HomeMy WebLinkAboutR25-016 Adopting a 1st Supplementary Budget for Fiscal Year 2025 Docusign Envelope ID:41E2FAAB-9F03-4B2F-9A9B-9618151B9387 Commissioner Scherr moved adoption of the following Resolution: BOARD OF COUNTY COMMISSIONERS COUNTY OF EAGLE, STATE OF COLORADO RESOLUTION NO. 2025 - 016 RATIFICATION OF RESOLUTION ADOPTING A 1st SUPPLEMENTARY BUDGET AND APPROPRIATION OF UNANTICIPATED REVENUES FOR FISCAL YEAR 2025, AND AUTHORIZING THE TRANSFER OF BUDGETED AND APPROPRIATED MONIES BETWEEN VARIOUS SPENDING AGENCIES WHEREAS, the County from time to time receives certain unanticipated revenues that were not anticipated at the time of the adoption of the 2025 budget and/or such revenues were not assured at the time of the adoption of the 2025 budget and therefore were not appropriated; and WHEREAS, the County has determined that there is an availability of unappropriated fund balances to adequately cover certain new appropriations; and WHEREAS, in view of the needs of the various offices, departments,boards, commissions, and other spending agencies, it is also necessary to transfer certain previously budgeted and appropriated monies or to authorize the expenditure of such unanticipated or unassured revenues or unappropriated fund balances; and WHEREAS, the Board has the authority to expend such unanticipated or unassured revenues by enacting a supplementary budget and appropriation, and to transfer budgeted and appropriated revenues from one county fund to another county fund, pursuant to C.R.S. § 29-1- 109 and C.R.S. § 29-1-111; and WHEREAS, Eagle County's Finance Department has determined that such budget appropriations are in compliance with the provisions of the Colorado Constitution, Article X, Section 20, also known as "Amendment One: The Taxpayer's Bill of Rights"; and WHEREAS, notice of this proposed supplementary budget has been published in a newspaper having general circulation within the territorial limits of the County of Eagle, State of Colorado, as required by the terms of C.R.S. § 29-1-106. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF THE COUNTY OF EAGLE, STATE OF COLORADO: THAT, the Board hereby authorizes a supplementary budget and appropriation of unanticipated revenues,unassured funds, transfers, and utilization of fund balance as described in Exhibit A attached hereto and incorporated herein by this reference. Docusign Envelope ID:41E2FAAB-9F03-4B2F-9A9B-9618151B9387 THAT, the Treasurer of the County of Eagle is hereby requested and directed to take all action necessary to effectuate the intent of this Resolution. THAT, the Eagle County Budget Officer is hereby requested and directed to immediately transmit an original or certified copy of this Resolution to the affected spending agencies and the officer or employee of the County of Eagle whose duty it is to draw warrants or orders for the payment of money. THAT, the Eagle County Budget Officer is hereby further requested and directed to file an original or certified copy of this Resolution with the Division of Local Governments in the Department of Local Affairs. THAT, this resolution is necessary for the public health, safety and welfare of the citizens of Eagle County, Colorado. [Remainder of page left intentionally blank] • Docusign Envelope ID:41E2FAAB-9F03-4B2F-9A9B-9618151B9387 MOVED, READ AND ADOPTED by the Board of County Commissioners of the County of Eagle, State of Colorado, this 18th day of February, 2025, nunc pro tunc the 11th day of February, 2025. ,- Signed by: OpFAGLf� `' COUNTY OF EAGLE, STATE OF a,a 0° COLORADO, By and Through Its BOARD OF COUNTY COMMISSIONERS ATTEST: Signed by: DocuSigned by: 2A2OC1360427_. By: CA4AC128F8AA47A... Clerk to the Board of Jeanne McQueeney County Commissioners County Commissioners Chair Signed by: • L ' a " CD9906r4Drcr448... Tom Boyd Commissioner ESigned by: fStLar R1 F7R7f171 RFIM77 Matt Scherr Commissioner Commissioner scherr seconded adoption of the foregoing resolution. The roll having been called, the vote was as follows: Commissioner McQueeney Aye Commissioner Boyd Aye Commissioner Scherr Aye This resolution passed by 3/0 vote of the Board of County Commissioners of the County of Eagle, State of Colorado 3