TC Resolution 24-31 Amending the 2024 Town of Avon Operating Funds BudgetsA
Avon
RESOLUTION NO.24-31
AMENDING THE 2024 TOWN OF AVON OPERATING FUND BUDGETS
WHEREAS, the Town Council of the Town of Avon has previously adopted the 2024
budget; and
WHEREAS, the Town Council reviewed the revised estimated revenues and
expenditures for all operating funds for 2024; and
WHEREAS, the Town Council finds it necessary to amend the 2024 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 following funds are revised
as follows for 2024:
General Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Resolution No. 24-31
December 10, 2024
Page 1 of 3
Original or Current
Previously Proposed
Amended Amended
2024 Budget 2024 Budget
$ 20,494,938
28,256,814
26,395,807
18,848,016
$ 21,941,899
28,740,807
31,085,807
$ 19,210,754
Community Enhancement Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
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. 24-31
December 10, 2024
Page 2 of 3
Original or
Previously
Amended
2024 Budget
$ 319,774
90,000
120,000
Current
Proposed
Amended
2024 Budget
$ 348,877
90,000
120,000
$ 289,774 $ 318,877
$ 430,706
522,000
616,321
$ 336,385
$ 3,048,139
2,018,443
4.196.550
$ 870,032
$ 198,222
25,000
40,000
$ 183,222
$ 82,602
25,000
45,440
$ 62,162
$ 40,745
962,124
962,124
$ 40,745
$ 430,706
182,000
213,321
$ 399,386
$ 3,048,138
2,018,423
4,204,600
� 861,961
$ 224,901
25,000
47,500
202,401
$ 94,062
25,000
45,440
73.622
$ 40,745
962,124
962.124
$ 40,745
Original or
Current
Previously
Proposed
Amended
Amended
2024 Budget
2024 Budget
Mobility Enterprise Fund
Beginning Fund Balance
$ 1,382,370
$ 896,717
Revenues and Other Sources
3,391,021
3,391,021
Expenditures and Other Uses
3,385,898
3,747,110
Ending Fund Balance
1,387,493
540.628
Fleet Maintenance Fund
Beginning Fund Balance
$ 508,846
$ 879,336
Revenues and Other Sources
2,199,596
2,199,596
Expenditures and Other Uses
2,199,034
2,265,493
Ending Fund Balance
$ 509,408
$ 813,439
Equipment Replacement Fund
Beginning Fund Balance
$ 4,812,821
$ 4,812,821
Revenues and Other Sources
1,639,922
1,799,998,
Expenditures and Other Uses
2,487,041
2,443,019
Ending Fund Balance
3,965,702
4,169,800
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 10, 2024 by the AVON TOWN COUNCIL
By: 4NO Attest: /""3
Amy Philli s, Mayor Miguel Jauregui Ca e
Resolution No. 24-31
December 10, 2024
Page 3 of 3
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