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RESOLUTION NO. 66 <br /> SERIES 2010 <br /> A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR <br /> EACH FUND AND ADOPTING A BUDGET FOR THE CITY OF LOUISVILLE, <br /> COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY <br /> OF JANUARY 2011 AND ENDING ON THE LAST DAY OF DECEMBER 2011. <br /> WHEREAS, the City Council of Louisville has appointed the City Manager <br /> to prepare and submit a proposed budget to said governing body at the proper <br /> time; and <br /> WHEREAS, the City Manager submitted a proposed budget to the City <br /> Council of Louisville on October 5, 2010, for its consideration; and <br /> WHEREAS, upon due and proper notice, published or posted in <br /> accordance with the law, said proposed budget was open for inspection by the <br /> public at a designated place, a public hearing was held on October 19, 2010, and <br /> interested taxpayers were given the opportunity to file or register any objections <br /> to said proposed budget; and <br /> WHEREAS, whatever increases may have been made in the <br /> expenditures, like increases were added to the revenues, or reserves have been <br /> used, so that the budget remains in balance, as required by law. <br /> NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF <br /> THE CITY OF LOUISVILLE, COLORADO: <br /> SECTION 1. That the estimated revenue and expenditures for each fund as <br /> provided for in the budget are as summarized below in Schedule A. <br /> SECTION 2. That the budget as submitted, amended, and herein summarized <br /> by fund, a copy of which is attached hereto and incorporated herein by this <br /> reference, hereby is approved and adopted as the budget of the City of Louisville <br /> for the calendar year beginning on the first day of January 2011 and ending on <br /> the last day of December 2011. <br /> SECTION 3. That the budget hereby approved and adopted shall be signed by <br /> the Mayor and City Clerk and made a part of the public record of the City of <br /> Louisville, Colorado. <br /> Resolution No. 66,Series 2010 <br /> Page 1 of 2 <br />