A budget for each special district is required to be submitted to the Division of Local Government on an annual basis. The budget must contain revenues, expenditures, and fund balances. Each budget must also contain a message of significant budget issues for the year, the basis of accounting, and any leases that the district is involved in. A draft budget must be presented to the board of directors by October 15th. A hearing is set for public comment thereafter. The budget document must then be adopted by December 31st (Dec 15th if levying property taxes) and submitted to the Division of Local Government by January 31st of the budget year. Special district budgets are available for review at the office of the special district, or at the Division of Local Government's Denver office.

For comprehensive documentation, please visit DOLA's website and enter the District's Name in the "Local Government Name" box: https://dola.colorado.gov/dlg_lgis_ui_pu/

General Fund: $4,582,401.00

Mill Levy: 16.891

Volunteer Pension Fund: $77,000.00

A Budget Amendment (BA) is the mechanism used to revise the working budget to reflect changes that occur throughout the fiscal year. Once the working budget is completed, it can only be changed by Budget Amendment. Budget amendments are occasionally necessary, and should be filed with the Division of Local Government (DLG) when adopted by a local government.

R E S O L U T I O N
A RESOLUTION ADOPTING A SUPPLEMENTAL BUDGET REGARDING THE APPROPRIATION OF MONEYS TO AND EXPENDITURE OF MONEYS FROM THE GENERAL FUND FOR THE NORTH-WEST FIRE PROTECTION DISTRICT, PARK COUNTY, COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY 2024 AND ENDING ON THE LAST DAY OF DECEMBER 2024.
WHEREAS, the District Board, after complying with notice and other statutory requirements, duly adopted a budget for fiscal year 2024;
WHEREAS, after adopting the 2024 budget and making appropriations thereunder, the District Board determined it necessary and appropriate to adopt a Resolution ratifying and approving an appropriation of moneys to and expenditure of moneys from the General Fund in order reflect unforeseen appropriations and expenditures that occurred in fiscal year 2024;
WHEREAS, the District Board authorized its administrative staff and consultants to prepare and submit a proposed 2024 Supplemental Budget reflecting the appropriation of moneys to, and expenditures of moneys from, the General Fund;
WHEREAS, a proposed 2024 Supplemental Budget has been submitted to the District Board for its consideration. A copy of the 2024 Supplemental Budget is attached to this Record of Proceedings;
3
5768039.1
WHEREAS, due and proper notice, published and posted in accordance with the law, advised the public that (1) the proposed 2024 Supplemental Budget was available for inspection by the public at a designated public office; (2) a public hearing would be held on Wednesday, November 13, 2024 at 6:00 P.M.; and (3) interested electors could comment on or file or register objections to the proposed 2024 Supplemental Budget any time before the public hearing; and
WHEREAS, a public hearing was held on Wednesday, November 13, 2024, and interested electors were given the opportunity to comment on or to file or register any objections to the attached proposed 2024 Supplemental Budget.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE NORTH-WEST FIRE PROTECTION DISTRICT, PARK COUNTY, COLORADO:
Section 1. Expenditures from the General Fund. The Board hereby amends the budget for the General Fund for fiscal year 2024 as follows:
Original Expenditure Appropriation: $3,308,957
Amended Expenditure Appropriation: $4,207,506
Such sum is hereby appropriated from surplus revenue funds of the General Fund, and a transfer of $898,549.00 from the General Fund balance.
Section 2. Adoption of Supplemental Budget for 2024. The Board hereby adopts the 2024 Supplemental Budget in the form attached to this Record of Proceedings.
Section 3. Purposes of 2024 Supplemental Budget Could Not Have Been Reasonably Foreseen. At the time the Board adopted the 2024 Budget in the fall of 2023, it could not have reasonably foreseen the need for the additional appropriations and expenditures as provided herein.