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HomeMy WebLinkAboutEPURA RESOLUTION 26.,.‘C RESOLUTION 26 RESOLUTION OF THE ESTES PARK URBAN RENEWAL AUTHORITY ADOPTING THE BUDGET FOR 1985 WHEREAS,THE BOARD OF COMMISSIONERS OF THE ESTES PARK URBAN RENEWAL AUTHORITY has been presented a proposed budget for fiscal year 1985;and WHEREAS,the proposed budget has been reviewed by the Board;and WHEREAS,all legal requirements related to consideration and approval of the budget have been complied with. NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE ESTES PARK URBAN RENEWAL AUTHORITY THAT: SECTION 1.The estimated expenditures for the Urban Renewal funds are as follows: General Fund Restricted Fund SECTION 2.The estimated resources for as follows: General Fund $1,162,284 1,330,771 each fund are Carryover Cash Revenues $432,769 729,515 Restricted Fund Total $1,162,284 Carryover Cash Revenues $507,677 1,243,094 Total $1,750,771 SECTION 3.The Executive Director is authorized to certify the budget in accordance with applicable legal requirements. SECTION 4.Resolution No.25 is hereby repealed. It is passed and adopted this 19th day of December,1984. ESTES PARK URBAN RENEWAL AUTHORITY : Charles H.Phares,Chairman ATTEST: ary 0URABUDGETGENERALFUND198501983Actual1984Est.1985BudgetREVENUE1%SalesTax—TownSaleofPublicationsInterestEarnedExcessBondFundsTransferGrants—TownTotalRevenue$239,463190,000$429,463$501,2502,00030,000—0—$533,250$541,2501,00030,000157,265—0—$729,515EXPENDITURESAdministrativeSalaries—DirectorSalaries—OtherBenefitsReproduction,Prints,FeesPeriodicals,JournalsMembershipsOfficeSuppliesPostageBooks,ReferenceMaterialOfficerExpenseProfessionalDevelopmentOutsideTravelTelephoneAdvertisingRepairandMaintenanceOfficeRentalLegalAuditOther,FiscalAdvisorFinance,CityPersonnelBudgetAdministrationOtherInsurancePropertyAcquisitionServiceFixedAssetsBondIssueCostsTotalAdministrativeExpenditures$15,3542,1627,5881,8763,628$29,65023,60011,5007002501002,6004001501,0001,0005001,9001,0003,0002,82036,0003,7004602,400500100—0—2,0005,0005,000—0—74,319$36,00035,10017,8001,0005002502,5002,0003003,0002,5003,0002,5002,0003,0005,64040,0004,0005,0001,0001,000100—0—3,0005,00010,000—0——0—30,608209,649186,190 CCURABUDGETGENERALFUND1985198319841985Actual1st.BudgetEXPENDITURES(cont’d)CapitalVirginiaDriveRealignment$187,181$—0—$—0—Design21,813—0——0—ConstructionManagement126,773—0——0—OfficeEquipment5,5003,000TotalCapitalExpenditures335,7675,5003,000TOTALEXPENDITURES$366,375$215,149$189,190 0URABUDGETGENERALFUND198501983Actual1984Est.1985BudgetBeginningCashRevenueExpendituresOperatingTransferstoRestrictedFundEndingCash$306,580429,463(366,375)—0—$369,668$369,668533,250(215,149)(255,000)$432,769$432,769729,515(189,190)(973,094)$—0— 0URABUDGETRESTRICTEDFUND19851983Actua l __________REVENUEIncrementalSalesTaxIncrementalPropertyTaxGrants—TownInterestEarnedSaleofBonds________________________TotalRevenue$—0—$1,807,677$270,000EXPENDITURESStreetscapeIStreetscapeIIMiscellaneousCosts—ElkhornLightingandMisc.ITrafficCirculationPropertyAcquisitionandImprovementsDesignConstructionManagementPlanning/EngineeringPlanningCity(PublicWorks)ExcessBondFundsTransferDebtService1984Est.1985Budget$$88,732$171,60573,94588,395290,000—0—35,00010,0001,320,000—0—$$498,000$15,000200,000250,00010,00040,000125,00025,000150,000365,000420,000158,50595,00040,00048,00050,0007,50020,0001,5005,000—0—157,265—0—205,001TotalExpenditures$—0—$1,555,000$1,330,771 URABUDGETRESTRICTEDFUND1985C1983Actual1984Est.1985BudgetBeginningCash—0——0—$507,677Expenditures—0—(1,555,000)(1,330,771)OperatingTransfersfromGeneralFund—0—255,000973,094EndingCash(1)$—0—$507,677$420,000(1)BondRevenueFundIncrementalSalesTaxIncrementalPropertyTaxInvestmentEarningsBondReserveFundBondFundTotalCashatYear—end$88,73273,94535,000150,000160,000$507,677$171,60588,39510,000150,000—0—$420,000Revenue$$—0—1,807,677270,000