URA Res. 24-01 Summarizing Expenditures and Revenues and Adopting the 2025 URA BudgetA
Avon
AVON URBAN RENEWAL AUTHORITY
RESOLUTION NO.24-01
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES AND
ADOPTING A BUDGET FOR THE AVON URBAN RENEWAL AUTHORITY FOR
THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 2025, AND
ENDING ON THE LAST DAY OF DECEMBER, 2025.
WHEREAS, the Board of Commissioners of the Avon Urban Renewal Authority has directed
the Authority's Executive Director to prepare and submit a proposed budget for its consideration;
and
WHEREAS, Paul Redmond, Treasurer, has submitted a proposed budget and held a budget
retreat with said governing body on October 22, 2024; and
WHEREAS, upon due and proper notice, published or 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 12, November 19, and December 10, 2024 and interested taxpayers
were given the opportunity to file or register any objections 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 reserves/fund balances so that the budget
remains in balance, as required by law.
NOW, THEREFORE, BE IT RESOLVED BY THE AVON URBAN RENEWAL
AUTHORITY:
Section 1. That estimated revenues and expenditures for the Avon Urban Renewal Authority are
as follows for 2025:
Avon Urban Renewal Authority
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Avon Urban Renewal Authority
Resolution No. 24-01
December 10, 2024
Page 1 of 2
2025
Proposed
Budge_
$ 512,694
2,912,197
2,603,194
$ 821,697
Section 2. That the budget, as submitted, hereby is approved and adopted as the budget of the
Avon Urban Renewal Authority for the year stated above.
Section 3. That the budget hereby approved and adopted shall be signed by the Chairman and
made part of the public record of the Authority.
ADOPTED December 10, 2024 by the AVON URBAN RENEWAL AUTHORITY BOARD
OF COMMISSIONERS
By: 6
y Phillips, Chairwoman
CERTIFIED:
Miguel Jauregui
Avon Urban Renewal Authority
Resolution No. 24-01
December 10, 2024
Page 2 of 2
Attest:
Paul Redmond, Treasurer
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