A resolution summarizing expenditures and revenues for each fund and adopting a budget for the Town of Deer Trail, Colorado for the calendar year beginning on the first day of January 1987, and ending on the last day of December 1987.
Whereas, the Board of Trustees of the Town of Deer Trail has appointed Oppenheim, Appel, Dixon and Co., Inc. to prepare and submit a proposed budget to said governing body at the proper time; and
Whereas, Oppenheim, Appel, Dixon and Co., Inc. has submitted a proposed budget to this governing body on October 9, 1986, for its consideration, and;
Whereas, upon due and proper notice, published or posted in accordance with the law, said proposed budget was open for inspection by the public at a designated place, a public hearing was held on October 27, 1986, and interested taxpayers were given the opportunity to file or register any objections to said proposed budget, and;
Whereas, whatever increases may have been made in the 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 Deer Trail, Colorado:
Section 1.
That estimated expenditures for each fund are as follows:
General Fund: $85,808
Water and Sewer Fund: $84,570
Capital Projects Fund: $20,000
Debt Service Fund: $0
Conservation Trust Fund: $4,000
Total Expenditures: $195,728
Section 2.
That estimated revenues for each fund are as follows:
General Fund
From unappropriated surpluses: $30,859
From sources other than general property tax: $36,083
From the General Property Tax levy: $18,866
Total General Fund: $87,158
Water Fund
From unappropriated surpluses: $1,200
From sources other than general property tax: $54,820
From the General Property Tax levy: $0
Total Water Fund: $56,020
Sewer Fund
From unappropriated surpluses: $13,831
From sources other than general property tax: $14,709
From the General Property Tax levy: $0
Total Sewer Fund: $28,550
Capital Projects Fund
From unappropriated surpluses: $15,000
From sources other than general property tax: $14,709
From General Property Tax levy: $0
Total Capital Projects Fund: $21,284
Debt Service Fund
From unappropriated surpluses: $2,000
From sources other than general property tax: $2,678
From the General Property Tax: $0
Total Debt Service Fund: $5,478
Conservation Trust Fund
From unappropriated surpluses: $2,000
From sources other than general property tax: $2,000
From the General Property Tax: $0
Total Conservation Trust Fund: $4,000
Section 3.
That the budget as submitted, amended, and hereinabove summarized by fund, hereby is approved and adopted as the budget of the Town of Deer Trail for the year stated above.
Section 4.
That the budget hereby approved and adopted shall be signed by the Deer Trail Board of Trustees and made part of the public records of the Town.
Mark Dille, Mayor
Frank Hahn, Mayor Pro Tern
Steven Bell, Trustee
Gerald Mergl, Trustee
Richard Robinson, Trustee
Virginia Tague, Trustee
Keven Turecek, Trustee
Adopted, the 27th day of October A.D., 1986.
Mark Dille, Mayor of Deer Trail
Attest: Tam M. Intermill, Town Clerk