HomeMy WebLinkAboutRESOLUTION 32-24RESOLUTION 32-24
SUPPLEMENTAL BUDGET APPROPRIATIONS # 2 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, 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, 2023 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, 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 $39,343,363 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
27,590,153
2,873,152
30,463,305
204
Community Reinvestment Fund
2,946,291
6,264,984
9,211,275
211
Conservation Trust Fund
35,000
19,000
54,000
220
Larimer County Open Space Fund
582,037
573,055
1,155,092
236
Emergency Response System Fund
66,746
0
66,746
238
Community Center Fund
459,171
0
459,171
244
Trails Fund
70,316
5,527,776
5,598,092
256
Parking Services Fund
2,778,714
282,974
3,061,688
260
Street Fund
1,160,429
5,095,231
6,255,660
270
Workforce Housing Lodging Tax Fund
5,157,470
0
5,157,470
502
Power and Communications Fund
26,740,397
3,556,452
30,296,849
503
Water Fund
13,584,363
14,263,459
27,847,822
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
582,239
1,335,176
625
Information Technology Fund
1,134,443
77,854
1,212,297
635
Vehicle Replacement Fund
889,000
209,131 I
1,098,131
645
Risk Management Fund
550,108
18,056
568,164
Total All Funds
89,307,575
39,343,363
128,650,938
DATED this 9TH day of APRIL, 2024.
TOWN OF ESTES PARK
Mayor
ATTEST:
APPROVED AS TO FORM:
Town Attorney