TC Res. No. 2006-44 AMEND THE 2006 TOWN OF AVON BUDGETTOWN OF AVON, COLORADO
RESOLUTION NO. 06-44
SERIES OF 2006
A RESOLUTION TO AMEND THE 2006 TOWN OF AVON BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES AND AMENDING
THE 2006 CAPITAL PROJECTS FUND BUDGET FOR THE TOWN OF AVON,
COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF
JANUARY, 2006, AND ENDING ON THE LAST DAY OF DECEMBER, 2006.
WHEREAS, the Town Council of the Town of Avon has adopted the 2006 Capital
Projects Fund budget; and
WHEREAS, the Town Council has reviewed the revised estimated revenues and
expenditures for 2006; and
WHEREAS, the Town Council finds it necessary to amend the 2006 Capital Projects
Fund budget to more accurately reflect the revenues and expenditures for 2006; 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 2006:
Original or
Previously
Amended
2006
Budget
Capital Proiects Fund
Beginning Fund Balance $ 7,457,796
Revenues and Other Sources 4,544,270
Expenditures and Other Uses 8,673,560
Current
Proposed
Amended
2006
Bgdget
$ 7,457,796
4,594,974
5,979,259
Ending Fund Balance 3,328,506 6,073,511
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 14`x' f November, 2006.
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TO A ON CO
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=1~. C' t €1 l RIP .
ATTEST:
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Ronald C. Wolfe, Mayor
Resolution No. 06-44 - Final Amended CIP - 2006
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