TC Resolution 26-04 Amending the 2026 BudgetA
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C 0 L 0 Q A 0 0
TOWN OF AVON, COLORADO
RESOLUTION NO.26-04
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 expenditure, 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. 26-04
April 21, 2026
Page 1 of 2
Original or
Previously
Amended
2026 Budget
$ 19,345,817
29,323,418
31,886,677
16,782,558
Current
Proposed
Amended
2026 Budget
$ 20,503,101
29,323,428
30,523,166
19.303.362
Original or
Current
Previously
Proposed
Amended
Amended
2026 Budget
2026 Budget
Capital Proiects Fund
Beginning Fund Balance
$ 11,352,644
$ 13,364,914
Revenues and Other Sources
14,018,925
11,518,925
Expenditures and Other Uses
18,991,676
19,184,741
Ending Fund Balance
6,379,893
5,699,098
Community Housing Fund
Beginning Fund Balance
$ 1,359,394
$ 3,655,580
Revenues and Other Sources
2,280,412
2,316,439
Expenditures and Other Uses
2,601,041
5,620,597
Ending Fund Balance
1,038,765
$ 351.422
Equipment Replacement Fund
Beginning Fund Balance
$ 5,363,643
$ 5,527,034
Revenues and Other Sources
2,161,322
2,161,322
Expenditures and Other Uses
670,843
473,801
Ending Fund Balance
6,854,122
6,764,55
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 28th April, 2026.
OF
AVON TOWN CO NCIL
s ri A L :
By: 0N.Underwood,
Attest:
TaMayor Miguel Jauregui Casan v , Town Cle
Res. No. 26-04
April 21, 2026
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