HomeMy Public PortalAbout06 c Resolution 2016-12-12 Appropriating Sums of Money to Various Funds and Spending Agencies
TOWN OF FRASER
RESOLUTION NO. 2016-12-12
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 2017
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, 2016;
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 $ 3,163,692
Restricted Revenue Fund $ 521,300
Conservation Trust Fund $ 0
Capital Equipment Replacement Fund $ 315,418
Capital Asset Fund $ 162,000
FREP Fund (a Special Revenue Fund) $ 0
Debt Service Fund $ 474,585
Water Fund $ 1,631,969
Wastewater Fund $ 720,931
Joint Facilities Fund - O&M $ 850,888
Joint Facilities Fund - CRR $ 521,000
SECTION 2. Any and all year-end fund balances shall be considered an Unassigned
Fund Balance increase and therefore part of the 2017 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 7th DAY OF DECEMBER, 2016.
Votes in favor: ___ BOARD OF TRUSTEES OF THE
Votes opposed: ___ TOWN OF FRASER, COLORADO
Absent: ___
Abstained: ___ BY:
Mayor
ATTEST:
(S E A L)
Town Clerk