TC Res. No. 1999-58RESOLUTION NO. 99-58
SERIES OF 1999
A RESOLUTION TO AMEND THE 1999 TOWN OF AVON BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES BY
FUND AND AMENDING THE 1999 BUDGET FOR THE TOWN OF AVON,
COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF
JANUARY, 1999, AND ENDING ON THE LAST DAY OF DECEMBER, 1999.
WHEREAS, the Town Council of the Town of Avon has adopted the 1999
budget; and
WHEREAS, the Town Council reviewed the revised estimated revenues and
expenditures for 1999; and
WHEREAS, the Town Council finds it necessary to amend the 1999 budget to
more accurately reflect the revenues and expenditures for 1999; 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 revenues and expenditures for the following fund is as
follows for 1999:
Original or
Current
Previously
Proposed
Amended
Amended
1999
1999
Bind et
Budget
General Fund
Beginning Fund Balance
$ 4,586,442
$ 5,407,946
Revenues and Other Sources
9,550,619
9,442,329
Expenditures and Other Uses
10,248,464
10,419,109
Ending Fund Balance
$ 3,888,597
$ 4,431,166
1
Mall Maintenance Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Fire Operations Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Debt Service Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Wildridge Special Improvement District Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Original or
Previously
Amended
1999
Budget
$ 0
76,209
76,209
$ 0
Original or
Previously
Amended
1999
Budget
$ 0
2,050,087
2,050,087
$ 0
Original or
Previously
Amended
1999
Budget
$ 915,952
1,858,357
1,858,357
$ 915,952
Original or
Previously
Amended
1999
Budget
$ 39,922
79,191
116,500
$ 2,613
Current
Proposed
Amended
1999
Budget
$ 16,539
76,209
77,701
$ 15,047
Current
Proposed
Amended
1999
Budget
$ 29,051
2,095,750
2,095,750
$ 29,051
Current
Proposed
Amended
1999
Budget
$ 374,598
1,278,798
1,529,637
$ 123,762
Current
Proposed
Amended
1999
Budget
$ 48,270
78;191
103,500
$ 22,961
2
Avon Metropolitan District Fund
Beginning Fund, Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Finance Authority Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Water Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Transit Enterprise Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Original or
Previously
Amended
1999
Budget
$ 163,494
573,136
699,538
$ 37,092
Original or
Previously
Amended
1999 `
Budget
$
0
0
0
$ 0
Original or
Previously
Amended
1999
Budget
$ 1,366,937
417,850
105,638
$ 1,679,149
Original or
Previously
Amended
1999
Budget
$ 0
3,630,141
3,630,141
$ 0
Current
Proposed
Amended
1999
Budget
$ 163,494
573,136
699:538
$ 37,092
Current
Proposed
Amended
1999
Budget
$ 563,570
563,540
563,540
$ 563,570
Current
Proposed
Amended
1999
Budget
$ 1,445,840
417,850
151,486
$ 1,712,204
Current
Proposed
Amended
1999
Budget
$ 94,482
3,541,790
3,541,790
$ 94,482
3
Fleet Maintenance Internal Service Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Equipment Replacement Internal Service
Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Original or
Previously
Amended
1999
Budget
l
$ 0
1,476,772
1,456,475
$ 20,297
Original or
Previously
Amended
1999
Budget
$ 0
591,785
494,901
$ 96,884
Current
Proposed
Amended
1999
Budget
$ 21,987
1,398,612
1,440,134
$ (19,535)
Current
Proposed
Amended
1999
Budget
$ 0
591,785
494,901
$ ' 96,884
Section 2. 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 3. That the budget hereby approved and adopted shall be signed by the
Mayor and made part of the public record of the Town.
ADOPTED this 23' day of November, 1999.
TOWN OF AVON, COLORADO
dy Yo Or
ayor
4
Town Clerk