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, 2008, and ending December 31, 2008.
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 2008 to said governing body at the proper time; and,
Whereas, Patti K. Owens submitted a proposed budget to this governing body on October 15, 2007, 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 4, 2007, 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 2007 final budget remains in balance as required by law.
Now, therefore be it resolved by the Deer Trail Colorado Town Board of Trustees:
Section 1.
That the estimated expenditures for each fund are as follows:
General Fund: $112,869
Water Fund: $83,750
Sewer Fund: $103,650
Conservation Trust Fund: $5,795
Arapahoe County Open Space Fund: $12,263
Total Expenditures: $318,327
Section 2.
That the estimated revenues for each fund are as follows:
General Fund
From general property tax: $50,123
From other sources: $61,733
Total Revenues: $112,869
Water Fund
From general property tax: $0
From other sources: $83,750
Total Revenues: $83,750
Sewer Fund
From general property tax: $0
From other sources: $103,650
Total Revenues: $103,650
Conservation Trust Fund
From general property tax: $0
From other sources: $5,795
Total Revenues: $5,795
Arapahoe County Open Space Fund
From general property tax: $0
From other sources: $12,263
Total Revenues: $12,263
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 2008 calendar year.
Section 4.
That the final 2008 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.
James F. Johnson, Mayor
Tamara Stoumbaugh, Mayor Pro Tem
Frank Fields, Trustee
Melvin Wood, Trustee
Bob Sanger, Trustee
Harry L. Venter, Trustee
Gary Lavoie, Trustee