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HomeMy WebLinkAboutRESOLUTION 38-25RESOLUTION 38-25 SUPPLEMENTAL BUDGET APPROPRIATIONS #1 TO THE 2025 BUDGET WHEREAS, the Board of Trustees of the Town of Estes Park adopted the 2025 annual budget in accordance with the Local Government Budget Law on November 12th, 2024;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, 2024 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 2025 be increased by $56,198,538 for the funds specified below and these amounts are hereby appropriated from additional revenue or available fund balance of each fund. FUND General Fund Community Reinvestment Fund Conservation Trust Fund Larimer County Open Space Fund Emergency Response System Fund Community Center Fund Wildfire Mitigation Fund Trails Expansion Fund Trails ST Extension Fund Parking Services Fund Street Improvement Fund Stormwater Fund Workforce Housing Lodging Tax Fund Power and Communication Fund Water Fund Workforce Housing Linkage Fee Fund Medical Insurance Fund Fleet Maintenance Fund Information Technology Fund Vehicle Replacement Fund Risk Management Fund Facilities Management Fund Total EXISTING APPROPRIATION $ 25,537,676 ! 1,193,895 20,000 862,729 46,836 411,401 227,000 1,180,287 870,197 2,329,227 1,786,722 5,367,065 30,816,466 10,955,909 752,000 4,790,000 928,822 1,304,234 552,600 673,747 1,673,810 $ 92,280,623 ; AMENDMENT ? 4,817,826 8,670,121 19,000 936,540 4,572,658 (604,744) 602,677 5,985,211 2,032,232 11,465,323 16,549,124 56,393 165,849 697,771 232,557 ? 56,198,538 AMENDED APPROPRIATIONS $ 30,355,502 9,864,016 39,000 1,799,269 46,836 411,401 4,799,658 575,543 1,472,874 8,314,438 1,786,722 7,399,297 42,281,789 27,505,033 752,000 4,790,000 985,215 1,470,083 1,250,371 673,747 1,906,367 $ 148,479,161 ^,DATED this ^'day of P^e^<_^2025. TOWNOFESTE^PARF^—^-^ Mayor ATTEST: ^C^*Aa>-*_? ^^ "^ . ^o - — T^i Clerk^u APPROVED AS TO FORM: Town Attorney