URA Res. 25-01 Summarizing Expenditures and Revenues and Adopting the 2026 URA BudgetA
Avon
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AVON URBAN RENEWAL AUTHORITY
RESOLUTION NO.25-01
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, 2026, AND
ENDING ON THE LAST DAY OF DECEMBER, 2026.
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 21, 2025; 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 11, November 18, and December 9, 2025 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 2026:
Avon Urban Renewal Authority
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Avon Urban Renewal Authority
Resolution No. 25-01
December 9, 2025
Page 1 of 2
2026
Proposed
Bum
$ 499,260
2,983,325
2,589,966
$ 892,619
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 9, 2025 by the AVON URBAN RENEWAL AUTHORITY BOARD
OF COMMISSIONERS
By: Attest*
TamirdN. UndeAvood, Chairwoman Pau dmond, Treasurer
CERTIFIED: �w 2r 41
V :SEAL'
Miguel Jauregui Ca n va, Auth ity. Clerk
Avon Urban Renewal Authority
Resolution No. 25-01
December 9, 2025
Page 2 of 2