HomeMy WebLinkAboutresolution.council.143-18 RESOLUTION NO. 143
(SERIES OF 2018)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN,
COLORADO ADOPTING THE 2019 ASPEN COUNTY INN AFFORDABLE
HOUSING FUND,WHICH IS A COMPONENT UNIT OF THE CITY OF ASPEN,
AUTHORIZING APPROPRIATIONS PURSUANT THERE TO
WHEREAS, the City Manager, designated by Charter to prepare the budget, has prepared
and submitted to the Mayor and City Council the annual budget for the City of Aspen,
Colorado for the fiscal year beginning January 1, 2019 and ending December 31, 2019; and
WHEREAS, the budget as submitted in Exhibit A sets forth the amount to be appropriated
for expenditure, and estimated revenues, for each accounting fund for the calendar year of
2019,
NOW THEREFORE, be it resolved by City Council, that the budget for the City of Aspen,
Colorado, Aspen Country Inn Affordable Housing Fund for fiscal year 2019 is hereby adopted.
All constituted appropriations amounting to $365,150, and estimated revenues amounting to
$417,180, are hereby declared to be sufficient and necessary to pay the expenses and certain
indebtedness, and provide for a reasonable fund balance at the close of the fiscal year beginning
January 1, 2019 and ending December 31, 2019, as required pursuant to 29-1-103 (2), C.R.S.
2019 Opening 2019 2019 2019 Ending $Change to % Change to
Balance Revenues Expenditures Balance Balance Balance
($49,009) $417,180 $365,150 $3,021 $52,030 106%
Adopted this 13th, day of November 2018.
Steven Skadron, Mayor
1, Linda Manning, duly appointed and acting City Clerk of the City o spen, Colorado, do hereby
certify that the foregoing is a true and accurate copy of the Resolution adopted by the City Council
at its meeting held on the 13th day of November 2018.
Linda Manning, City CI rk
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