TC Res. No. 2004-41 AMEND THE 2004 TOWN OF AVON BUDGETTOWN OF AVON, COLORADO
RESOLUTION NO. 04-41
SERIES OF 2004
A RESOLUTION TO AMEND THE 2004 TOWN OF AVON BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES AND
AMENDING THE 2004 CAPITAL PROJECTS FUND BUDGET FOR THE TOWN OF
AVON, COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST
DAY OF JANUARY, 2004, AND ENDING ON THE LAST DAY OF DECEMBER,
2004.
WHEREAS, the Town Council of the Town of Avon has adopted the 2004
Capital Projects Fund budget; and
WHEREAS, the Town Council has reviewed the revised estimated revenues and
expenditures for 2004; and
WHEREAS, the Town Council finds it necessary to amend the 2004 Capital
Projects Fund budget to more accurately reflect the revenues and expenditures for 2004;
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 2004:
Original or
Previously
Amended
2004
Budget
Capital Projects Fund
Beginning Fund Balance $ 3,597,755
Revenues and Other Sources 2,452,788
Expenditures and Other Uses 3,163,292
Current
Proposed
Amended
2004
Budget
$ 4,112,193
2,745,569
1,733,292
Ending Fund Balance 2.887.251 $ 5,124,470
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 9t' day of November, 2004.
.1t1 ®F ~y®A TOWN OF AVON, COLORADO
o'
S E A nJ
Albert D. Reynolds, Ma
ATTEST:
Patty cl enny
Town rk
2