URA Res. 22-01 Amending the 2022 BudgetA
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AVON URBAN RENEWAL AUTHORITY
RESOLUTION NO.22-01
A RESOLUTION AMENDING THE
2022 AVON URBAN RENEWAL AUTHORITY BUDGET
WHEREAS, the Board of Commissioners of the Avon Urban Renewal Authority has previously
adopted the 2022 budget; and
WHEREAS, the Board of Commissioners of the Avon Urban Renewal Authority reviewed the
revised estimated revenues and expenditures for all funds for 2022; and
WHEREAS, the Board of Commissioners of the Avon Urban Renewal Authority finds it
necessary to amend the 2022 budget to more accurately reflect the revenues and expenditures for
2022; and
WHEREAS, upon due and proper notice, published or posted in accordance with the law, the
proposed budget amendment to the 2022 budget was open for inspection by the public at a
designated place, a public hearing was held on December 13, 2022 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 or planned to be expended from reserves/fund balances so that the budget
remains in balance as required by law.
NOW, THEREFORE, BE IT RESOLVED BY AVON URBAN RENEWAL AUTHORITY:
Section 1. That estimated revenues and expenditures for the Avon Urban Renewal Authority are
revised as follows for 2022:
Original or
Current
Previously
Proposed
Amended
Amended
2022 Budget
2022 Budget
Avon Urban Renewal Authority
Beginning Fund Balance
$ 70,399
$ 95,276
Revenues and Other Sources
1,835,895
1,839,922
Expenditures and Other Uses
1,806,150
1,806,150
Ending Fund Balance
$ 100,144
$ 128,927
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.
Resolution No. 22-01
December 13, 2022
Page 1 of 2
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 December 13, 2022 by the AVON URBAN RENEWAL AUTHORITY BOARD
OF COMMISSIONERS
By: • 1 ��
41 VA6'
Sarah Smith Hymes, 'rman
CERTIFIED:
Miguel J
Resolution No. 22-01
December 13, 2022
Page 2 of 2
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Casantkva, Authorit l
Attes
Scott Wright, Treasurer