TOWN OF TAOS

RESOLUTION  NO. 2005-17

WHEREAS the Town of Taos has adopted its operating budget for the fiscal year ending June 30, 2005 and,

WHEREAS the governing body of the Town of Taos, meeting in Regular Session this 19^th day of April, 2005 wishes to adjust its operating budget for the fiscal year ending June 30, 2005.

NOW, THEREFORE be it resolved that the governing body of the Town of Taos, meeting in Regular Session this 19^th day of April, 2005, adopts this budget adjustment and respectfully requests approval from the Local Government Division of the Department of Finance and Administration to effect this budget adjustment.

                                                                                                                               Amount

Community Grants Fund (30)

2004 LLEBG

Expenditures and other Financing Uses:

            Personnel Expense -            ($   3,000.00)

            Operating Expense - ($   9,000.00)

            Capital Expense - Computers & Office Equipment    $  12,000.00

(To adjust the Community Grants Fund, this Budget Adjustment Request will transfer from personel and operating to capital to purchase in-car video camera, vido/audio records & radar units for police vehicles.)

Transportation Fund (29)

Revenues and Other Sources:

 DOT Transportation Grant                                                                      $ 29,604.00

Expenditures and other Financing Uses:

            Operating Expenses -                                                                                 $ 29,604.00

(To adjust the Transportation Fund, this Budget Adjustment Request will increase revenues and expenditures to cover operating expense through the end of the fiscal year.)

TOWN OF TAOS

RESOLUTION  NO. 2005-17

General Fund

Revenues and Other Sources:

 Unreserved Fund Balance                                                                 ( $ 30,000.00)

Expenditures and other Financing Uses:

            Operating Expenses - Professional                                                          $ 30,000.00

Operating Expenses - Police                                                                  ($ 12,500.00)

            Capital Expenses - Police                                                                   $ 12,500.00

(To adjust the General Fund, this Budget Adjustment Request will transfer from operating to capital to purchase equipment for the two new police vehicles and increase expenditures for Legal & Human Resources to cover expenditures for legal fees.)

Capital Projects Fund (51)

Revenues and Other Sources:

 Unreserved Fund Balance                                                                 ( $ 5,000.00)

Expenditures and other Financing Uses:

Capital Expense - Swimming Pool Lockers                                                  ( $ 23,000.00)

Capital Expense - Swimming Pool Bleachers (New Project)      $ 28,000.00

(To adjust the Capital Projects Fund, this Budget Adjustment Request will transfer from  the Pool Lockers project to a new project to purchase bleachers for the new pool.)

TOWN OF TAOS

RESOLUTION  NO. 2005-17 

Utility Improvements Fund (81)

Expenditures and other Financing Uses:

Capital Expense - Rehabilitation of N. Plaza Area Sewerlines          ( $ 30,000.00)

Capital Expense - Bulk Water Loading Facility                             $ 30,000.00

(To adjust the Utility Improvements Fund, this Budget Adjustment Request will transfer from  the Rehab. of N. Plaza Sewerlines project to the Bulk Water Loading Facility in order to cover the total amount of construction.)

TOWN OF TAOS: Bobby F. Duran, Mayor

 ATTEST: Tamara Trujillo, Town Clerk