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HomeMy WebLinkAboutResolution-1990-1195 RESOLUTION NO. 1195 Series of 1990 TITLE: A RESOLUTION AMENDING THE CITY OF WHEAT RIDGE ANNUAL BUDGET FOR THE FISCAL YEAR 1990. WHEREAS, the City of Wheat Ridge Annual Budget for the fiscal year 1990 has been adopted through Resolution No. 1179, on December 11, 1990; and WHEREAS, as of this date, the projected carryover fund balance from 1989 is greater than the amount budgeted for 1990, and prior years projects closed out in 1990 have produced additional funds available for expenditure; WHEREAS, it is the desire of the City Council of the city of Wheat Ridge to amend the 1990 Annual BUdget by increasing the budgeted revenues in the Capital Projects Fund by $746,984 as follows: Account #/Description 30-580-589/Carryover Fund Balance Amount Changed $746,984 Revised 1990 Budget $2,366,012 and; by increasing the budgeted expenditures in the Capital Projects Fund by $746,984 as follows: Account #/Description 30-302-848/35th & Parfet Drainage Improvements 30-607-795/Unallocated Amount Changed $500,000 $246,984 Revised 1990 Budget $500,000 $417,459.90 WHEREAS, this amendment increases the 1990 Capital Projects Fund budget to $5,764,652 and the total City of Wheat Ridge budget as of this transaction to $17,809,849. NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Wheat Ridge, Colorado: A. That the City of Wheat Ridge Annual Budget for the fiscal year 1990 be amended as provided in this resolution; and B. The State Division of Local Governments be notified of said amendments as required by State Statute. DONE AND RESOLVED this 11th ~~ Dan Wilde, Mayor day of June , 1990.