TC Resolution 21-19 Amending the 2021 Town of Avon BudgetRESOLUTION NO. 21-19
A RESOLUTION TO AMEND THE 2021 TOWN OF AVON BUDGET
WHEREAS, the Town Council of the Town of Avon has previously adopted the 2021
budget; and
WHEREAS, the Town Council has reviewed the revised estimated revenues and
expenditures for 2021; and
WHEREAS, the Town Council finds it necessary to amend the 2021 budget to more
accurately reflect the revenues and expenditures for 2021; 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 the following:
Section 1. That estimated revenues and expenditures for the following funds are revised
as follows for 2021:
General Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Res. No. 21-19
August 24, 2021
Page 1 of 2
Original or
Previously
Amended
2021 Budget
$ 9,578,754
17,909,638
18,427,208
9,061,184
Current
Proposed
Amended
2021 Budget
$ 10,202,887
19,349,086
18,640,946
$ 10,911,027
Original or Current
Previously Proposed
Amended Amended
2021 Budget 2021 Budget
Capital Proiects Fund
Beginning Fund Balance $ 12,098,283 $ 12,101,243
Revenues and Other Sources 4,267,500 4,288,500
Expenditures and Other Uses 9,476,861 9,696,484
Ending Fund Balance 6,888,922 6,693.259
Mobility Fund
Beginning Fund Balance $ 716,522 $ 716,522
Revenues and Other Sources 5,936,478 5,936,478
Expenditures and Other Uses 5,189,887 5,284,063
Ending Fund Balance 1,463,113 1. 668,937
Fleet Maintenance Fund
Beginning Fund Balance $ 184,906 $ 189,321
Revenues and Other Sources 1,857,002 1,857,002
Expenditures and Other Uses 1,776,934 1,826,024
Ending Fund Balance $ 264,974 $ 220,299
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.
INTRODUCED, READ, AND ADOPTED by the Town Council of the Town of
Avon on the 24' day of August, 2021.
By:
Sarah Smith Hymes, or
Res. No. 21-19
August 24, 2021
Page 2 of 2
OF
Attest: ii :SEAL*:
Brenda Torres, Town Cie