SUBJECT: PUBLIC HEARING: A Resolution Summarizing Expenditures And Revenues For Each Fund And Adopting A Budget For The Town of Erie, Colorado, For The Calendar Year Beginning The First Day Of January, 2018 And Ending On The Last Day Of December, 2018
DEPARTMENT: Finance
PRESENTER: Steve Felten, Director of Finance
FISCAL INFORMATION:
Cost as Recommended: n/a
Balance Available: n/a
Budget Line Item Number: n/a
New Appropriation Required: Yes
STAFF RECOMMENDATION: Staff recommends the Board of Trustees approve the resolution that adopts the 2018 Budget.
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
The purpose of this agenda item is for the Budget Officer to submit a proposed 2018 budget to the Board of Trustees of the Town of Erie, Colorado. The budget resolution includes a summary of expenditures and revenues for each fund for the calendar year 2018.
The Board of Trustees received the proposed 2018 budget on October 3, 2017 and was discussed at multiple study sessions and Board meetings. The attached budget overview and schedules provide a narrative overview of the budget, a summary of changes in fund balance/working capital in all funds, summary and detailed budget schedules, and a schedule of changes made to the General Fund since the study session.
ATTACHMENTS:
1. Resolution
2. 2018 Budget Overview and Schedules