A resolution adopting a final budget and summarizing revenues and expenditures for each fund for the Town of Deer Trail, Colorado during the calendar year beginning January 1, 2003, and ending December 31, 2003.
Whereas, the Deer Trail Town Board of Trustees appointed Town Clerk/Treasurer Patti K. Owens as the
Budget Officer in accordance with C.R.S. 29-1-105 to prepare and submit a proposed budget for the year 2003 to said governing body at the proper time; and,
Whereas, Patti K. Owens submitted a proposed budget to this governing body on October 15, 2002, for its consideration; and,
Whereas, upon due and proper notice, published and posted in accordance with C.R.S. 29-1-108, said
proposed budget was open for inspection by the public at the Town Hall as a designated public location, and a public hearing for general comments on the proposed budget was held at the regular meeting of the Deer Trail Town Board of Trustees on December 3, 2002, and interested electors were given the opportunity to file and/or register any objections to said proposed budget before its final adoption; and,
Whereas, whatever necessary increases and/or decreases have been made in the expenditures, like increases and/or decreases were added to the revenues in order that the 2003 final budget remains in balance as required by law.
Now, therefore, be it resolved by the Deer Trail, Colorado Town Board of Trustees:
Section I.
That the estimated expenditures for each fund are as follows:
General Fund: $93,060
Water Fund: $81,350
Sewer Fund: $50,425
Conservation Trust Fund: $7,020
Total Expenditures: $231,855
Section 2.
That the estimated revenues for each fund are as follows:
General Fund
From general property tax: $35,790
From other sources: 57,270
Total Revenues: $93,060
Water Fund
From general property tax: $0
From other sources: $81,350
Total Resources: $81,350
Sewer Fund
From general property tax: $0
From other sources: $50,425
Total Resources: $50,425
Conservation Trust Fund
From general property tax: $0
From other sources: $7,020
Total Resources: $7,020
Section 3.
That the budget as submitted, amended, and hereinabove summarized by each fund is hereby approved and adopted as the final budget for the Town of Deer Trail for the 2003 calendar year.
Section 4.
That the final 2003 budget hereby approved and adopted by the Deer Trail Town Board of Trustees shall be signed by each board member and made a part of the public records of the Town of Deer Trail.
Beryl H. Rector, Mayor
Chuck Myers, Trustee
Tamara Stoumbaugh, Mayor Pro Tem
Ralph Haight, Trustee
Gary Lavoie, Trustee
Harry L. Ventor, Trustee
Melvin Wood, Trustee