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HomeMy WebLinkAbout 13-57 Amedning the 2013 BudgetRESOLUTION NO. 13- A RESOLUTION AMENDING THE 2013 BUDGET BY INCREASING THE APPROPRIATIONS IN THE GENERAL FUND, THE HIGHWAY FUND, THE DEBT SERVICE FUND, AND THE WATER FUND. WHEREAS, the Board of Trustees of the Town of Firestone on December 12, 2013 adopted a budget for the 2013 calendar year per Resolution 12-38, pursuant to and in accordance with the Local Government Budget Law; and WHEREAS, the Town has received additional revenues and transfers not anticipated at the time of adopting of the 2013 budget, or has available existing fund balances; and WHEREAS, based on the foregoing, a need exists to appropriate additional sums of money in the General Fund, the Highway Fund, the Debt Service und, the Water Fund; and WHEREAS, the Board of Trustees has published notice of and held a hearing upon the supplemental appropriations and amendments to the 2013 budget authorized by this Resolution; and WHEREAS, the amended 2013 budget, as revised by this Resolution, remains in balance as required by law. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE, COLORADO: Section 1. That the 2013 General Fund appropriation is hereby increased by $262,000, such expenditures corresponding to unanticipated expenditures. Such increased appropriation is funded by both unanticipated revenues and by existing fiend balance as allowed by State statutes. The distribution of the supplemental appropriation is as follows: Revenues Federal Grants Expenditures Health &Welfare Salaries - Planning Salaries — Admin Bad Debt Expense Developer Reimbursement Account # Amount Account # Amount 1000-440000-360 $90,000.00 1000411000411 $50,000.00 1000410400-111 $259000.00 1000410400-810 $759000900 1000450500-898 $225000.00 Section 2. That the 2013 Highway Fund appropriation is hereby increased by $125,000.00, such expenditure corresponding to unanticipated revenues and expenditures. Such increased appropriation is funded by grant income received from the State of Colorado Department of Local Affairs for a portion of the costs related to Firestone Blvd, Improvements. The distribution of the supplemental appropriation is as follows: Revenues State Grants Expenditures Street Projects Account # 2820-334000 Account # 2820450700-968 Amount $125,000.00 Amount $1255000.00 Section 3. That the 2013 Debt Service Fund appropriation is hereby increased by $12,000, such expenditures corresponding to unanticipated expenditures. Such increased appropriation is funded by existing fund balance as allowed by State statutes. The distribution of the supplemental appropriation is as follows: Expenditures Account # Amount Transfer to General Fund 3000-521000423 $12,000.00 Section 4. That the 2013 Water Fund appropriation is hereby increased by $290,000.00, such expenditures corresponding to unanticipated expenditures. Such increased appropriation is funded by both unanticipated revenues and existing fund balance as allowed by State statutes. The distribution of the supplemental appropriation is as follows: 2013. Revenues Tap Fees -Residential Tap Fees — Commercial Expenditures Capital Outlay Tap Fees — CWCWD Account # Amount 5210-343022 $100,000.00 5210-343030 $ 903000600 Account # Amount 5210-430540-947 $100,000.00 521043054M% $190,000.00 INTRODUCED, READ AND ADOPTED this _� day of �(,Q�/l,{�j{i , �ssa Medina Town Clerk TOWN OFF STONE, COLORADO Chad Auer Mayor 2