December 11, 2017. <br />ATTEST: <br />Anna Carlson, City Clerk <br />Dennis Walsh, Mayor <br />
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