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HomeMy Public PortalAboutResolution 2019-12-12 Approving 2020 Building Department Budget TOWN OF FRASER RESOLUTION NO. 2019-12-12 APPROVING 2020 BUILDING DEPARTMENT BUDGET WHEREAS, the Towns of Fraser and Winter Park established a joint Winter Park/Fraser Building Department by intergovernmental agreement on December 20, 2006; and WHEREAS, The Building Department has submitted a proposed budget to said governing body for its consideration; and WHEREAS, the proposed budget remains in balance, as required by law; and NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO THAT: 1. The attached 2020 budget for the Winter Park/Fraser Building Department is approved. READ, PASSED ON ROLL CALL VOTE, AND ADOPTED BY THE BOARD OF TRUSTEES THIS 4th DAY OF DECEMBER, 2019. Votes in favor: S BOARD OF TRUSTEES OF THE Votes opposed: 2 TO OF TIER, C LORADO � Abstained: BY: de As OF s� Mayor ATTEST: s SAL Town Clerk cotoRAOO Fund Summary BUILDING SERVICES FUND SUMMARY 2018 2019 2019 2020 2021 2022 Actual Biomet Fatimatr Riataet Fstimate Estimate Revenue: Taxes $ - $ - $ - $ - $ - $ - Intergovernmental - - - - - - Licenses&Permits 787,438 603,200 750,000 650,000 650,000 650,000 User Charges/Fees - - - - - - Fines&Forfeits - - - - - Investment Earnings - - 6,000 3,000 3,660 4,429 Debt&Financing - - - - - - Other Revenue - - - - - Transfer In - - - - - - Total Revenue $ 787,438 $ 603,200 $ 756,000 $ 653,000 $ 653,660 $ 654,429 Expenditures: Salaries/Wages $ 210,268 $ 208,517 $ 208,517 $ 206,479 $ 212,631 $ 218,967 Benefits 71,693 68,064 68,064 74,167 75,988 77,819 Purchased Services 36,731 73,598 73,598 80,380 82,641 84,893 Supplies/Non-Capital Equipment 24,920 11,609 11,609 8,929 16,088 13,252 Capital Outlay - - - - 50,000 Other 245 1,500 1,500 1,465 1,500 1,500 Contingency - - - - - - Transfer Out 28,700 - - - - - Total Expenditures $ 372,556 $ 363,288 $ 363,288 $ 371,420 $ 438,849 $ 396,432 Annual Gain/(Loss) $ 414,883 $ 239,912 $ 392,712 $ 281,580 $ 214,811 $ 257,997 Cumulative Balance Beginning Fund Balance $ (111,242) $ - $ 303,641 $ 696,353 $ 977,933 $ 1,192,743 Change In Fund Balance 414,883 239,912 $ 392,712 $ 281,580 214,811 257,997 Ending Fund Balance $ 303,641 $ 239,912 $ 696,353 $ 977,933 $ 1,192,743 $ 1,450,740 Less Reserves/Designations: 3%TABOR Reserve - - - - - Operating Reserve - - - - - - Other Reserves/Designations - - - - - - Unreserved Fund Balance $ 303,641 $ 239,912 $ 696,353 $ 977,933 $ 1,192,743 $ 1,450,740