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HomeMy Public PortalAboutResolution 2011-12-06 Appropriating Sums of Money to Varioys Funds and Spending Agencies in the Amount and for the Purpose as Set Forth Below for the Budget Year 2012APPROPRIATING 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 2012 WHEREAS, the Board of Trustees of the Town of Fraser has adopted the annual budget in accordance with Colorado's Revised Statutes on December 7, 2011; 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 as follows: SECTION 2. Any and all year -end fund balances shall be considered a "reserve increase" and therefore part of the 2010 fiscal year spending, within the meaning of article X, section 20(2)(e) of the Colorado Constitution. DULY MOVED, SECONDED, AND ADOPTED THIS 7 DAY OF DECEMBER, 2011. Votes in favor: Votes opposed: tQ Absent: 2� Abstained: �2 (SEAL) TOWN OF FRASER RESOLUTION NO. 2011 -12 -06 SECTION 1. The following sums of money are appropriated from the revenues provided of each fund, for the purposes stated: General Fund Conservation Trust Fund (A Special Revenue Fund) Capital Equipment Replacement Fund Capital Asset Fund FREP Fund (a Special Revenue Fund) Debt Service Fund Water Fund Wastewater Fund Petersen Trust (An Expendable Trust Fund) Joint Facilities Fund O &M Joint Facilities Fund CRR BOARD OF TRUSTEES OF THE TOWN OF FRASER, COLORADO BY: C Mayor ATTEST: O Town Clerk 2,759,781 $0 245,000 250,000 $0 330,650 1,007,815 627,420 12,282 747,217 $193,500