TC Resolution 23-06 Amending the 2023 Town of Avon BudgetA
Avon
COLORADO
TOWN OF AVON, COLORADO
RESOLUTION NO.23-06
A RESOLUTION TO AMEND THE 2023 TOWN OF AVON BUDGET
WHEREAS, the Town Council of the Town of Avon has previously adopted the
2023 budget; and
WHEREAS, the Town Council has reviewed the revised estimated revenues and
expenditures for 2023; and
WHEREAS, the Town Council finds it necessary to amend the 2023 budget to
more accurately reflect the revenues and expenditures for 2023; 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 following funds are
revised as follows for 2023:
Original or
Previously
Amended
2023 Budizet
General Fund
Beginning Fund Balance
$ 17,404,663
Revenues and Other Sources
24,788,612
Expenditures and Other Uses
25,552,248
Ending Fund Balance 16,641,027
Res. No. 23-06
April 25, 2023
Page 1 of 3
Current
Proposed
Amended
2023 Budget
$ 20,670,237
24,796,582
26,260,421
19,206,398
Capital Projects Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Water Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Community Housing Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Paper.Bag Fee Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Fleet Maintenance Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Mobility Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Res. No. 23-06
April 25, 2023
Page 2 of 3
Original or
Previously
Amended
2023 Budget
$ 10,327,090
8,876,250
17,909,312
1,294,028
$ 714,706
762,000
887,481
$ 589.225
$ 1,172,765
1,831,440
2,595,000
$ 409,205
$ 102,151
55,000
33,840
$ 123,311
$ 429,071
2,974,280
2,976,775
$ 426,576
$ 1,098,870
3,097,344
3,742,252
$ 453,962
Current
Proposed
Amended
2023 Budget
$ 14,190,357
10,269,085
22.45 8.201
2.001.241
$ 925,520
762,000
1,295,316
$ 392,204
$ 1,606,881
1,836,352
2,895,493
$ 547.740
$ 167,988
55,000
75,407
$ 147.581
$ 429,071
2,974,280
3,000,082
403.269
$ 1,098,870
3,097,344
3,780,660
$ 415.554
Original or
Current
Previously
Proposed
Amended
Amended
2023 Budget
2023 Budget
Equipment Replacement Fund
Beginning Fund Balance
$ 4,104,865
$ 4,219,735
Revenues and Other Sources
1,923,839
1,989,757
Expenditures and Other Uses
2,392,151
2,512,988
Ending Fund Balance
3,636,553
3,684.928
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 251h April, 2023.
AVON TOWN COUNCIL
By
Arr
Res. No. 23-06
April 25, 2023
Page 3 of 3
Attest: E
Miguel Jauregui Casan