TC Resolution 17-06 Amend the 2017 Town of Avon BudgetTOWN OF AVON, COLORADO
RESOLUTION NO. 17-06
SERIES OF 2017
A RESOLUTION TO AMEND THE 2017 TOWN OF AVON BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES BY
FUND AND AMENDING THE 2017 BUDGET FOR THE TOWN OF AVON,
COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY
OF JANUARY, 2017 AND ENDING ON THE LAST DAY OF DECEMBER, 2017
WHEREAS, the Town Council of the Town of Avon has previously adopted the
2017 budget; and
WHEREAS, the Town Council reviewed the revised estimated revenues and
expenditures for all operating funds for 2017; and
WHEREAS, the Town Council finds it necessary to amend the 2017 budget to
more accurately reflect the revenues and expenditures for 2017; 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 2017:
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.
Res. No. 17-06
May 9, 2017
Page 1 of 2
Original or
Current
Previously
Proposed
Amended
Amended
2017 Budget
2017 Budget
General Fund
Beginning Fund Balance
$ 4,576,694
$ 6,063,891
Revenues and Other Sources
15,625,904
16,385,744
Expenditures and Other Uses
15,465,630
17,043,000
Ending Fund Balance
$ 4,736,968
5.406,635
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.
Res. No. 17-06
May 9, 2017
Page 1 of 2
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 9th day of May, 2017.
AVON TOWN COUNCIL
L�
By:
Jennie Fancher, Mayor
Res. No. 17-06
May 9, 2017
Page 2 of 2
Attest:
Debbie Hoppe,
YpN1N OF�y"a:
�G