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HomeMy WebLinkAboutRESOLUTION 031-22RESOLUTION 31-22 SUPPLEMENTAL BUDGET APPROPRIATIONS #1 TO THE 2022 BUDGET WHEREAS,the Board of Trustees of the Town of Estes Park adopted the 2022 annual budget in accordance with the Local Government Budget Law on November 9th, 2021;and WHEREAS,the Town of Estes Park’s accounting system incorporates a purchase order system that encumbers the budget appropriation when commitments for the purchase of goods or services are made;and WHEREAS,encumbrances that were not liquidated in the fiscal year ended December 31,2021 are to be re-appropriated in the next fiscal year;and WHEREAS,appropriations for certain projects underway that have not been encumbered with a purchase order are to be rolled over to facilitate completion of these projects;and WHEREAS,additional projects and activities have been identified that were not known or included in the original annual budget;and WHEREAS,it is not only required by law,but also necessary to appropriate the revenues provided in the budget to and for the purposes described below,so as not to impair the operations of the Town of Estes Park. NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE TOWN OF ESTES PARK,COLORADO: That the appropriations for 2022 be increased by $44,023,061 for the funds specified below and these amounts are hereby appropriated from additional revenue or available fund balance of each fund. Fund Fund Name Existing Amendment Amended #Appropriations Appropriations 101 General Fund 29,606,231 1,518,573 31,124,804 204 Community Reinvestment Fund 8,253,043 725,713 8,978,756 211 Conservation Trust Fund 15,000 19,000 34,000 220 Larimer County Open Space Fund 109,668 986,023 1,095,691 236 Emergency Response System Fund 65,245 0 65,245 238 Community Center Fund 1,016,766 0 1,016,766 244 Trails Fund 502,050 2,721,244 3,223,294 256 Parking Services Fund 693,976 119,079 813,055 260 Street Fund 2,608,226 928,010 3,536,236 502 Power and Communications Fund 21,989,004 9,715,464 31,704,468 503 Water Fund 7,549,173 25,828,667 33,377,840 606 Medical Insurance Fund 4,145,000 0 4,145,000 Fund Fund Name Existing Amendment Amended #Appropriations Appropriations 612 Fleet Maintenance Fund 598,707 894,575 1,493,282 625 Information Technology Fund 950,624 17,500 968,124 635 Vehicle Replacement Fund 272,000 538,713 810,713 645 Risk Management Fund 385,000 10,500 395,500 Total All Funds 78,759,713 44,023,061 122,782,774 DATED this tz?-day of ,2022. TOWN OF ESTES PARK /zz MaY / ATTEST: a Clerk APPROVED AS TO FORM: Town Attorney