TC Resolution 24-32 Amending the 2024 Town of Avon Capital Projects Fund BudgetA
,ovon
COLORADO
RESOLUTION NO.24-32
AMENDING THE 2024 TOWN OF AVON CAPITAL PROJECTS FUND
BUDGET
WHEREAS, the Town Council of the Town of Avon has previously adopted the 2024
Capital Projects Fund budget; and
WHEREAS, the Town Council reviewed the revised estimated revenues and expenditures
for 2024; and
WHEREAS, the Town Council finds it necessary to amend the 2024 Capital Projects Fund
budget to more accurately reflect the revenues and expenditures for 2024; and
WHEREAS, upon due and proper notice, published or posted in accordance with the law,
the proposed supplemental amendment to the 2024 budget was open for inspection by the
public at a designated place, a public hearing was held on December 10, 2024, 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 Capital Projects Fund are
revised as follows for 2024:
Capital Proiects Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Resolution No. 24-xx
December 10, 2024
Page 1 of 2
Original or
Previously
Amended
2024 Budget
$ 15,508,981
16,576,996
21,258,237
7,885,035
Current
Proposed
Amended
2024 Budget
$ 15,508,981
16,492,331
24,125,375
$ 4,677,231
Section 2. That the Capital Projects Fund budget, as submitted, amended, and
hereinabove summarized by fund, 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 as hereby approved and adopted shall
be signed by the Mayor and made part of the public record of the Town.
ADOPTED December 10, 2024 by the AVON TOWN COUNCIL
By:/�
Amy ill ps, Mayor
Resolution No. 24-xx
December 10, 2024
Page 2 of 2
Attest: / I
Miguel Jauregui C