TC Resolution 25-16 Amending the 2025 Town of Avon Capital Projects Fund BudgetA
Avo n
RESOLUTION NO.25-16
AMENDING THE 2025 TOWN OF AVON CAPITAL PROJECTS FUND
BUDGET
WHEREAS, the Town Council of the Town of Avon has previously adopted the 2025
Capital Projects Fund budget; and
WHEREAS, the Town Council reviewed the revised estimated revenues and expenditures
for 2025; and
WHEREAS, the Town Council finds it necessary to amend the 2025 Capital Projects Fund
budget to more accurately reflect the revenues and expenditures for 2025; 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 9, 2025, 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 Capital Projects Fund are
revised as follows for 2025:
Capital Projects Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Resolution No. 25-16
December 9, 2025
Page 1 of 2
Original or
Previously
Amended
2025 Budget
$ 19,615,081
15,412,750
23,504,089
11,523,742
Current
Proposed
Amended
2025 Budget
$ 19,615,081
15,412,750
23,675,187
11,352,643
Section 2. That the Capital Projects Fund budget, as submitted, amended, and
hereinabove summarized by fund, hereby is approved and adopted as the capital program
budget of the Town of Avon for the year stated above.
Section 3. That the Capital Projects Fund budget as hereby approved and adopted shall
be signed by the Mayor and made part of the public record of the Town.
N OF q
ADOPTED December 9, 2025 by the AVON TOWN COUNCIL
-A L.
By: Attest:
Taml& N. Underwood, Mayor Miguel Jauregui Casar Ae la, Town r • •... •
Resolution No. 25-16
December 9, 2025
Page 2 of 2