TC Res. No. 1996-01RESOLUTION NO. 96-1
SERIES OF 1996
A RESOLUTION TO AMEND THE 1996 TOWN OF AVON BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR EACH
FUND AND AMENDING THE 1996.BUDGET FOR THE TOWN OF AVON FOR THE'
CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 1996 AND
ENDING ON THE LAST DAY OF DECEMBER, 1996.
WHEREAS, the Town Council of the Town of Avon has adopted the
1996 budget; and
WHEREAS, the Town Council reviewed the revised estimated revenue
and expenditures for 1996; and
WHEREAS, the Town Council finds it necessary to amend the 1996
budget'to more accurately reflect the revenues and expenditures for
1996; and
WHEREAS, whatever increases may have been made in the expenditur
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 1996:
1996
ADOPTED
BUDGET
General Fund
Marketing (Sister City) 6,300
Attorney (Railroad Crossing Counsel) ----------0 -
Total General Fund Expenditures $6,300
Public Works Fund
1996
AMENDED
BUDGET
0
----25,000
- -
$25,000
Nottingham Station Inspections 0 10,000
Public Works Facility/Site -----250,000 ,256,700
Total Public Works Fund Expenditures $250,000 $266,700
Avon Metropolitan District
Water Enterprise Fund
(See attached for detail) 0 999,356
Total Water Enterprise Fund Expenditures $0 $999.,356
Section 2. That estimated revenues for the funds are as
follows for 1996:
1996
ADOPTED
BUDGET
General Fund
Fund Balance
Total General Funds
Public Works Fund
Other (Canyon Run LLC)
Fund Balance
Total Public Works Funds
Avon Metropolitan District
Water Enterprise Fund
(See attached for detail)
Total Water Enterprise Fund Revenues
6,300
$6,300
0
250,000
$250,000
0
$0
1996
AMENDED
BUDGET
20,000
$20,000
10,000
256,700
$266,700
1,878,460
$1,878,460
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 23rd day of January, 1996.
AT T:
i
P tty Neyha t, Town Clerk
TOWN OF AVON, COLORADO
Bert Rey6olds / Mbi or