TC Res. No. 2015-09 Amended Avon BudgetTOWN OF AVON, COLORADO
RESOLUTION NO. 15 -09
SERIES OF 2015
A RESOLUTION TO AMEND THE 2015 TOWN OF AVON BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES BY
FUND AND AMENDING THE 2015 BUDGET FOR THE TOWN OF AVON,
COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY
OF JANUARY, 2015 AND ENDING ON THE LAST DAY OF DECEMBER, 2015
WHEREAS, the Town Council of the Town of Avon has previously adopted the
2015 budget; and
WHEREAS, the Town Council reviewed the revised estimated revenues and
expenditures for all operating funds for 2015; and
WHEREAS, the Town Council finds it necessary to amend the 2015 budget to
more accurately reflect the revenues and expenditures for 2015; 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 funds are
revised as follows for 2015:
General Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Res. No. 15 -09
May 26, 2015
Page 1 of 2
Original or
Previously
Amended
2015 Budget
$ 3,315,036
15,163,046
13,849,405
4.628.677
Current
Proposed
Amended
2015 Budget
$ 4,464,298
15,186,258
14,690,988
4.959.568
Water Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Debt Service Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Transit Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Fleet Maintenance Fund
Original or
Current
Previously
Proposed
Amended
Amended
2015 Budget
2015 Budget
$ 844,469
$ 916,230
170,000
170,000
165.238
185.286
$ 849,231 $ 900,944
$ 511,335 $ 507,988
1,350,507 1,105,345
1,350,507 1,105,345
$ 511,335 $ 507,988
$ 495,562 $ 639,476
1,796,337 1,921,337
1,869,598 2,029,119
$ 422,301 $ 531,694
Beginning Fund Balance $ 179,389 $ 204,027
Revenues and Other Sources 1,672,358 1,672,358
Expenditures and Other Uses 1,688,919 1,698,851
Ending Fund Balance $ 162.828 $ 177,533
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
Mayor and made part of the public record of the Town.
ADOPTED this 28th day of April, 2015.
AVON TOWN COUNCIL
-t d � Attest:
Je ie Fancher, Mayor Debbie Hoppe, Town 1 rk
Res. No. 15 -09
May 26, 2015
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