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TC Res. No. 1992-14RESOLUTION NO. 92-14 SERIES OF 1992 A RESOLUTION TO AMEND THE 1992 TOWN OF AVON BUDGET A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR EACH FUND AND AMENDING THE 1992 BUDGET FOR THE TOWN OF AVON, COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 1992 AND, ENDING ON THE LAST DAY OF DECEMBER, 1992. WHEREAS, the Town Council of the Town of Avon has adopted the 1992 budget; and WHEREAS, the Town Council reviewed the revised estimated revenues and expenditures for 1992; and WHEREAS; the Town Council finds it necessary-to amend the 1992 budget to more accurately reflect the revenues and expenditures for 1992; 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 11 c OF.AVON', COLORADO: Section 1. That estimated expenditures for each fund are as follows for 1992: 1992 ORIGINAL BUDGET 1992 AMENDED BUDGET Public Works Fund Recreation Complex Railroad Crossing Public Works Facility Traffic/Transportation Playground Streetscape Design Recreation Master Plan Housing Plan Transfer to TC Spec Assmt Dist 3,500,000 246,137 0 485,000 75,000 450,000 - 9,000 0 100,000 288,-880 .750,000 0 137,000 0 6,000 8,000 663',180 Total Public Works Fund Expenditures 4,765,137 1,953,060 Town Ctr Special Assessment District Construction 0 Total TC Spec Assmt Dist Expenditures 0 Section 2. That estimated revenues for the funds are as follows for 1992: 1992 ORIGINAL BUDGET Public Works Fund Bond Proceeds 2,600,000 Transfer from Mall Fund 205,862 Contributions: Railroad Crossing 123,068 Total Public Works Fund Revenues 2,928,930 Town Ctr Special Assessment District Town of Avon 0 Bonds 0 Total Town Ctr Spec Assmnt Dist Revenues 0 Section 3. That the budget, as submitted, amended, and 1,542,644 1,542,644 1992 AMENDED BUDGET 750,000 0 262,113 1,012,113 663,180 879,464 1,542,644 hereinabove summarized by fund, hereby is approved and adopted as the budget of the Town of Avon for the year stated above. Section 4. That the budget hereby approved and adopted shall be signed by the Town Manager and made part of the public records of the Town. ADOPTED this 24th day of March, 1992 TOWN OF AVON, COLORADO 0 UA, ( 0~~ Jer y Davi , Mayor ATTEST: Patty Ney art, own Clerk