HomeMy WebLinkAbout1983-007-01/04/1983-ADOPTING FINANCIAL POLICIES CONCERNING THE CITY OF FORT COLLINS CONTRIBUTIONS TO THE BUDGET OF THE P RESOLUTION 83-7
OF THE COUNCIL OF THE CITY OF FORT COLLINS
ADOPTING FINANCIAL POLICIES CONCERNING THE
CITY OF FORT COLLINS CONTRIBUTION TO THE
BUDGET OF THE POUDRE FIRE AUTHORITY FOR
THE YEARS 1983-1987
WHEREAS, the Council entered into an agreement with the Poudre Valley
Fire Protection District in December, 1981 , creating the Poudre Fire
Authority, and
WHEREAS, the Council has reviewed various financial policies con-
cerning the annual budget process for Poudre Fire Authority, and
WHEREAS, the City of Fort Collins is committed to sound financial
planning to provide basic services to the City, and
WHEREAS, Poudre Fire Authority provides fire protection services to
the City of Fort Collins, and
WHEREAS, the Council desires to provide funding to Poudre Fire Au-
thority on an equitable basis in relation to other City basic services,
and
WHEREAS, Council has formally adopted financial and management
policies for various City departments in conjunction with the five year
budget
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT
COLLINS that the following revenue allocation formula be adopted as the
City' s contribution to the Poudre Fire Authority for the years 1983-1987
REVENUE ALLOCATION FORMULA
Annual 0 erations and Maintenance Budget - the City will contri-
ute tom
�e Pou re i re Authority a sum equal to 303 of 14 of
existing Sales and Use Tax and 6 mills of existing property tax
from the General Fund to provide for the annual operation and
maintenance of Poudre Fire Authority (These funds are in addi-
tion to funds contributed by Poudre Valley Fire Protection
District )
Passed and adopted at a regular meeting of the City Council held this
4th day of January, 1983
ATTEST Mayor
tyCi Clerk