BY COUNCILOR STEWART:
RESOLVED, that the operation budget for the fiscal year January 1, 2008, to December 31, 2008, for Duluth Steam District No. 2 in the amount of $9,088,066 is hereby approved.
STATEMENT OF PURPOSE: This resolution adopts the 2008 operating budget for Duluth Steam District No. 2. The finance committee reviewed the Duluth District Steam No.2 budget at its November 6, 2007, meeting. The 2008 budget represents an increase of $704,211 or 8.4 percent over the 2007 budget.