HomeMy WebLinkAboutR05-069 Supplementary Budget 2005
Conunissioner moved adoption
of Resolution:
BOARD OF COUNTY COMMISSIONERS
COUNTY OF EAGLE, STATE OF COLORADO
RESOLUTION NO. 2005 - ()(p1
RESOLUTION ADOPTING A SUPPLEMENTARY BUDGET AND APPROPRIATION OF
UNANTICIPATED REVENUES FOR FISCAL YEAR 2005, AND AUTHORIZING THE
TRANSFER OF BUDGETED AND APPROPRIATED MONEYS BETWEEN VARIOUS
SPENDING AGENCIES
WHEREAS, the County has received certain unanticipated
revenues, hereinafter described; and
WHEREAS, said revenues were not anticipated at the time of the
adoption of the 2005 budget and/or such revenues were not assured
at the time of the adoption of the 2005 budget and therefore were
not appropriated; and
WHEREAS, in view of the needs of the various offices, depart-
ments, boards, commissions, and other spending agencies, it is also
necessary to transfer certain previously budgeted and appropriated
moneys; and
WHEREAS, the Board has the authority to expend such unantici-
pated 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 Director has determined that
such budget appropriations are in compliance with the provisions of
the Colorado Constitution, Article X, Section 20, also know as
"Amendment One: The Taxpayer's Bill of Rights"; and
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WHEREAS, this Resolution, as proposed, has been published in
full one time in a newspaper having general circulation within the
territorial limits of the County of Eagle, State of Colorado.
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, and
transfers from fund balance as described in Exhibit A attached
hereto and incorporated herein by this reference.
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.
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MOVED, READ AND ADOPTED by the Board of County Commissioners of the
count~ oJ Eagle, State of Colorado, at its regular meeting held the
day of J11~ , 2005.
Q
COUNTY OF EAGLE, STATE OF
COLORADO, By and Through Its
ATTEST: COUNTY COMMISSIONERS
By:
Chairman
County Commissioners
Peter F. Runyon,
Commissioner
Tom C. Stone
Commissioner
Commissioner ~ seconded adoption of the
foregoing resolution. The roll having been called, the vote was as
follows:
Commissioner Menconi
Commissioner Runyon
Commissioner Stone
This Resolution passed by ~~~ vote of the Board of
County Commissioners of the County of Eagle, State of Colorado.
F:\BUDGET\resolution.wpd
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PUBLIC NOTICE
The Board of County Commissioners of the County of Eagle,
State of Colorado, shall consider adoption of the following
Resolution at its regular meeting scheduled for May 31, 2005 at
approximately 11:15 a.m. , or as soon as reasonably possible
thereafter, in the Eagle County Room, Eagle County Building, 500
Broadway, Eagle, Colorado.
RESOLUTION ADOPTING A SUPPLEMENTARY BUDGET AND APPROPRIATION
OF UNANTICIPATED REVENUES FOR FISCAL YEAR 2005 AND AUTHORIZING
THE TRANSFER OF BUDGETED AND APPROPRIATED MONEYS BETWEEN
VARIOUS SPENDING AGENCIES
WHEREAS, the County has received certain unanticipated
revenues, hereinafter describedj and
WHEREAS, said revenues were not anticipated at the time of the
adoption of the 2005 budget and/or such revenues were not assured
at the time of the adoption of the 2005 budget and therefore were
not appropriatedj and
WHEREAS, in view of the needs of the various offices, depart-
ments, boards, commissions, and other spending agencies, it is also
necessary to transfer certain previously budgeted and appropriated
moneysj and
WHEREAS, the Board has the authority to expend such unantici-
pated 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. 29-1-111j and
WHEREAS, Eagle County's Finance Director has determined that
such budget appropriations are in compliance with the provisions of
the Colorado Constitution, Article X, Section 20, also know as
"Amendment One: The Taxpayer's Bill of Rights"j and
4
WHEREAS, this Resolution, as proposed, has been published in
full one time in a newspaper having general circulation within the
territorial limits of the County of Eagle, State of Colorado.
