HomeMy WebLinkAbout 16-02 Amending the 2015 BudgetRESOLUTION NO. 16-
A RESOLUTION AMENDING THE 2015 BUDGET BY INCREASING THE
APPROPRIATIONS IN THE WATER FUND.
WHEREAS, the Board of Trustees of the Town of Firestone on December 10, 2014
adopted a budget for the 2015 calendar year per Resolution 14-67, pursuant to and in accordance
with the Local Government Budget Law; and
WHEREAS, the Town has received additional tap fee revenues related to development
that was not anticipated at the time of adopting the 2015 budget; and
WHEREAS, based on the foregoing, a need exists to appropriate additional sums of
money in 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 2015 budget authorized by this Resolution;
and
WHEREAS, the amended 2015 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 2015 Water Fund appropriation is hereby increased by
$1,080,000.00, such expenditures corresponding to increased tap fees collected on development
activity not anticipated prior to approval of the 2015 budget. The distribution of the supplemental
appropriation is as follows:
Revenues Account # Amount
Residential Tap Fees 5210-343022 $1,080,000.00
Expenditures Account # Amount
CWCWD Tap Fees 5210-430540-996 $1,080,000.00
INTRODUCED, READ AND ADOPTED this 27th day of January, 2016.
TOWN OF FIRESTONE, COLORADO
Paul Sorensen
Mayor
Larissa Medina
Town Clerk