TC Resolution 23-26 Amending The 2023 Town of Avon Operating Fund BudgetsA
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RESOLUTION NO.23-26
AMENDING THE 2023 TOWN OF AVON OPERATING FUND BUDGETS
WHEREAS, the Town Council of the Town of Avon has previously adopted the 2023
budget; and
WHEREAS, the Town Council reviewed the revised estimated revenues and
expenditures for all operating funds for 2023; and
WHEREAS, the Town Council finds it necessary to amend the 2023 budget to more
accurately reflect the revenues and expenditures for 2023; and
WHEREAS, upon due and proper notice, published or posted in accordance with the
law, the proposed supplemental amendment to the 2023 budget was open for inspection
by the public at a designated place, a public hearing was held on December 12, 2023 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 or planned to be expended from reserves/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 following funds are revised
as follows for 2023:
General Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Original or Current
Previously Proposed
Amended Amended
2023 Budget 2023 Budget
$ 20,311,855 $ 20,311,855
24,796,582 25,856,807
26,260,421 26,743,751
18,848,016 19,424.911
Original or
Current
Previously
Proposed
Amended
Amended
Resolution No. 23-26
December 12, 2023
Page 1 of 3
2023 Budget 2023 Budget
Community Enhancement Fund
Beginning Fund Balance $ 301,421 $ 377,774
Revenues and Other Sources 82,000 82,000
Expenditures and Other Uses 140,000 140,000
Ending Fund Balance
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
Resolution No. 23-26
December 12, 2023
Page 2 of 3
$ 243,421 $ 319,774
$ 1,008,885
762,000
1.295.316
$ 1,008,885
762,000
1.307.816
$ 475,569 $ 463,069
$ 1,628,440
1,836,352
2,295,493
$ 1,169,299
$ 198,222
25,000
41,000
182,222
$ 168,009
55,000
140,407
82,602
$ 35,942
963,142
963,142
$ 35,942
Original or
Previously
Amended
$ 1,628,440
1,836,362
2,295,493
1,169.299
$ 212,282
25,000
41.000
$ 196.282
$ 168,009
55,000
140,407
$ 102,151
$ 35,942
963,142
963,142
35,942
Current
Proposed
Amended
Mobility Enterprise Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Fleet Maintenance Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Equipment Replacement Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
2023 Budget
$ 1,382,370
3,097,344
3,780,660
$ 699,054
$ 532,448
2,375,514
3,000,082
506,646
$ 4,257,684
1,989,757
2,512,988
3,734,453
2023 Budget
$ 1,382,370
3,098,344
3,830,882
$ 649.832
$ 532,448
3,043,030
3,066,632
$ 508,846
$ 4,257,684
1,989,757
2,512,988
3,734.453
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.
AD
By: I
Amy
12, 2023 by the AVON TOWN COUNCIL
Attest: , /
Miguel Jauregui CaOiueva, T
OFg0N
. ate A L
Clerk
Resolution No. 23-26
December 12, 2023
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