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HomeMy WebLinkAbout22-125 Adopting Fiscal year 2023 Budget, Appropriating Sums 11-16-2022RESOLUTION NO. 22-125 A RESOLUTION OF THE BOARD OF TRUSTEES OF THE, TOWN OF FIRESTONE, COLORADO, ADOPTING A BUDGET FOR THE. FISCAL YEAR OF 2023 AND APPROPRIATING SUMS FOR AND DEFRAYING THE EXPENSES AND LIABILITIES FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2023 AND ENDING DECEMBER 31, 2023 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 16, 2022 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 16, 2022; 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%) 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 IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF FIRESTONE, COLORADO: 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 2023 and ending on the last day of December 2023. Section 2. That the Town Clerk shall in accordance with C.R.S. 29-1-113 cause a certified copy of the budget to be filed in the States Division of Local Government in the Department of Local Affairs. 1 INTRODUCED, READ AND ADOPTED this 16`h day of November, 2022. SEAT ATTEST: Luna Gonzalez, Acting Town Clerk APPROVED AS TO FORM: - "44 - William P. Hayashi, own Attorney TOWN OF FIRESTONE, COLORADO Drew Alan Peterson, Mayor