DDA Res. 25-02 Adopting the 2026 BudgetA
Avo n
AVON DOWNTOWN DEVELOPMENT AUTHORITY
RESOLUTION 25-02
ADOPTING THE 2026 BUDGET
WHEREAS, the Board of Directors of the Avon Downtown Development Authority has
directed the Authority's Executive Director to prepare and submit a proposed budget for its
consideration; and
WHEREAS, the proposed 2026 Budget has been presented to the Board and notice of a public
hearing has been properly posted for 3pm on November 3, 2025; 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 DOWNTOWN
DEVELOPMENT AUTHORITY that the Board of Directors of the Avon Downtown
Development Authority hereby adopt the following 2026 budget:
2026
Budget
Avon Downtown Development Authority
Beginning Fund Balance $ 147,206
Revenues and Other Sources 510,192
Expenditures and Other Uses 299,306
Ending Fund Balance $ 358,092
ADOPTED NOVEMBER 3, 2025 by the AVON DOWNTOWN DEVELOPMENT
AUTHORITY BOARD OF DIRECTORS.
By: Attest: "//�Z G /
Ton mrick, Chairman Chris Neuswanger, Secretary
Avon Downtown Development Authority
Resolution No. 25-02 — Adopting 2026 Budget
November 3, 2025
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