URA Res. No. 2015-02 Amending the 2015 Avon URA BudgetAVON URBAN RENEWAL AUTHORITY
TOWN OF AVON, COLORADO
RESOLUTION NO. 15 -02
SERIES OF 2015
A RESOLUTION AMENDING THE
2015 AVON URBAN RENEWAL AUTHORITY BUDGET
WHEREAS, the Board of Commissioners of the Avon Urban Renewal Authority has
previously adopted the 2015 budget;
WHEREAS, the Board of Commissioners of the Avon Urban Renewal Authority reviewed
the revised estimated revenues and expenditures for all funds for 2015;
WHEREAS, the Board of Commissioners of the Avon Urban Renewal Authority finds it
necessary to amend the 2015 budget to more accurately reflect the revenues and expenditures for
2015;
WHEREAS, upon due and proper notice, published or posted in accordance with the law,
the proposed budget amendment to the 2015 budget was open for inspection by the public at a
designated place, a public hearing was held on November 11, 2014 and interested taxpayers were
given the opportunity to file or register any objections to the proposed budget amendment; 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 BOARD OF COMMISSIONERS
OF THE AVON URBAN RENEWAL AUTHORITY:
Section 1. That estimated revenues and expenditures for the Avon Urban Renewal Authority
are revised as follows for 2015:
Original or
Current
Previously
Proposed
Amended
Amended
2015 Budget
2015 Budget
Avon Urban Renewal Authority
Beginning Fund Balance
$ 776,835
$ 826,178
Revenues and Other Sources
701,303
701,303
Expenditures and Other Uses
680,454
720,454
Ending Fund Balance
$ 797.684
$ 807.027
Section 2. That the budget, as submitted and amended hereby is approved and adopted as the
budget of the Avon Urban Renewal Authority for the year stated above.
Section 3. That the budget hereby approved and adopted shall be signed by the Chairman
and made part of the public record of the Authority.
ADOPTED this 23rd day of June, 2015.
AVON URBAN RENEWA6AUTHORITY
Fancher, Chairman
ATTEST:
W
Scott Wright, Treasurer
CERTIFIED:
, _
Debbie Hoppe
Authority Clerk