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TC Res. No. 1994-04TOWN OF AVON RESOLUTION NO. 94 --4 SERIES OF 1994 A RESOLUTION MAKING A SUPPLEMENTAL APPROPRIATION FOR THE YEAR ENDING DECEMBER 31, 1993 WHEREAS, the Town Council of the Town of Avon has heretofore adopted a revised budget for the year ending December 31, 1993, and appropriated money for the purposes set forth therein; and WHEREAS, it is the desire of the Town Council to make a supplemental appropriation of all unspent revenues available on December 31, 1993, whether from the fiscal year 1993 or earlier years; NOW, THEREFORE, be it resolved by the Town Council of the Town of Avon, Colorado, as follows 1. The 1993 year end amount of $1,279,648 be and the same hereby is appropriated as a reserve increase. 2. Any and all year end fund balances shall be considered a reserve increase and therefore a part of 1993 "fiscal year spending" within the meaning of Article X, Section 20(2)(e) of the Colorado Constitution. ADOPTED at the regular meeting of the Town Council of the Town of Avon, Colorado, this 25th day of January , 1994. Al ert Re s, Mayor ATTEST: - 1 la~ Y\\O~ Patty Ne art, 76~qn Clerk