HomeMy WebLinkAbout24-107 Adopting 2025 Budget and Appropriating Sums for Defraying Expenses & Liabilities 11-13-2024RESOLUTION NO. 24-107
A RESOLUTION OF THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE,
COLORADO, ADOPTING A BUDGET FOR THE FISCAL YEAR OF 2025 AND
APPROPRIATING St MS FOR AND DEFRAYING THE EXPENSES AND LIABILITIES
FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2025 AND ENDING DECEMBER 31,
2025 IN ACCORDANCE WITH THE STATUTES OF THE STATE OF COLORADO.
WHEREAS, the Board of Trustees of the Town of Firestone has directed the Town Manager
to prepare and submit a proposed budget to the Board of Trustees; and
WHEREAS, the Town Manager has submitted a final proposed budget to the Board of
Trustees on November 13, 2024 for its consideration; and
WHEREAS, upon due and proper notice, published or posted in accordance with the law, the
proposed budget was open for inspection by the public and the public was given the opportunity to
file or register any objections to the proposed budget at the Public Hearing held on November 13,
2024; and
WHEREAS, in accordance with Article X, Section 20 of the Colorado Constitution, approved
by the voters on November 3, 1992, an ``Amendment One Emergency Reserve" is included in the
budget in a total amount estimated to equal three percent (3°o) of the Town's fiscal year spending
excluding bonded debt service; and
WHEREAS, whatever increases may have been made in expenditures, like increases were
added to the revenues, so that the budget remains in balance as required by law.
NOW, THEREFORE, BE 11 RESOLVED BY THE BOARD OF TRUSTEES OF THE
TOWN OF FIRESTONE, COT ORADO:
Section 1. That the budget as submitted and attached hereto and made a part of this
Resolution, is, hereby approved and adopted as the budget of the Town of Firestone for the fiscal year
beginning on the first day of January 2025 and ending on the last day of December 2025.
Section 1 That the Town Clerk shall in accordance with C.R.S. 29lll3 cause a certified
copy of the budget to be filed in the States Division of Local Government in the Department of Local
Affairs.
III TR DL CET. , READ AND ADOPTEDADOPFED this l z' day of November, 2024.
TOWN M FIRESTIONE, COLORAD
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Missy Carranco, Deputy Town Clerk
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