Western Slope Metropolitan District

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: $103,445.00

Mill Levy: 0.000

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.

RESOLUTION NO. 2024-11-12-03
RESOLUTION TO AMEND BUDGET
RESOLUTION OF THE WESTERN SLOPE METROPOLITAN DISTRICT TO AMEND
THE 2024 BUDGET
Pursuant to Section 29-1-109, C.R.S., the Board of Western Slope Metropolitan District
(the “District”), hereby certifies that a regular meeting of the Board of Directors of the District,
was held on date of original budget approval, at the offices of company name and address.
A. At such meeting, the Board of Directors of the District adopted that certain
Resolution No. 2024-02-03 to Adopt Budget appropriating funds for the fiscal year 2024 as
follows:
General Fund $50,000.00
B. The necessity has arisen for additional General Fund appropriations requiring the
expenditure of funds in excess of those appropriated for the fiscal year 2024.
C. The source and amount of revenues for such expenditures, the purposes for which
such revenues are being appropriated, and the fund(s) which shall make such supplemental
expenditures are described on Exhibit A, attached hereto and incorporated herein by this
reference.
NOW, THEREFORE, BE IT RESOLVED that the Board of Directors of the Western
Slope Metropolitan District shall and hereby does amend the budget for the fiscal year 2024 as
follows:
General Fund $60,000.00
BE IT FURTHER RESOLVED, that such sum is hereby appropriated from unexpected
revenues available to the District to the General Fund for the purpose stated.

An annual audit of the financial affairs of the district must be completed by every District by June 30 and filed with the Office of the State Auditor by July 31.

A district that has annual revenues or expenditures of less than $500,000 may apply to the Office of the State Auditor for an exemption from audit. The exemption is not automatic, it must be granted, and the request must be filed by March 31.