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HomeMy WebLinkAbout2023 - RESO 48 - 2024 Budget AdoptionCITY OF WHEAT RIDGE, COLORADO RESOLUTION NO. 48 Series of 2023 TITLE: A RESOLUTION ADOPTING THE CITY BUDGET AND APPROPRIATING SUMS OF MONEY TO THE VARIOUS FUNDS AND SPENDING AGENCIES FOR THE CITY OF WHEAT RIDGE, COLORADO FOR THE 2024 BUDGET YEAR WHEREAS, the City of Wheat Ridge annual budget for the fiscal year 2024 has been established and public hearings and meetings have been held after duly published public notices; and WHEREAS, the budget provides for the combination of revenues and excess fund balance reserves equal to or greater than the total proposed expenditures as set forth in said budget in the total amount of $90,060,794 which includes the following funds: 1. Fund 01 - General Fund $52,559,419 2. Fund 12 - Public Art Fund $431,000 3. Fund 17 - Police Investigation Fund $9,000 4. Fund 30 - Capital Improvement Fund $16,582,667 5. Fund 31 - 2E Investing 4 the Future Fund $3,500,300 6. Fund 32 - Open Space Fund $8,029,870 7. Fund 33 - Municipal Court Fund $18,500 8. Fund 40 – RWR Bond Projects Fund $10,587,210 9. Fund 45 – Wheat Ridge Housing Fund $163,010 10. Fund 54 - Conservation Trust Fund $767,950 11. Fund 57 - Equipment Replacement Fund $627,000 12. Fund 63 - Crime Prevention Fund $709,868 Less Transfers: ($ 3,925,000) Total Expenditures: $90,060,794 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Wheat Ridge, Colorado, that the City of Wheat Ridge total budget as stated in the Resolution be hereby approved, adopted, and appropriated for the entire fiscal period beginning January 1, 2024, and ending December 31, 2024. DONE AND RESOLVED this 9th day of October 2023. ________________________________ Bud Starker, Mayor ATTEST: ____________________________ Steve Kirkpatrick, City Clerk