TC Res. No. 1994-17RESOLUTION NO. 94-17
SERIES OF 1994_
A RESOLUTION TO AMEND THE 1994 TOWN OF AVON BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR EACH
FUND AND AMENDING THE 1994 BUDGET FOR THE TOWN OF AVON FOR THE
CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 1994 AND
ENDING ON THE LAST DAY OF DECEMBER, 1994.
WHEREAS, the Town Council of the Town of Avon has adopted the
1994 budget; and
WHEREAS, the Town Council reviewed the revised estimated revenues
and expenditures for 1994; and
WHEREAS, the Town Council finds it necessary to amend the 1994
budget to more accurately reflect the revenues and expenditures for
1994; 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 1994:
1994
AMENDED
BUDGET
General Fund
Expenditures
Aquatic Ctr Start-up Costs
Transfer to Public Works Fund
Transfer to Debt Service Fund
Total General Fund Expenditures
8,052,928
125,000
313,488
206,850
$8,698,266
Public Works Fund
Expenditures 9,654,052
Total Public Works Fund Expenditures $9,654,052
Debt Service Fund
Expenditures 765,681
Total Debt Service Fund Expenditures $765,681
Section 2. That estimated revenues for the funds, are as
follows for 1994:
'1994
AMENDED
BUDGET
General Fund
Revenues
Fund Balance
Total General Fund Revenues
Public Works Fund
Revenues
Fund Balance
Total Public Works Fund Revenues
Debt Service Fund
Revenues
Fund Balance
Total Debt Service Fund Revenues
8,644,551
53,715
$8,698,266
8,042,018
1,611,974
$9,654,052
732,656
33,025
$765,681
Section 3. That the budget, as submitted, amended, and
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 26th day.of April, 1994
TOWN OF AVON, COLORADO
Albert Reyno s,'May6r-
ATTEST:
Patty.Ne' art Town Clerk