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, and
transfers from fund balance as described in Exhibit A attached
hereto and incorporated herein by this reference.
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.
A copy of the proposed supplementary budget is available for
inspection in the Accounting Offices of Eagle County located at 500
Broadway, Eagle Colorado.
Any interested elector may file any objections to the proposed
supplementary budget at any time prior to its adoption, in
accordance with Section 29-1-106 (1) (c) , C.R.S. Such objections
may be filed with the office of the Eagle County Budget Officer.
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Telephone or written inquiries regarding the foregoing
proposed Resolution may be made by contacting Jack Ingstad, Eagle
County Budget Officer, at (970) 328-8605, or P.O. Box 850, Eagle,
Colorado, 81631.
Published by order of the Board of County Commissioners of the
County of Eagle, State of Colorado, as required by Section 29-1-
106, C.R.S.
/s/ Teak J. Simonton
Clerk to the Board of County Commissioners
F:\BUDGET\public notice.wpd
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f'~LE COUNTY GOVERNMENT EXHIBIT A
Second Supplemental Appropriation to FY2005 Budget
5/26/2005
Department Description Amount 8:17 AM
GENERAL FUND
Revenues:
1 Transfer in from Insurance Reserve Fund $209,544
2 Unanticipated Fund Bal. or Carry Forward $479.900
3 Total Revenue $689,444
4
5 Expenditures:
6 Clerk & Recorder Digitization software $40,000
7 Commissioners Consulting-Mid Valley Trails $20,000
8 Commissioners Shaping the Future of Eagle Valley classes $15,000
9 Attorney Water counsel, engineer & Financial review $80,000
10 Transfers Out Transfer to CIP Fund $240.000
11 Human Resources Q&P Team Day $4,900
12 Environmental Health West Nile abatement $80,000
13 I.T. Replace damaged drives $209,544
14
15 Total Expenditures $689,444
16
17 INSURANCE RESERVE FUND
18 Revenues:
19 Unanticipated Fund Bal. or Carry Forward $125,000
20 Insurance proceeds re I.T. drive replacement $84.544
21 Total Revenue $209,544
22
23 Expenditures:
24 I.T, Transfer to General Fund re damaged I.T, drives $209,544
25 iQ
26 Total Expenditures $209,544
27
28 CAPITAL IMPROVEMENT FUND
29 Revenues:
30 Unanticipated Fund Bal. or Carry Forward $0
31 Transfer in from General Fund $240,000
32 Total Revenue $240.000
33
34 Expenditures:
35 $0
36 Commissioners Avon Whitewater park $50,000
37 Facilities Berry Creek Daycare $190,000
38 iQ
39 Total Expenditures $240,000
40
41 HOUSING FUND
42 Revenues:
43 Revolving Loan Program $140,000
44 Unanticipated Fund Bal. or Carry Forward $20,000
45 Total Revenue $160.000
46
47 Expenditures:
48 Housing Finance Research Program $20,000
49 Revolving Loan Program $140,000
50 Total Expenditures $160.000
51
52
53
54 7
?f 1LE COUNTY GOVERNMENT EXHIBIT A
Second Supplemental Appropriation to FY2005 Budget
5/26/2005
Department Description Amount 8:17 AM
55
56 HAZARDOUS MATERIALS FUND
57 Revenues:
58 Contrib. from Vail Fire & Eagle River Fire $7,801
59 Unanticipated Fund Ba!. or Carry Forward $1,215
60 Total Revenue $9,016
61
62 Expenditures:
63 Hazardous Material supplies $9,016
64 $0
65 Total Expenditures $9,016
66
67
68
69 SUMMARY
70 GENERAL
71 ALL FUNDS FUND
72
73 Total Expenditures $1,308,004 $689,444
74
75 Unanticipated Fund Balance $626,115 $479.900
76 Transfers In $449,544 $209,544
77 Grant Revenue & Other $232.345 iQ
78
79 Total Revenue $1,308,004 $689,444
80
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