TC Resolution 19-08 Amending the 2019 Town of Avon BudgetTOWN OF AVON, COLORADO
RESOLUTION NO. 19-08
SERIES OF 2019
A RESOLUTION TO AMEND THE 2019 TOWN OF AVON BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES BY
FUND AND AMENDING THE 2019 BUDGET FOR THE TOWN OF AVON,
COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY
OF JANUARY 2019 AND ENDING ON THE LAST DAY OF DECEMBER 2019
WHEREAS, the Town Council of the Town of Avon has previously adopted the
2019 budget; and
WHEREAS, the Town Council reviewed the revised estimated revenues and
expenditures for all operating funds for 2019; and
WHEREAS, the Town Council finds it necessary to amend the 2019 budget to
more accurately reflect the revenues and expenditures for 2019; 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 following funds are
revised as follows for 2019:
Section 2. That the budget, as submitted, amended, and hereinabove summarized
by fund, hereby is approved and adopted as the budget of the Town of Avon for the year
stated above.
Res. No. 19-08
June 25, 2019
Page 1 of 2
Original or
Current
Previously
Proposed
Amended
Amended
2019 Budget
2019 Budget
General Fund
Beginning Fund Balance
$ 5,380,433
$ 6,304,042
Revenues and Other Sources
17,203,269
17,301,088
Expenditures and Other Uses
17,271,928
17,285,744
Ending Fund Balance
5,311,774
6,319.386
Section 2. That the budget, as submitted, amended, and hereinabove summarized
by fund, hereby is approved and adopted as the budget of the Town of Avon for the year
stated above.
Res. No. 19-08
June 25, 2019
Page 1 of 2
Section 3. That the budget hereby approved and adopted shall be signed by the
Mayor and made part of the public record of the Town.
ADOPTED this 25th day of June, 2019.
AVON TOWN COUNCIL
By: f i 4�AOC
Sarah Smith Hymes, Mfy r
Res. No. 19-08
June 25, 2019
Page 2 of 2
Attest:
Brenda Torres, Town