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HomeMy WebLinkAboutResolution 2017-0009CITY OF WHEAT RIDGE, COLORADO RESOLUTION NO. 09 Series of 2017 TITLE: A RESOLUTION AMENDING THE FISCAL YEAR 2016 BUDGET TO REFLECT THE APPROVAL OF INCREASED AVAILABLE BEGINNING FUND BALANCES IN CERTAIN FUNDS WHEREAS, City Council adopted the 2016 budget on October 26, 2015; and WHEREAS, beginning fund balances for each fund were only projections based on estimated 2015 year-end revenues and expenditures; and WHEREAS, in several funds, actual 2015 year-end revenues were higher and/or expenditures were lower than estimated; therefore, beginning fund balances in 2016 are higher than budgeted; and WHEREAS, financial policies require that these additional revenues are approved by City Council through a resolution. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Wheat Ridge, Colorado, as follows: A. The City of Wheat Ridge Fiscal Year 2016 Budget be amended accordingly to recognize the increased available fund balance budget in the following funds: General Fund Police Investigation Fund Capital Investment Program (CIP) Open Space Fund Conservation Trust Fund Equipment Replacement Fund Crime Prevention/Code Enforcement Fund Recreation Center Fund DONE AND RESOLVED this 13th day of March 2 ATTEST: $ $ $ $ $ $ $ $ Total: $ 679,985.30 24,975.95 138,643.68 566,090.66 236,702.79 61,406.44 115,892.22 80.893.48 1,904,590.52