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HomeMy WebLinkAboutResolution-1993-1378 c c: ~.~ ., r:.:- RESOLUTION NO. 1378 Series of 1993 TITLE: A RESOLUTION AMENDING THE CITY OF WHEAT RIDGE ANNUAL BUDGET FOR THE FISCAL YEAR OF 1993. WHEREAS, The City of Wheat Ridge Annual Budget for the fiscal year 1993 has been adopted through Resolution 1325, of December 14, 1992; and WHEREAS, Ridge to revenues $525,000 It is the desire of the City council of the City of Wheat amend the 1993 Annual Budget by increasing the budgeted in the General Fund by $525,000 and the Capital Fund by as follows: Amount Changed $525,000 in revenue and expenditure REVENUE General Fund Sales Tax increased to $5,025,000; Capital Fund Sales Tax increased to $3,500,000. EXPENDITURE General Fund General Operations Economic Development Incentives (Estip Payments) $525,000 Capital Fund Economic Development Incentives (ESTIP Payments) $525,000 Revised 1992 Budget Amount $1,050,000 WHEREAS, This resolution increases the General Fund Sales Tax revenues to $5,025,000 and the total projected general fund revenue as of this resolution to $10,138,470. And, the Capital Improvement Sales Tax revenues to $3,500,000 and the total CIP revenues to $4,175,000. WHEREAS, The monthly payments for the Enhanced Sales Tax Incentive Program will be paid out of account 01-610-700-719 and 30-610-700- 719 (Economic Development Incentives); and each budget line will be listed as $525,000. NOW, THEREFORE, BE IT RESOLVED by the city Council of the City of Wheat Ridge, Colorado that the city's Annual Budget for the fiscal year of 1993 be amended as provided in this resolution. DONE AND RESOLVED this 13th day of December, 1993. ~~~) Dan wilde, Mayor ATTEST: , -- 1 / ( i