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 1st of January 1995 and ending 31 December 1995.
Whereas, the Deer Trail Town Board of Trustees appointed Town Clerk Kerry Michele as the budget officer in accordance with C.R.S. 29-1-105 to prepare and submit a proposed budget for the year 1995 to said governing body at the proper time; and,
Whereas, Kerry Michele submitted a proposed budget to this governing body on 1 November 1994 for its consideration and subsequent approval; 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 general hearing for public comments on the proposed budget was held at the regular meeting of the Deer Trail Town Board of Trustees on 6 December 1994, and interested electors were given the opportunity to file and/or register any objections to said proposed budget before its final adoption; and,
Whereas, upon approval of the proposed budget, the Deer Trail Town Board of Trustees appointed Johnson, Holscher, and Plutt, PC, to prepare and submit a final budget to said governing body at the proper time; and
Whereas, whatever necessary increases and/or decreases have been made in the expenditures, like increases and/decreases were added to the revenues, or conversely, increases/decreases in the revenues increasing/decreasing expenditures, in order that the 1995 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: $99,450
Water & Sewer Fund: $411,210
Conservation Trust Fund: $8,950
Capital Projects Fund: $70,128
Debt Service Fund: $0
Total Expenditures: $589,738
Section 2.
That the estimated revenues for each fund are as follows:
General Fund
From general property tax: $24,655
From other sources: $42,670
From unappropriated surpluses: $54,075
Less: balance, ending: ($21,950)
Total Resources: $99,450
Water & Sewer Fund
From general property tax: $0
From other sources: $395,540
From unappropriated surpluses: $46,265
Less: balance, ending: $30,695
Total Resources: $411,210
Conservation Trust Fund
From general property tax: $0
From other sources: $4,925
From unappropriated surpluses: $4,025
Total Resources: $8,950
Capital Projects Fund
From general property tax: $0
From other sources: $68,260
From unappropriated surpluses: $1,868
Total Resources: $70,128
Debt Service Fund
From general property tax: $0
From other sources: $2,645
From unappropriated surpluses: $25,465
Less: balance, ending: ($28,110)
Total Resources: $0
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 1995 calendar year.
Section 4.
That the final 1995 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.
Timonthy J. Lewis, Mayor
Julie Ann Rose, Mayor Pro Tam
Glenn Koepke, Trustee
John Monnahan, Trustee
David Palm, Trustee
Vacant, Trustee
Adopted, this Fourteenth Day of December, A.D., 1994
Timothy J. Lewis, Mayor
Attest: Kerry L. Michele, Town Clerk