HomeMy Public PortalAboutResolution 2015-12-18 Appropriating Sums of Money to Various Funds and Spending Agencies, in the Amount and for the Purpose as Set Forth for the Budget Year 2016 TOWN OF FRASER
RESOLUTION NO. 2015-12-18
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 2016
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, 2015;
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 $ 3,349,392
Restricted Revenue Fund $ 450,000
Conservation Trust Fund $ 0
Capital Equipment Replacement Fund $ 220,418
Capital Asset Fund $ 292,521
FREP Fund (a Special Revenue Fund) $ 0
Debt Service Fund $ 360,804
Water Fund $ 1,664,253
Wastewater Fund $ 1,850,244
Joint Facilities Fund - O&M $ 725,963
Joint Facilities Fund - CRR $ 451,000
SECTION 2. Any and all year-end fund balances shall be considered an Unassigned
Fund Balance increase and therefore part of the 2016 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, 2015.
Votes in favor: -I BOARD OF TRUSTEES OF THE
Votes opposed: fp TOWN Of ASER, COLOADO
Absent:
Abstained: BY: /
May•�i;
OF FRys�� ATTEST:
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Town Clerk �
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