TC Res. No. 2003-30TOWN OF AVON, COLORADO
RESOLUTION NO. 03-30
SERIES OF 2003
A RESOLUTION TO AMEND THE 2003 TOWN OF AVON BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES
BY FUND AND AMENDING THE 2003 BUDGET FOR THE TOWN OF AVON,
COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY
OF JANUARY, 2003, AND ENDING ON THE LAST DAY OF DECEMBER, 2003.
WHEREAS, the Town Council of the Town of Avon has adopted the 2003
budget; and
WHEREAS, the Town Council reviewed the revised estimated revenues and
expenditures for 2003; and
WHEREAS, the Town Council finds it necessary to amend the 2003 budget to
more accurately reflect the revenues and expenditures for 2003; 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 2003:
Original or
Previously
Amended
2003
Budget
Capital Proiects Fund
Beginning Fund Balance $ 2,489,887
Revenues and Other Sources 2,501,149
Expenditures and Other Uses 1,882,271
Current
Proposed
Amended
2003
Budget
$ 2,489,887
2,501,149
1,939,212
Ending Fund Balance 3,108,765 3,051.824
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
Town Manager and made part of the public record of the Town.
ADOPTED this 22"d day of July, 2003.
ATTEST:
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TOWN OF AVON, COLORADO
Albert D. Reynolds, Ma or
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