HomeMy WebLinkAbout20-62 Supplemental Appropriation for 2019 Budget 06-10-2020RESOLUTION N". 20-62
A RESOLUTION OF THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE,
COLORADO, APPROVING A SUPPLEMENTAL APPROPRIATION TO THE TOWN
OF FIRESTONES 2019 BUDGET.
WHEREAS, on December 12, 2018 the Board of Trustees of the Town of Firestone
("Town") adopted the Towns' 2019 budget ("Budget"); and
WHEREAS, the Budget allocated $9,065,900 from the Sales and Use Tax — Police
Capital Improvement Fund to the General Fund for construction of the Police Department and
Municipal Court Facility ("Project"); and
WHEREAS, the Project's 2019 construction costs exceeded the allocated amount so it is
necessary to transfer an additional $2,650,000 from the Sales and Use Tax — Police Capital
Improvement Fund to the 2019 General Fund ; and
WHEREAS, to ensure that the Budget is balanced it is necessary to amend the total
appropriated amount to include the $2,065,000 transferred to the General Fund,
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF TRUSTEES OF
THE TOWN OF FIRESTONE, COLORADO:
That the appropriation for the Town of Firestone's 2019 Budget is increased by
$2,650,000 to reflect the additional funds transferred from the Sales and Use Tax — Police
Capital Improvement Fund to the 2019 General Fund.
INTRODUCED, READ, and ADOPTED this 1 Oth day of June, 2020.
ATTEST:
Koenig, Town
TOWN OF FIRESTONE
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No
obbit Sindelar, Mayor
:'per
�® 06i: •G APPROVED AS TO FORM:
William P. Hayashi, Town Attorney
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