Title
Approving the Saint Paul Regional Water Services 2016 Budget.
Body
WHEREAS, the Board of Water Commissioners has adopted a budget for the fiscal year 2016, and the City Charter sec. 10.03 requires an annual budget , and
WHEREAS, the City may modify the budget with regard to setting of water rates the Board of Water Commissioners has adopted, and
WHEREAS, the Board of Water Commissioners has adopted a budget (Attachment "B") subject to the approval of the City Council, and
WHEREAS, the Board of Water Commissioners has submitted a balanced budget including the adjustments set forth in attachment "A" and the Mayor, pursuant to sec. 10.02 of the city charter, does recommend the adoption of the submitted budget, now therefore be it
RESOLVED, that pursuant to the provisions of City Charter, the Board of Water Commissioners' budget for the fiscal year beginning January 1, 2016 as adopted by the Board of Water Commissioners is hereby approved.
Financial Analysis
See Attachment