TC Res. No. 1983-44•
RESOLUTION NO. #83-44
SERIES OF 1983
.7
A RESOLUTION TO ADOPT THE 1984 TOWN OF AVON BUDGET
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, 1984, AND ENDING
ON THE LAST DAY OF DECEMBER, 1984.
WHEREAS, the Town Council of the Town of Avon, has appointed
the Town Manager to prepare and submit a proposed budget to said
governing body at the proper time; and
WHEREAS, the Town Manager has submitted a proposed budget to
this governing body on September 17, 1983, 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 11, 1983, and interested taxpayers were given the opportunity
to file or register any objections to said proposed budget, 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 R.ESOLVED,BY THE TOWN COUNCIL of the
Town of Avon, Colorado:
Section I. That estimated expenditures for each fund are as
follows:
General Fund
Public Works Fund
Capital Projects Fund
Transit Fund
Recreational Amenities Fund
Conservation Trust Fund
Revenue Sharing Fund
Debt Service Fund
Lift Bus Fund
Special Assessment Fund
Mall Maintenance Fund
Marketing/Promotions Fund
$ 1,572,074.00
215,000.00
109,500.00
194,100.00
40,000.00
5,000.00
17,300.00
215,000.00
218,479.00
225,136.00
18,644.00
100,000.00
$ 2,930,233.00
0 0
Section II. That estimated revenues for each fund are as
follows:
General Fund
Revenues $ 1,486,028.00
Transfers 11,500.00
Fund Balance (Unappropriated) 88,939.00
Total General Fund '$'1,586,467.00
Public Works Fund
Revenues $ 150,000.00
Transfers 65,000.00
Fund Balance (Unappropriated) 2,551.00
Total Public Works Fund $ 217,551.00
Capital Projects Fund
Revenues $ 3,000.00
Fund Balance (Unappropriated) 123,085.00
Total $ 126,085.00
Transit Fund
Revenues $ 194,100.00
Total Transit Fund $ 194,100.00
Recreational Amenities Fund
Revenues $ 40,000.00
Total Recreational Amenities Fund $ 40,000.00
Conservation Trust Fund
Revenues $ 5,000.00
Total Conservation Trust Fund $ 5,000.00
Revenue Sharing
Revenues $ 17,300.00
Total Revenue Sharing $ 17,300.00
Debt Service Fund
Transfers $ 215,000.00
Total Debt Service Fund $ 215,000.00
The Lift Fund
Revenues $ 80,043.00
Fund Balance (Unappropriated) '138,436.00
Total The Lift Fund $ 218,479.00
0 0
Avon Center Mall Maintenance Fund
Revenues $ 18,644.00
Total Avon Center Mall
Maintenance Fund $ 18,644.00
Special Assessment Fund
Revenues $ 240,136.00
Fund Balance (Unappropriated) 233,377.00
Total Special Assessment Fund $ 473,513.00
Marketing/Promotion Fund
Revenues $ 20,000.00
Transfers 80,000.00
Total Marketing/Promotions Fund $ 100,000.00
Section III. 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 IV. That the budget hereby approved and adopted shall
be signed by the Town Manager and made a part of the public records
of the Town.
ADOPTED, this
25TH
day of October , A.D., 1983 .
Allan R. Nottingh m, Mayor
EST
Patricia J. Do e, Town Clerk