TC Resolution 22-20 Amending the 2022 Town of Avon BudgetA
,ovon
COLORADO
TOWN OF AVON, COLORADO
RESOLUTION NO.22-20
A RESOLUTION TO AMEND THE 2022 TOWN OF AVON BUDGET
WHEREAS, the Town Council of the Town of Avon has previously adopted the
2022 budget; and
WHEREAS, the Town Council has reviewed the revised estimated revenues and
expenditures for 2022; and
WHEREAS, the Town Council finds it necessary to amend the 2022 budget to
more accurately reflect the revenues and expenditures for 2022; and
WHEREAS, the Town Council has caused to be published a notice containing the
date and time of a public hearing at which the adoption of the proposed budget amendment
will be considered and a statement that the proposed budget amendment is available for
public inspection at the office of the Town Clerk located in the Avon Town Hall during
normal business hours, and that any interested elector of the Town of Avon may file any
objection to the proposed budget amendment at any time prior to the final adoption of 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 following funds are
revised as follows for 2022:
General Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Res. No. 22-20
September 13, 2022
Page 1 of 2
Original or
Previously
Amended
2022 Budget
$ 12,664,061
22,429,209
22,632,937
12,460,333
Current
Proposed
Amended
2022 Budget
$ 14,567,561
25,428,893
23,156,197
16,840,257
Original or
Current
Previously
Proposed
Amended
Amended
2022 Budget
2022 Budget
Community Housing Fund
Beginning Fund Balance
$ 1,303,309
$ 1,303,307
Revenues and Other Sources
1,405,767
1,680,767
Expenditures and Other Uses
2,351,018
2,479,569
Ending Fund Balance
358,058
504 505
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 this 131h September, 2022.
AVON TOWN COUNCIL
By: (4/YYV4"
Sarah Smith Hymes, M for
Res. No. 22-20
September 13, 2022
Page 2 of 2
Attest:
Brenda Torres, Town
AWN OF
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