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HomeMy WebLinkAbout26-45 2025 Budget Amend 05-20-2026RESOLUTION NO. 26-45 A RESOLUTION OF THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE, COLORADO, APPROVING SUPPLEMENTAL BUDGET APPROPRIATIONS IN FISCAL YEAR 2025 AND ADOPTING AN AMENDED BUDGET FOR THE BUDGET YEAR 2025. WHEREAS, on November 13, 2024 the Board of Trustees of the Town of Firestone (“Town”) adopted the Town’s 2025 budget (“Budget”); and WHEREAS, as required by law the Town has published notice of and held a public hearing regarding the proposed supplemental appropriations; and WHEREAS, the Board of Trustees deems it in the best interest of the Town to adopt this resolution amending the Budget and appropriations for the Budget’s General Fund, Firestone Urban Renewal Authority Fund - Central and Firestone Urban Renewal Authority Fund – Big Horn for the purposes as set forth in Exhibit A. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE, COLORADO: The supplemental appropriations for the Town of Firestone’s 2025 Budget and modifications to the Budget’s General Fund, Firestone Urban Renewal Authority Fund - Central and Firestone Urban Renewal Authority Fund – Big Horn balances, as more specifically set forth in Exhibit A, which is attached hereto and made a part of this resolution, are hereby adopted and approved. The Town’s Finance Director is directed to effectuate the necessary transfers to comply with the approved supplemental appropriations and the Town Clerk is directed forthwith to file a certified copy of this resolution with the Division of Local Government. INTRODUCED, READ AND ADOPTED this 20th day of May, 2026. TOWN OF FIRESTONE, COLORADO By: Don Conyac Jr., Mayor ATTEST: Miriam Granados Luna, CMC Town Clerk APPROVED AS TO FORM: ______________________________ Marshall Keith Martin, Town Attorney Docusign Envelope ID: 498ED9C4-D3F3-8CB1-8130-E70034BDEC3D EXHIBIT A DESCRIPTION 2025 Original Budget Budget Modification 2025 Amended Budget General Fund Technical Services - SBITA 519,500.00 850,000.00 1,369,500.00 Interest Expense - SBITA and Leases - 170,833.00 170,833.00 Principal Expense - SBITA and Leases - 766,192.00 766,192.00 Firestone Urban Renewal Authority Fund - Central General Services 4,789,201.00 153,000.00 4,942,201.00 Firestone Urban Renewal Authority Fund - Big Horn General Services 1,213,303.00 43,000.00 1,256,303.00 Docusign Envelope ID: 498ED9C4-D3F3-8CB1-8130-E70034BDEC3D