TC Resolution 21-27 Adopting the 2022 Town of Avon Operating Funds BudgetA
Avo n
RESOLUTION NO. 21-27
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR
EACH FUND AND ADOPTING A BUDGET FOR THE TOWN OF AVON,
COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF
JANUARY, 2022 AND ENDING ON THE LAST DAY OF DECEMBER, 2022
WHEREAS, the Town Council of the Town of Avon has appointed the town Manager to
prepare and submit a proposed budget to said governing body for its consideration; and
WHEREAS, upon due and proper notice, published and posted in accordance with the law, said
proposed budget was open for inspection by the public at a designated place. Public hearings
were held on November 9, November 16, and December 14, 2 02 1, and interested taxpayers were
given the opportunity to file or register any comment to said proposed budget; and
WHEREAS, whatever increases may have been made in the expenditures, like increases were
added to the revenues or planned to be expended from reservesi fund balances so that the budget
remains in balance, as required by law.
NOW, THEREFORE, BE IT RESOLVED BY THE TOWN OF AVON:
Section 1. That estimated revenues and expenditures for the operating funds of the Town of Avon
are presented as follows for 2022:
2022 Proposed
Budget
General; Fund
Beginning Fund Balance $ 12,664,061
Revenues and Other Sources 22,411,420
Expenditures and Other Uses 22,199,792
Ending Fund Balance 12.875.689
Community Enhancement Fund
Beginning Fund Balance $ 298,973
Revenues and Other Sources 80,000
Expenditures and Other Uses 136,000
Ending Fund Balance S 242.973
Resolution No. 21-27
December 14, 2021
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Water Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Community Housing Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Exterior Energy Offset Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Disposable Paper Bag Fee Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Debt Service Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Mobility Enterprise Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Resolution No. 21-27
December 14, 2021
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2022 Proposed
Budget
$ 707,301
200,000
177,308
729,993
$ 924,876
1,405,767
1,200,000
1,130,643
$ 104,804
5,000
13,000
96.804
$ 78,130
44,000
60,000
62,130
$ 27,645
959,708
959,708
$ 27,645,
$ 1,376,640
4,567,025
5,554,578
389.087
2022 Proposed
Budizet
Fleet Maintenance Enterprise Fund
Beginning Fund Balance $ 236,671
Revenues and Other Sources 1,788,286
Expenditures and Other Uses 1,733,702
Ending Fund Balance $ 291.255
EEauipment Replacement Internal Service Fund
Beginning Fund Balance
$ 3,156,791
Revenues and Other Sources
1,206,958
Expenditures and Other Uses
853,350
Ending Fund Balance
$ 3,510,399
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.
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 December 14, 2021 by the AVON TOWN COUNCIL �pWN OF4k32
By:--.� '� Attest: S
Sarah Smith Hymes, M yor Brenda Torres, Town Clerk AL
Resolution No. 21-27
December 14, 2021
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