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TC Resolution 26-02 Amending the 2026 Town of Avon BudgetA ,ovon COLORADO TOWN OF AVON, COLORADO RESOLUTION NO.26-02 A RESOLUTION TO AMEND THE 2026 TOWN OF AVON BUDGET WHEREAS, the Town Council of the Town of Avon has previously adopted the 2026 budget; and WHEREAS, the Town Council has reviewed the revised estimated revenues and expenditures for 2026; and WHEREAS, the Town Council finds it necessary to amend the 2026 budget to more accurately reflect the revenues and expenditures for 2026; 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 2026: General Fund Beginning Fund Balance Revenues and Other Sources Expenditures and Other Uses Ending Fund Balance Res. No. 26-02 February 10, 2026 Page 1 of 2 Original or Previously Amended 2026 Budget $ 19,345,817 29,323,428 31,886,676 $ 16.782.569 Current Proposed Amended 2026 Budget $ 21,336,254 29,323,428 32,936,676 17,723,006 Original or Previously Amended 2026 Budget 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 Current Proposed Amended 2026 Budget $ 3,740,516 2,280,412 3,551,041 2,469,887 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 loth February, 2025. AVON TOWN COUNCIL By: I I Attest: Tam N. Underwood, Mayor Miguel Jauregui Res. No. 26-02 February 10, 2026 Page 2 of 2 �NOFAF s T Town C rl' SEA