HomeMy Public PortalAboutResolution 2020-12-10 Appropriating Sums of Money to Various Funds and Spending Agencies TOWN OF FRASER
RESOLUTION NO. 2020-12-10
APPROPRIATING SUMS OF MONEY TO VARIOUS FUNDS AND SPENDING AGENCIES, IN
THE AMOUNT AND FOR THE PURPOSE AS SET FORTH BELOW, FOR THE TOWN OF
FRASER, COLORADO FOR THE BUDGET YEAR 2021
WHEREAS, the Board of Trustees of the Town of Fraser has adopted the annual budget
in accordance with Colorado' s Revised Statutes on December 2, 2020;
WHEREAS, the Board of Trustees has made provisions therein for the revenues in an
equal amount or greater than the total expenditures as set forth in said budget; and
WHEREAS, it is not only required by law, but necessary to appropriate the revenues
provided in the budget to and for the purposes described below, so as not to impair the
operations of the Town of Fraser, Colorado.
NOW, THEREFORE, BE IT RESOLVED by the Board of Trustees of the Town of
Fraser, Colorado that:
SECTION 1. The following sums of money are appropriated from the revenues provided
of each fund, for the purposes stated:
General Fund $6,182,497
Restricted Revenue Fund $737,838
Conservation Trust Fund $27,512
Capital Equipment Replacement Fund $389,733
Capital Asset Fund $743,179
CROS Fund (a Special Revenue Fund) $1,284,342
Debt Service Fund $3,573
Water Fund $1,932,599
Wastewater Fund $4,291,851
Fraser Housing Authority Fund $0
Joint Facilities Fund -O&M $1,239,104
Joint Facilities Fund -CRR $2,602,245
Joint Facilities Fund - Nutrients $0
SECTION 2. Any and all year-end fund balances shall be considered an Unassigned
Fund Balance increase and therefore part of the 2021 fiscal year spending, within the
meaning of article X, section 20(2)(e) of the Colorado Constitution.
READ, PASSED ON ROLL CALL VOTE, AND ADOPTED BY THE BOARD OF TRUSTEES
THIS 2nd DAY OF DECEMBER, 2020.
Votes in favor: -7 BOARD OF TRUSTEES OF THE
Votes opposed: e_ TOWN F FRASER, COLORADO
Abstained: 0
BY: 0.Z.7
rOF FRgs� Mayor
( E MEAL ATTEST:
cowRP'oO
Town Clerk