HomeMy WebLinkAboutResolution 02-2019WHEAT RIDGE HOUSING AUTHORITY
RESOLUTION NO. 02
Series of 2019
TITLE: A RESOLUTION ENACTING A BUDGET AND
APPROPRIATION FOR THE YEAR 2019
WHEREAS, C.R.S. 29-1-103 (1) of the Local Government Budget Law of Colorado
requires certain local governmental entities to prepare and adopt an annual budget; and
WHEREAS, the City Attorney has opined that the provisions of the Budget Law apply
to the Authority; and
WHEREAS, notice of adoption of this 2019 budget and appropriation was given by the
Housing Authority in compliance with C.R.S. 29-1-106; and
WHEREAS, in compliance with the provisions of the Budget Law regarding notice,
objections, and hearing, a public hearing was held on this Budget and Appropriation for 2019 by
the Authority on March 12, 2019.
NOW, THEREFORE, BE IT RESOLVED by the Wheat Ridge Housing Authority
as follows:
Section 1. The year 2019 budget as shown on Exhibit 1 attached hereto is hereby
approved.
Section 2. Total expenditures of the Authority do not exceed available revenues and
beginning fund balance.
Section 3. A certified copy of this resolution shall be filed with the Division of Local
Government.
ADOPTED this 44- day of ®(1 6 , 2019.
*Chir,ousing Authority
ATTEST:
Secretary tot uthority
Ordinary Income/Expense
Income
535 • Interest Income
Total Income
Gross Profit
Expense
750 • Accounting & Legal
762 • Bank Charges
771 - City Reimbursement
Total Expense
Net Ordinary Income
Total Other Expense
Net Other Income/Expense
Net Income
Beginning Fund Balance
Ending Fund Balance
Restricted Fund - Fruitdale
Unrestricted Fund
Ending Fund Balanace
EXHIBIT I
Wheat Ridge Housing Authority
Proposed Budget
Unaudited
Actual Actual
2017 2018
4,280 20,085
4,280 20,085
4,280 20,085
3,000
3,000
257
263
0
2,803
3,257
6,066
1,023
14,019
0
0
0
0
1,023
14,019
601,829
602,852
602,852
616,871
570,000
46,871
616,871
2019
Proposed
2018 2019
Budget � Budget
15 20,075
15 20,075
15 20,075
3,500
1,000
250
250
2,376
500
6,126
1,750
(6,111)
18,325
0
0
0
0
(6,111)
18,325
602,852
616,871
596,741
635,196
570,000 570,000
22,796 65,196
592,796 635,196
03/06/2019