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<br />RESOLUTION NO. 48 <br />SERIES 2004 <br /> <br />A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR EACH <br />FUND AND ADOPTING A BUDGET FOR THE CITY OF LOUISVILLE, COLORADO, <br />FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 2005 <br />AND ENDING ON THE LAST DAY OF DECEMBER, 2005 <br /> <br />WHEREAS, the City Council of Louisville has appointed the City Manager to prepare <br />and submit a proposed budget to said governing body at the proper time; and <br /> <br />WHEREAS, the City Manager has submitted a proposed budget to this governing body <br />on October 19,2004, for its consideration; and <br /> <br />WHEREAS, upon due and proper notice, published or posted in accordance with the <br />law, said proposed budget was open for inspection by the public at a designated place, a public <br />hearing was opened on November 3,2004, :md continued until November 16, 2004 and <br />interested taxpayers were given the opportunity to file or register any objections to said proposed <br />budget; and <br /> <br />WHEREAS, whatever increases may have been made in the expenditures, like increases <br />were added to the revenues so that the budget remains in balance, as required by law. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE <br />CITY OF LOUISVILLE, COLORADO: <br /> <br />SECTION 1. That the estimated revenue and expenditures for each fund as provided for in the <br />budget, are as in Appendix A, attached hereto and incorporated herein by this reference. <br /> <br />SECTION 2. That the budget as submitted, amended, and herein summarized by fund, a copy of <br />which is attached hereto and incorporated herein by this reference, hereby is approved and <br />adopted as the budget of the City of Louisville for the calendar year beginning on the first day of <br />January, 2005 and ending on the last day of December, 2005. <br /> <br />SECTION 3. That the budget hereby approved and adopted shall be signed by the Mayor and <br />City Clerk and made a part of the public record ofthe City of Louisville. <br /> <br />