Loading...
HomeMy Public PortalAboutResolution 2018-12-10 Appropriating Sums of Money to Various Funds and Spending Agencies TOWN OF FRASER RESOLUTION NO. 2018-12-10 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 2019 WHEREAS, the Board of Trustees of the Town of Fraser has adopted the annual budget in accordance with Colorado' s Revised Statutes on December 5, 2018; 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 6,981,948 Restricted Revenue Fund 639,406 Conservation Trust Fund 13,371 Capital Equipment Replacement Fund 643,437 Capital Asset Fund 1,731,578 CROS Fund (a Special Revenue Fund) 250,000 Debt Service Fund 35,328 Water Fund 1,671,526 Wastewater Fund 4,737,240 Joint Facilities Fund -O&M 1,105,718 Joint Facilities Fund -CRR 7,665,000 SECTION 2. Any and all year-end fund balances shall be considered an Unassigned Fund Balance increase and therefore part of the 2019 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 `h DAY OF DECEMBER. 2018. Votes in favor: BOARD OF TRUSTEES OF E Votes opposed: O ToWN-7 RA ER, COL DO Absent: Abstained: O BY: VC---) ") oN OF F� Mayor (SE a ) P ATTEST: SEAL Town Clerk COLORADO