TC Res. No. 1989-400 f
RESOLUTION NO. 89-40
SERIES OF 1989
A RESOLUTION TO AMEND THE 1989 TOWN OF AVON BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR
EACH FUND AND AMENDING THE 1989 BUDGET FOR THE TOWN OF AVON,
COLORADO,)- FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY
OF JANUARY, 1989 AND, ENDING ON THE LAST DAY OF DECEMBER, 1989.
WHEREAS, the Town Council of the Town of Avon has adopted
the 1989 budget; and
WHEREAS, the Town Council reviewed the revised estimated
revenues and expenditures for 1989; and
WHEREAS, the Town Council finds it necessary to amend the
1989 budget to more accurately reflect the revenues and
expenditures for 1989; 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 expenditures for each fund are
as follows for 1989:
1989 1989
Budget Amended
Budget
General Fund $3,297,653 $3,692,946
Public Works Fund 410,790 274,355
Debt Service Fund 442,310 442,310
$4,150,753 $4,409,611
U
•
Section 2. That estimated revenues for each fund are
as follows:
General Fund
Revenues $3,120,016 $3,662,332
Fund Balance 177,637 30,614
Total General Fund $3,297,653 $3,692,946
Public Works Fund
Revenues $ 260,000 $ 746,000
Fund Balance 150,790
$ 410,790 $ 746,000
Debt Service
Revenues $ 381,000 $ 381,614
Fund Balance 61,310 60,696
$ 442,310 $ 442,310
Section 3. That the
hereinabove summarized by
as the budget of the Town
Section 4. That the
shall be signed by the To,
records of the Town.
budget, as submitted, amended, and
fund, hereby is approved and adopted
of Avon for the year stated above.
budget hereby approved and adopted
ran Manager and made part of the public
ADOPTED this 12th day of December, 1989.
TOWN OF AVON, COLORADO
41-
Al an Notti am, Mayor
-2-