TC Resolution 18-01 Amending the 2018 Town of Avon Capital Projects Fund BudgetTOWN OF AVON
RESOLUTION 18-01
A RESOLUTION AMENDING THE 2018 TOWN OF AVON CAPITAL
PROJECTS FUND BUDGET
WHEREAS, the Town Council of the Town of Avon has previously adopted the
2018 Capital Projects Fund budget; and
WHEREAS, the Town Council reviewed the revised estimated revenues and
expenditures for 2018; and
WHEREAS, the Town Council finds it necessary to amend the 2018 Capital
Projects Fund budget to more accurately reflect the revenues and expenditures for 2018;
and
WHEREAS, the Town Council has caused to be published a notice containing
the date and time of a public hearing at which the adoption of the proposed budget
amendment will be considered and a statement that the proposed budget amendment is
available for public inspection at the office of the Town Clerk located in the Avon Town
Hall during normal business hours, and that any interested elector of the Town of Avon
may file any objection to the proposed budget amendment at any time prior to the final
adoption of 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 TOWN COUNCIL OF
THE TOWN OF AVON, COLORADO:
Section 1. That estimated revenues and expenditures for the Capital Projects
Fund are revised as follows for 2018:
Capital Projects Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Resolution 18-01
January 9, 2018
Page 1 of 2
Adopted or
Previously
Amended
2018 Budget
$ 4,418,512
4,497,500
4,035,741
4,880,271
Current
Proposed
Amended
2018 Budget
$ 7,055,565
5,897,500
8,072,794
$ 4,880.271
Section 2. That the Capital Projects Fund budget, as submitted, amended, and
hereinabove summarized by fund, 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 as 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 January, 2018.
AVON TOWN COUNCIL
4&--6!22�-
By:
Je t Fancher, Mayor
Resolution 18-01
January 9, 2018
Page 2 of 2
Attest:
Debbie Hoppe,
LSEAL:
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