TC Res. No. 2003-47TOWN OF AVON, CO
RESOLUTION NO. 03-47
SERIES OF 2003
A RESOLUTION TO AMEND THE 2003 TOWN OF AVON BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES AND
AMENDING THE 2003 CAPITAL PROJECTS FUND 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, 2002.
WHEREAS, the Town Council of the Town of Avon has adopted the 2003
Capital Projects Fund budget; and
WHEREAS, the Town Council has reviewed the revised estimated revenues and
expenditures for 2003; and
WHEREAS, the Town Council finds it necessary to amend the 2003 Capital
Projects Fund 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 Capital Projects
Fund is revised as follows for 2003:
Original or
Previously
Amended
2003
Budget
Capital Projects Fund
Beginning Fund Balance $ 2,489,887
Revenues and Other Sources 2,501,149
Expenditures and Other Uses 1,974,212
Current
Proposed
Amended
2003
Budget
$ 2,489,887
3,651,917
2,544,049
Ending Fund Balance $ 3.016.824 3,597,755
Section 2. That the Capital Projects Fund budget, as submitted, amended, and
hereinabove summarized, hereby is approved and adopted as the capital program budget
of the Town of Avon for the year stated above.
Section 3. That the Capital Projects Fund budget hereby approved, amended, and
adopted shall be signed by the Town Manager and made part of the public record of the
Town.
ADOPTED this 25 h day of November, 2003.
ATTEST:
FILL
Patty c
Town
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TOWN OF AVON, COLORADO
1
Albert D. Reynolds, M or
2