TC Resolution 25-17 Adopting the 2026 Town of Avon Operating Funds BudgetA
Avon
RESOLUTION NO.25-17
ADOPTING THE 2026 TOWN OF AVON OPERATING BUDGET
WHEREAS, the Town Council of the Town of Avon has appointed the town Manager to
prepare and submit a proposed budget to said governing body for its consideration; and
WHEREAS, upon due and proper notice, published and 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 comment 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 TOWN OF AVON:
Section 1. That estimated revenues and expenditures for the operating funds of the Town of Avon
are presented as follows for 2026:
2026 Proposed
Budget
General Fund
Beginning Fund Balance $ 19,345,817
Revenues and Other Sources 29,323,418
Expenditures and Other Uses 31,886,677
Ending Fund Balance 16,782,558
Community Enhancement Fund
Beginning Fund Balance $ 32,078
Revenues and Other Sources 90,000
Expenditures and Other Uses 0
Ending Fund Balance $ 122,078
Resolution No. 25-17
December 9, 2025
Page 1 of 3
2026 Proposed
Budge
Water Fund
Beginning Fund Balance $ 83,029
Revenues and Other Sources 199,000
Expenditures and Other Uses 131,330
Ending Fund Balance $ 150,699
Community Housing Fund
Beginning Fund Balance $ 1,359,394
Revenues and Other Sources 2,280,412
Expenditures and Other Uses 2,601,041
Ending Fund Balance 1,038,765
Exterior Energy Offset Fund
Beginning Fund Balance $ 138,146
Revenues and Other Sources 25,000
Expenditures and Other Uses 55,000
Ending Fund Balance $ 108,146
Disposable Paper Bag Fee Fund
Beginning Fund Balance $ 128,077
Revenues and Other Sources 45,000
Expenditures and Other Uses 73,100
Ending Fund Balance $ 99,977
Debt Service Fund
Beginning Fund Balance $ 11,043
Revenues and Other Sources 1,455,772
Expenditures and Other Uses 1,452,215
Ending Fund Balance $ 14,600
Mobility Enterprise Fund
Beginning Fund Balance $ 500,848
Revenues and Other Sources 6,021,306
Expenditures and Other Uses 2,927,064
Ending Fund Balance 4,534,112
Resolution No. 25-17
December 9, 2025
Page 2 of 3
2026 Proposed
Budget
Fleet Maintenance Enterprise Fund
Beginning Fund Balance $ 1,673,395
Revenues and Other Sources 2,957,501
Expenditures and Other Uses 2,447,844
Ending Fund Balance 2,183,052
Equipment Replacement Internal Service Fund
Beginning Fund Balance $ 5,363,643
Revenues and Other Sources 2,161,322
Expenditures and Other Uses 670,843
Ending Fund Balance 6,854,122
Avon Downtown Development Authority
Beginning Fund Balance $ 160,858
Revenues and Other Sources 510,192
Expenditures and Other Uses 299,306
Ending Fund Balance $ 371,744
Section 2. That the budget, as submitted, amended, and hereinabove 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 December 025 by the AVON TOWN COUNCIL
By: Attest:
Ta a N. Underwood Mayor Miguel Jauregui Casan ev
Resolution No. 25-17
December 9, 2025
Page 3 of 3
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