TC Res. No. 1992-32RESOLUTION NO. 92-32
SERIES OF 1992
A RESOLUTION TO ADOPT THE 1993 TOWN OF AVON BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR EACH
FUNDAAND ADOPTING A BUDGET FOR THE TOWN OF AVON, COLORADO, FOR THE
CALENDAR YEAR BEGINNING ON THE FIRST'DAY OF JANUARY, 1993, AND
ENDING ON THE LAST DAY.OF DECEMBER, 1993.
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 on September 1, 1992 for its consideration; and
WHEREAS, upon due and proper notice, published or posted in
accordance with the law, said proposed budget was open for
inspection by the public at a designated place, a public hearing
was held on September 22, -1992 'and, "interested taxpayers were given
the opportunity to fiie'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 so that
the budget remains in the 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 1993:
General Fund $7,039,867
Public Works Fund 1,661,767
Debt Service Fund 576,755
Wildridge Special Assessments Fund 166,000
TOTAL EXPENDITURES 9,444,389
Section 2. That estimated revenues for each fund are as
follows:
General Fund
Revenues $7,070,561
Fund Balance 728,452
TOTAL GENERAL FUND $7,799,013
Public Works Fund
Revenues $1,688,225
Fund Balance 406,163
TOTAL PUBLIC WORKS FUNDS $2,094,388
Debt Service Fund
Revenues $ 576,755
TOTAL DEBT SERVICE FUND 576,755
Wildridge Special Assessments Fund
Revenues $ 185,100
Fund Balance 104,416
TOTAL FUND $ 289,516
Section 3. That the budget, as submitted 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 4. That the budget hereby approved and adopted shall
be signed by the Town Manager and made a part of the public
records of the Town.
ADOPTED this 27th day of October,,1992
TOWN OF AVON,- COLORADO
a - - t , " r
Je y Dav s, Mayor
ATTEST:
Patty Ney art, Town clerk