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 1988, and ending on the last day of December 1988.
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 September 20, 1987, 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 6, 1987, 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: $78,634
Water and Sewer Fund: $59,245
Capital Projects Fund: $21,839,
Debt Service Fund: $8,266
Conservation Trust Fund: $2,539
Total Expenditures: $162,257
Section 2.
The estimated revenues for each fund are as follows:
General Fund
From unappropriated surpluses: $25,505
From sources other than general property tax: $34,160
From the General Property Tax levy: $18,969
$78,634
Water and Sewer Fund
From unappropriated surpluses: $1,999
From sources other than general property tax: $57,246
From the General Property Tax levy: $0
Total Water and Sewer Fund: $59,245
Capital Projects Fund
From unappropriated surpluses: $20,975
From sources other than general Property tax: $864
From the General Property Tax levy: $0
Total Capital Projects Fund: $21,839
Debt Service Fund
From unappropriated surpluses: $5,478
From sources other than general property tax: $2,788
From the General Property Tax levy: $0
Total Debt Service Fund: $8,266
Conservation Trust Fund
From unappropriated surpluses: $4
From sources other than general property tax: $2,535
From the General Property Tax levy: $0
Total Conservation Trust Fund: $2,539
Section 3.
That the budget as submitted, amended, and hereinabove summarized by fund, hereby is 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 part of the public records of the Town.
Mark Dille, Mayor
Frank C. Hahn, Mayor Pro Tern
Steven Bell, Trustee
Gerald Mergl, Trustee
Richard Robinson, Trustee
Virginia Tague, Trustee
Keven Turecek, Trustee
Adopted the 6th day of October A.D., 1987.
Mark Dille, Mayor of Deer Trail
Attest: Tam M. Intermill, Town Clerk