TC Res. No. 2015-24 To amend the 2015 Town of Avon Capital Projects Fund BudgetTOWN OF AVON
RESOLUTION NO. 15 -24
SERIES OF 2015
A RESOLUTION TO AMEND THE 2015 TOWN OF AVON CAPITAL
PROJECTS FUND BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES
AND AMENDING THE 2015CAPITAL PROJECTS FUND BUDGET FOR THE
TOWN OF AVON, COLORADO, FOR THE CALENDAR YEAR BEGINNING
ON THE FIRST DAY OF JANUARY, 2015 AND ENDING ON THE LAST DAY
OF DECEMBER, 2015
WHEREAS, the Town Council of the Town of Avon has adopted the 2015
Capital Projects Fund budget; and
WHEREAS, the Town Council has reviewed the revised estimated revenues and
expenditures for 2015; and
WHEREAS, the Town Council fords it necessary to amend the 2015 Capital
Projects Fund budget to more accurately reflect the revenues and expenditures for 2015;
and
WHEREAS, upon due and proper notice, published or posted in accordance with
the law, the proposed budget amendment to the 2015 budget was open for inspection by
the public at a designated place, a public hearing was held on December 8, 2015 and
interested taxpayers were given the opportunity to file or register any objections to the
proposed budget amendment; and
WHEREAS, whatever increases may have been made in the expenditures, like
increases were added to the revenues so that the budget remains in balance as required by
law.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF
THE TOWN OF AVON, COLORADO:
Section 1. That estimated revenues and expenditures for the Capital Projects
Fund is revised as follows for 2015:
Section 2. That the Capital Projects Fund budget, as submitted, amended, and
hereinabove summarized, hereby is approved and adopted as the capital program budget
of the Town of Avon for the year stated above.
Section 3. That the Capital Projects Fund budget hereby approved, amended, and
adopted shall be signed by the Town Manager and made part of the public record of the
Town.
ADOPTED this 8th day of December, 2015.
TO OF AVON, COLORADO
Jenni ancher, Mayor
ATTEST:
, a&Y. O�L7� Q�
Debbie Hoppe
Town Clerk
Original or
Current
Previously
Proposed
Amended
Amended
2015 Budget
2015 Budget
Capital Proiects Fund
Beginning Fund Balance
$ 3,386,721
$ 3,386,721
Revenues and Other Sources
8,286,553
8,268,741
Expenditures and Other Uses
8,800,638
6,301,327
Ending Fund Balance
$ 2.872.636
5.354.135
Section 2. That the Capital Projects Fund budget, as submitted, amended, and
hereinabove summarized, hereby is approved and adopted as the capital program budget
of the Town of Avon for the year stated above.
Section 3. That the Capital Projects Fund budget hereby approved, amended, and
adopted shall be signed by the Town Manager and made part of the public record of the
Town.
ADOPTED this 8th day of December, 2015.
TO OF AVON, COLORADO
Jenni ancher, Mayor
ATTEST:
, a&Y. O�L7� Q�
Debbie Hoppe
Town Clerk