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HomeMy WebLinkAboutResolutions 2005 (05) RESOLUTION TO AMEND THE 2005 BUDGET Resolution No. 6 f Zcx� Sj St. Croix County, Wisconsin WHEREAS, the County would like to prepay the State Trust Fund Loans with the State of Wisconsin which total $238,244.77; and WHEREAS, pursuant to Wisconsin Statutes sec. 65.90(5), a budget amendment by the County Board is necessary to authorize the additional expenditure for debt service; and WHEREAS, the County has received sales tax revenue in excess of budgeted revenues by an amount sufficient to cover the $238,244.77 balance on the State Trust Fund Loans; and WHEREAS, the Finance Committee is recommending that the Sales Tax Fund be authorized to cover the prepayment of the State Trust Fund Loans. NOW, THEREFORE, BE IT RESOLVED by the St. Croix County Board of Supervisors that the 2005 budget be amended by adding $238,244.77 to the amount budgeted for debt service to prepay the State Trust Fund Loan and approves the use of the sales tax fund laaaee to cover this amount. Offered by the Finance Committee on March 15, 2005. NEGATIVE AFFIRMATIVE v Reviewed by Corporation Counsel on P , 2005. 6 �. 9] Greg t ftnmerman This resolution was duly adopted by the St. Croix County Board of Supervisors on March 15, 2005. e p Cindy CarneWll. County Clerk This Resolution was adopted with the word "balance" deleted in the last sentence.