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<br /> CITY OF LOUISVILLE <br /> RESOLUTION NO ~ <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 $ 2,778,578 <br /> Enterprise Funds 3,191,720 <br /> Special Revenue Funds 603,266 <br /> Debt Service Funds 641,278 <br /> Special Assessment Funds 214,925 <br /> TOTAL EXPENDITURES $ 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 />