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HomeMy WebLinkAboutRESOLUTION 13-24RESOLUTION 13-24 SUPPLEMENTAL BUDGET APPROPRIATIONS #1 TO THE 2024 BUDGET WHEREAS, the Board of Trustees of the Town of Estes Park adopted the 2024 annual budget in accordance with the Local Government Budget Law on November 14th, 2023; and WHEREAS, certain projects and expenditures have additional funding needs which were identified after adoption of 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 2024 be increased by $1,385,316 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 Appropriations Amendment Amended Appropriations 101 General Fund 27,482,337 107,816 27,590,153 204 Community Reinvestment Fund 2,868,791 77,500 2,946,291 211 Conservation Trust Fund 35,000 0 35,000 220 Larimer County Open Space Fund 582,037 0 582,037 236 Emergency Response System Fund 66,746 0 66,746 238 Community Center Fund 459,171 0 459,171 244 Trails Fund 70,316 0 70,316 256 Parking Services Fund 2,778,714 0 2,778,714 260 Street Fund 1,160,429 0 1,160,429 270 Workforce Housing Lodging Tax Fund 5,157,470 0 5,157,470 502 Power and Communications Fund 25,540,397 1,200,000 26,740,397 503 Water Fund 13,584,363 0 13,584,363 505 Workforce Housing Fund 500,000 0 500,000 606 Medical Insurance Fund 4,310,000 0 4,310,000 612 Fleet Maintenance Fund 752.937 0 752,937 625 Information Technology Fund 1,134,443 0 1,134,443 635 Vehicle Replacement Fund 889,000 0 889,000 645 Risk Management Fund 550,108 0 550,108 Total All Funds 87,922,259 1,385,316 89,307,575 DATED this 27TH day of FEBRUARY, 2024. TOWN OF ESTES PARK ATTEST: Twin Clerk APPROVED AS TO FORM: Town Attorney