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HomeMy WebLinkAboutResolution 6816 .—� \ CITY OF ORONO ��N��,� � �► RESOLUTION OF THE CITY COUNCIL �� �� No. 6 81 b `�kfSH��� A RESOLUTION TO ADOPT THE 2018 ENTERPRISE FUND BUDGETS BE IT RESOLVED, by the City Council of the City of Orono, County of Hennepin, Minnesota that the 2018 Enterprise Fund budgets are determined to be as follows: Estimated Revenues Water Sewer Recvcling Stormwater Cable Charges for Service $ 641,300 $1,450,000 $ 107,600 $ 281,000 $ 77,000 Interest Income 10,000 35,000 -- 15,000 -- Non-Operating -- 20,000 35,000 -- 1,000 Total Revenues 651 300 1 490 000 142 600 270.600 77 000 Appropriated Expenditures Operating Expenses $ 634,938 $1,448,7ll $130,150 $ 199,564 $61,515 Non-Operating Expenses Interest Expense 23,631 Debt Service 80,000 Transfer to Other Funds 55,000 110,000 -- -- -- Total Expenditures 793 569 1 558 711 130 150 199 564 61 515 Adopted by the City Council of the City of Orono, Minnesota at a regular meeting held December 11, 2017. ATTEST: � - �� � �, � , � nna Car1_son, City�'Ierk Dennis Walsh, Mayor a