TC Resolution 25-22 Amending the 2025 Town of Avon BudgetA
Avon
COLORADO
TOWN OF AVON, COLORADO
RESOLUTION NO.25-22
A RESOLUTION TO AMEND THE 2025 TOWN OF AVON BUDGET
WHEREAS, the Town Council of the Town of Avon has previously adopted the
2025 budget; and
WHEREAS, the Town Council has reviewed the revised estimated revenues and
expenditures for 2025; and
WHEREAS, the Town Council finds it necessary to amend the 2025 budget to
more accurately reflect the revenues and expenditures for 2025; 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 2025:
Original or
Previously
Amended
2025 Budget
General Fund
Beginning Fund Balance
$ 19,460,781
Revenues and Other Sources
27,804,762
Expenditures and Other Uses
28,876,525
Ending Fund Balance 18,389,018
Res. No. 25-22
September 23, 2025
Page 1 of 2
Current
Proposed
Amended
2025 Budget
$ 22,150,781
27,879,762
30,557,726
19,472,817
Original or
Current
Previously
Proposed
Amended
Amended
2025 Budizet
2025 Budget
Capital Proiects Fund
Beginning Fund Balance
$ 4,677,231
$ 19,615,081
Revenues and Other Sources
12,967,000
15,412,750
Expenditures and Other Uses
10,914,688
23,504,089
Ending Fund Balance
6,729,543
11.523.742
Original or
Current
Previously
Proposed
Amended
Amended
2025 Budcet
2025 Budget
Mobility Fund
Beginning Fund Balance
$ 845,094
$ 800,802
Revenues and Other Sources
2,588,967
2,588,967
Expenditures and Other Uses
2,832,223
2,888,923
Ending Fund Balance
$ 601,838
$ 500.846
Section 2. That the budget, as submitted, amended, and herein above 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 23'h September, 2025.
AVON TOWN COUNCIL
B d:)il — 0�0 f
Ta a N. Underwood, Mayor
Res. No. 25-22
September 23, 2025
Page 2 of 2
Attest:
Migue