BY COUNCILOR STEWART:
RESOLVED, that the operation budget for the fiscal year January 1, 2007, to December 31, 2007, for Duluth Steam District No. 2 in the amount of $8,383,855 is hereby approved.
STATEMENT OF PURPOSE: This resolution adopts the 2007 operating budget for Duluth Steam District No. 2. The finance committee reviewed the Duluth District Steam No.2 budget at its November 6, 2006 meeting. The 2007 budget represents an increase of $456,507 or 5.8 percent over the 2006 budget.