HomeMy Public PortalAboutResolution 2002-12-04 Appropriating Sums of Money to Various Funds and Spending Agencies for Budget Year 2003
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TOWN OF FRASER
RESOLUTION NO. 12-04-02
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 2003
WHEREAS, the Board of Trustees of the Town of Fraser has adopted the annual
budget in accordance with Colorado's Revised Statutes on December 4,2002; and
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 1. The following sums of money are appropriated from the revenues
provided of each fund, for the purposes stated:
General Fund
Special Revenue Fund
Capital Equipment Replacement Fund
De bt Service Fund
Water Fund
$ 2,281,585
$ -0-
$ 246,918
$ 261,879
$ 767,944
SECTION 2. Any and all year-end fund balances shall be considered a "reserve
increase" and therefore part of the 2003 fiscal year spending, within the
meaning of article X, section 20(2)(e) of the Colorado Constitution.
1--!l!- DAY OF DECEMBER
TOWN OF FRASER
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Dennis K. Soles, Mayor
A TrEST:
Molly McC ndless, Town Clerk
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