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CITY OF LOUISVILLE <br />RESOLUTION NO 29 <br />Series 1987 <br />A RESOLUTION SUMMARIZING EXPENDITURES AND <br />REVENUES FOR EACH FUND AND ADOPTING A BUDGET FOR <br />THE CITY OF LOUISVILLE, COLORADO, FOR THE <br />CALENDAR YEAR BEGINNING ON THE FIRST DAY OF <br />JANUARY, 1988, AND ENDING ON THE LAST DAY OF <br />DECEMBER, 1988. <br />WHEREAS, the City Council of Louisville has appointed <br />Terry Hundley, City Administrator, to prepare and submit a <br />proposed budget to said governing body at the proper time; and <br />WHEREAS, Terry Hundley, City Administrator, has submitted <br />a proposed budget to this governing body on August 30, 1987, for <br />its consideration, and; <br />WHEREAS, upon due and proper notice, published or posted <br />in accordance with the law, said proposed budget was open for <br />inspection by the public at a designated place, a public hearing <br />was (held on October 6, 1987, and interested taxpayers were given <br />the opportunity to file or register any objections to said <br />proposed budget; and <br />WHEREAS, whatever increases may have been made in the <br />expenditures, like increases were added to the revenues so that <br />the budget remains in balance, as required by law. <br />NOW, THEREFORE, BE IT RESOLVED BY THE City Council of the <br />City of Louisville, Colorado: <br />SECTION 1. That the estimated expenditures for each <br />fund of the City of Louisville are as follows: <br />General Fund <br />Enterprise Funds <br />Special Revenue Funds <br />Debt Service Funds <br />Special Assessment Funds <br />TOTAL EXPENDITURES <br />$ 2,778,578 <br />3,191,720 <br />603,266 <br />641,278 <br />214,925 <br />$ 7,429,767 <br />SECTION 2. That the estimated revenue for each fund of <br />the City of Louisville are as follows: <br />GENERAL FUND <br />From unappropriated surplus $ 85,000 <br />From property taxes 545,640 <br />From other revenue sources 2,147,938 <br />Total General Fund $ 2,778,578 <br />