Resolution No. 4-2024 A Resolution Amending the 2023 Budget

Resolution 6-2024

A Resolution Amending the 2023 Budget

WHEREAS, Montezuma County adopted operating and capital budgets for the General Fund, Road & Bridge Fund, Conservation Trust Fund, Clara Ormiston Fund, Emergency Telephone Service Fund, Sheriff’s Forfeiture Fund, Revolving Loan Fund, Lodgers Tax Fund, Law Enforcement Authority Fund, Capital Fund, Landfill Enterprise Fund, TABOR Emergency Reserve, Contingency Fund, and Unallocated General Fund Reserve, on December 27, 2022, for the ensuing budget year 2023; and

WHEREAS, Montezuma County, after adoption of the 2023 budget, received unanticipated revenues or revenues not assured at the time of the adoption of the budget other than the local government’s property tax mill levy.

NOW THEREFORE BE IT RESOLVED that the Board of County Commissioners of Montezuma County, Colorado, the governing board, authorizes the expenditure of such funds by enacting a supplemental budget and appropriation as follows:

General Fund
Total General Fund Additional Appropriations and Expenditures $85,382

Beginning General Fund Balance as of 1/1/2023 $23,057,229

Road & Bridge Fund
Total Road and Bridge Fund Additional Appropriations and Expenditures $2,874,458

Beginning Road & Bridge Fund Balance as of 1/1/2023 $4,069,103

Public Health Fund
Beginning Public Health Fund Balance as of 1/1/2023 $1,550,211

Conservation Trust Fund
Beginning Conservation Trust Fund Balance as of 1/1/2023 $644,157

Clara Ormiston Fund
Beginning Clara Ormiston Fund Balance as of 1/1/2023 $60,714

Emergency Telephone Service Fund
Beginning Emergency Telephone Service Fund Balance as of 1/1/2023 $762,072

Sheriff’s Forfeiture Fund
Beginning Sheriffs Forfeiture Fund Balance as of 1/1/2023 $38,697

Revolving Loan Fund
Beginning Fund Balance as of 1/1/2023 $1,544

Lodgers Tax Fund
Total Lodgers Fund Additional Appropriations and Expenditures $155,500

Beginning Lodgers Fund Balance as of 1/1/2023 $339,392

Law Enforcement Authority Fund
Total Law Enforcement Auth. Fund Additional Appropriations and Expenditures $33,500

Beginning Law Enforcement Authority Fund Balance as of 1/1/2023 $1,445,107

Capital Fund
Beginning Capital Fund Balance as of 1/1/2023 $1,144,166

Landfill Enterprise Fund
Beginning Landfill Enterprise Fund Net Assets as of 1/1/2023 $2,458,468

TABOR Emergency Reserve
Beginning TABOR Emergency Reserve Fund Balance as of 1/1/2023 $722,119

Contingency Fund
Beginning Contingency Fund Balance as of 1/1/2023 $595,335

Unallocated General Fund Reserve
No Amendment Required

Adopted this 26th, day of April, 2024

• View Signed Document