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TC Res. No. 1982-24• RESOLUTION TO ADOPT BUDGET NO.#82=24 SERIES OF 1982 A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR EACH FUND AND ADOPTING A BUDGET FOR THE TOWN OF,AVON, COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 1983, AND ENDING ON THE LAST DAY OF DECEMBER, 1983. WHEREAS, the Town Council of Town of Avon has appointed Town Manager to prepare and submit a proposed budget-to'said governing body at the proper time; and, WHEREAS, Town Manager has submitted a proposed budget to this governing body on October 15th, 1982, for its consideration; and, WHEREAS, upon due and proper notice, published or posted in'accordance with the law, said proposed budget was open for inspection by the public at a designated place, a public hearing was held on October 26th, 1982, and interested tax- payers were given the opportunity to file or register any objections to said proposed budget; and, WHEREAS, whatever increases may have been in the expen= ditures, 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 expenditures for each fund are as follows: General Fund $1,419,292 Public Works Fund 213,978 Nottingham Park Development Fund 24,117 Capital Projects Fund -0- .Revenue Sharing Fund 36,000 Conservation Trust Fund 1,000 Recreational Amenities Fund 24,000 Debt Service Fund 150,585 Avon 'Town Center Mall Construction Fund 625,135 Avon Town Center Mall Maintenance Fund 24,203 TOTAL $2,518,310 1= Resolution.No.#82-24 Page 2 Section 2. That estimated revenues for each fund are as follows (includes previous year fund balance): j' I General'Fund $1,510,900 Public'Works Fund 213,948 Nottingham Park-Development Fund 24,117 Capital Projects Fund 15,675 Revenue Sharing 7und 37,698 Conservation Trust Fund 1,000 Recreational Amenities Fund 24;000 Debt.Service Fund 150,585 Avon Town Center Mall Construction Fund 627,270 Avon Town Center Mall Maintenance Fund 24,203 TOTAL $2,629,396 Section 3. That the budget as submitted, amended, and hereinabove.summarized by fund, hereby is appr oved and adopted ,as the budget of the Town of Avon for the year stated above.. ADOPTED, this 26th day of October, A.D., 1982. Allan Nottingham Mayor- ATTEST: Patricia J. Town Clerk