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HomeMy WebLinkAboutRESOLUTION Adopting Budget 1976-10-26ADOPTING BUDGET RESOLUTION A RESOLUTION ADOPTING THE BUDGET FOR THE ESTES PARK GENERAL IMPROVEMENT SEWER DISTRICT #1, FOR THE FISCAL YEAR BEGINNING ON THE 1ST DAY OF JANUARY, 1977, AND ENDING ON THE LAST DAY OF DECEMBER, 1977, ESTIMATING TIIE AMOUNT OF MONEY NECESSARY TO BE RAISED BY TAX LEVY BASED ON THE SAID BUDGET SO ADOPTED; ESTIMATING THE AMOUNT OF MONEY TO BE DERIVED FROM OTHER REVENUE SOURCES; AND SETTING FORTH THE TOTAL ESTIMATED EXPENDITURES FOR EACH FUND. WHEREAS, the Secretary designated to prepare the annual budget for the Estes Park General Improvement Sewer District #1, Colorado, for the fiscal year beginning January 1, 1977, and ending December 31, 1977, has prepared said budget and submitted it to the Board of Directors, and; WHEREAS, the Board of Directors held a public hearing on said budget on October 26, 1976; AND WHEREAS, the assessed valuation of taxable property for the year 1977 in the Estes Park General Improvement Sewer District, as returned by the County assessor of Larimer County, Colorado is the sum of $560,000. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE ESTES PARK GENERAL IMPROVEMENT SEWER DISTRICT #1: Section 1. That the estimated revenue for the funds of the Estes Park General Improvement Sewer District #1 is: From unappropriated surplus $ 35,764 From property taxes 19,698 Interest 1,829 TOTAL $ 57,291 Section 2. That the estimated expenditures for the Estes Park General Improvement Sewer District #1 are as follows: - 62 - r Estes Park Sanitation District $ 7,433 Agreement (13.1 mills) Debt Service 9,025 Miscellaneous 150 Collection fee (2%) 365 TOTAL $ 16,973 Section 3. That the budget for the Estes Park General Improvement Sewer District #1, for the fiscal year beginning January 1, 1977, and ending December 31, 1977, as heretofore submitted to the Board of Directors by the Secretary, and as changed and amended by said Board of Directors be, and the same hereby is adopted and approved as the budget for the Estes Park General Improvement Sewer District for said fiscal year. Section 4. That the budget herein approved and adopted shall be signed by the President and the Secretary, and made a part of the public records of the Estes Park General Improvement Sewer District. ) P esident State of Colorado County of Larimer Town of Estes Park I, Dale G. Hill, being the duly appointed and acting Secretary of the Estes Park General Improvement Sewer District #1, Colorado, do hereby certify the above to be a true and correct copy of a Resolution passed and adopted by the Board of Directors of the Estes Park General Improvement Sewer District #1, Colorado, at a regular meeting held on the 26th day of October 1976. ESTES PARK GENE IPROVEM T SEW DISTRICT #1 Dale G. Hill, Secretary - 63