HomeMy WebLinkAboutRESOLUTION 33-99RESOLUTION TO APPROPRIATE SUMS OF MONEY 33-99
A RESOLUTION TO SUPPLEMENT THE TOWN OF ESTES PARK’S 1999 GENERAL
FUND,MUSEUM FUND,SENIOR CENThR FUND,OPEN SPACE FUND,PARK
ENTRANCE ESTATES CONSTRUCTION FUND,PARK ENTRANCE ESTATES DEBT
SERVICE FUND,AND WATER FUND BUDGETS.
WHEREAS,the purchase of a Fire Department tanker truck was more than originally
estimated,and the Volunteer Fire Department will donate one-half of the total purchase price
to the Town;and
WHEREAS,the engineer’s cost estimate for Highway 34/36 have increased from the
original project estimates;and
WHEREAS,the Museum Fund did not carryover 1998 fund’s budget for capital
improvements funded by an IMS grant;and
WHEREAS,budget estimates prepared for the 1999 year end projections indicated that
the original budget would not be sufficient to fund current operations of the Senior Center;and
WHEREAS,budget estimates prepared for the 1999 year end projections indicated that
the original budget would not be sufficient to fund current Open Space Fund obligations;and
WHEREAS,construction and maintenance projects in the Park Entrance Estates area that
were not finished in 1998 are anticipated to be expended in 1999;and
WHEREAS,in 1999 extra special assessment revenue was received which allowed for
the retirement of one additional bond;and
WHEREAS,the Water Fund anticipates the purchase in 1999 of water rights as they
become available.
NOW THEREFORE BE IT RESOLVED BY THE BOARD OF TRUSTEES OF THE
TOWN OF ESTES PARK,COLORADO:
1.THAT the General Fund 1999 budget be increased from $11,394,991 to
$11,579,587.Source of funds will be a donation from the Volunteer
Fire Department and beginning cash balances.
2.THAT the Museum Fund 1999 budget be increased from $203,504 to $223,847.
Source of funds will be IMS grant reimbursements.
3.THAT the Senior Center Fund 1999 budget be increased from $111,633 to
118,981.Source of funds will be an increased transfer from the General Fund.
4.THAT the Open Space Fund 1999 budget be increased from $192,538 to $193,338.
Source of funds will be increased revenues from Larimer County.
5.THAT the Park Entrance Estates construction fund 1999 budget be increased
from $3,718 to $6,665.Source of Funds will be beginning fund balance.
6.That the Park Entrance Estates Debt Service Fund 1999 budget be increased from
$21,000 to $26,073.Source of fund will be additional assessment collections.
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7.That the Water Fund 1999 budget be increased from $2,759,890 to $3,211,831.
Source of funds will be beginning cash balances.
ADOPTED this 09th day of November,1999.
AflEST:
4.i
Mayor
Town Clerk
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