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HomeMy WebLinkAboutRESOLUTION 04-92RESOLUTION 4-92 A RESOLUTION TO REAPPROPRIATE THE TOWN OF ESTES PARK’S 1991 ENCUMBERED FUNDS TO THE 1992 BUDGET AND REAPPROPRIATE THE 1991 UNENCUMBERED ECONOMIC DEVELOPMENT FUNDS TO THE 1992 BUDGET. WHEREAS,the Town of Estes Park’s accounting system incorporates a purchase order system which encumbers the budget when commitments are made;and WHEREAS,encumbrances that were not liquidated in calendar year 1991 are reserved from the Ending Fund Balances;and WHEREAS,the Town of Estes Park intends to carry forward to 1992 the encumbered budget authority;and WHEREAS,there were excess Platte River Economic Development Funds not expended in 1991 for which there has been a request to reappropriate to the 1992 budget. NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF TRUSTEES OP THE TOWN OP ESTES PARK,COLORADO,THAT: 1.The following 1992 budgets be amended to carry forward the 1991 encumbered funds: 1992 1992 Original Revised Fund Encumbrance Budget Budget General Fund 15,499 6,135,961 6,151,460 Conf.Center 250 370,559 370,809 Light &Power 12,763 6,617,999 6,630,762 Water 1,255,350 2,092,641 3,347,991 2.The reservation of the 1991 Ending Fund Balances is the funding source for the budget amendments. 3.The Community Development Department be increased by $4,036 for Economic Development which will increase the 1992 General Fund Budget to $6,155,496. 4.The unexpended 1991 Fund Balance is the funding source for this budget amendment. Dated this 28th day of January,1992. TOWN.OF ESTES PARK Mayor ATTEST: Town Clerk