TC Res. No. 1983-55i 0
RESOLUTION NO. #83-55
SERIES OF 1983
A RESOLUTION AMENDING THE 1984 TOWN OF AVON BUDGET
A RESOLUTION AMENDING THE 1984 BUDGET FOR CERTAIN FUNDS.
WHEREAS, the Town Council of the Town of Avon, has adopted
a 1984 Budget, and
WHEREAS, the Town Council has approved certain items in
the 1984 Budget and has set a final Public Hearing on December
13, 1983 on the 1984 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 RESOLVED BY THE TOWN COUNCIL of
the-Town of Avon, Colorado:
Section I. That estimated expenditures for each fund are
as follows:
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
1984
1984
AMENDED
BUDGET
BUDGET
$ 1,572,074.00 $
1,565,486.00
215,000.00
109,500.00
194,100.00
198,800.00
40,000.00
5,000.00
17,300.00
215,000.00
218,479.00
225,136.00
18,644.00
100,000.00
Section II. That estimated revenues for each fund are as
General Fund
Revenues
Transfers
Fund 3alance (Unappropriated)
1984
1984 AMENDED
BUDGET BUDGET
$ 1,486,028.00 $ 1,478,128.0(
11,500.00 11,500.0(
88,939.00 85,939.0(
1
Total General Fund $ 1,586,467.00 $1,575,567.0
0
1984
Public Works Fund BUDGET
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
Total Transit Fund
1984
AMENDED
BUDGET
NO CHANGE
NO CHANGE
$
194,100.00
$
198,800.00
$
194,100.00
$
198,800.00
Recreational Amenities Fund
Revenues $ 40,000.00 NO CHANGE
Total Recreational Amenities Fund $ 40,000.00
Conservation Trust Fund
Revenues $ 5,000.00 NO CHANGE
Total Conservation Trust Fund $ 5,000.00
Revenue Sharing
Revenues $ 17,300.00 NO CHANGE
Total Revenue Sharing $ 17,300.00
Debt Service Fund
Transfers 215,000.00 NO CHANGE
Total Debt Service Fund $ 215,000.00
The Lift Fund
Revenues $ 80,043.00 NO CHANGE
Fund Balance (Unappropriated) 138,436.00
Total The Lift Fund $ 218,479.00
Avon Center Mall Maintenance Fund
Revenues $ 18,644.00 NO CHANGE
Total Avon Center Mall
Maintenance Fund $ 18,644.00
• •
1984
Special Assessment Fund BUDGET
Revenues $ 240,136.00
Fund Balance (Unappropriated) 233,377.00
1984
AMENDED
nn n r T
NO CHANGE
Total Special-Assessment Fund $ 473,513.00
Marketing/Promotions Fund
Revenues
Transfers
$ 20,000.00
80,000.00
NO CHANGE
:.Total Marketing/
Promotions Fund
$ 100,000.00
Section III. That the Town Manager and Director of Finance
are hereby authorized to amend the 1984 General Fund and Transit
Fund Budgets.
ADOPTED, this 13th day of December
A.D., 1983.
ATTEST:
Allan R. Nottingham, ayor
Patricia J. Doyle, Town glerk
• 0
MEMORANDUM
TO: Richard D. Blodgett, Town Manager
FROM: William D. James, Finance Director
DATE: December 9, 1983
RE: 1984 Budget - Final Amendments
Please find attached, a resolution amending the 1984 Budget.
This resolution finalizes the recommended and authorized
budget adjustments by the Town Council.
Included in the resolution are:
1) Adjustments for Merit Increases.
2) An additional $4,700 added for lease/purchase of the new
bus.
3) A reduction of $7,900 for Road and Bridge Fund revenues.
(See attached letter from Eagle County). County
Commissioners reduced mill levy from 5 mills to 4.123
mills because of a 7% property tax limitation.
Also I have completed a preliminary review of the 1983
Budget status. We should overall be within the budget
established with some carryover. A more detailed report
will be forthcoming on the 1983 Budget.
I have requested that.the Council bring in their budgets
Tuesday afternoon so that new pages reflecting the above
changes for 1984 can be added.
TELEPHONE
303/328-7311
Board of County
Commissioners
Ext 241
• EAGLE COUN?Y
Eagle, Colorado 81631
, qsy
Assessor
Ext 202
Clerk and
Recorder
Ext 217
Sheriff
Eagle: Ext 211
Basalt: 927-3244
Gilman: 827-5751
Treasurer
Ext 201
November 21, 1983
Dick Blodget, Town Manager
Avon Town Hall
Box D
Avon, CO 81620
Dear Mr.-Blodget!
Administration
Ext 241
Animal Shelter
949-4292
Building
Inspection
Ext 226 or 229
Community
Development
Ext 226 or 229
3
Last week the Board of Commissioners set the mill levy for
Eagle County and the seven different funds that are needed by
the county.
I am writing you to advise you that based upon the re-evaluation
the county was forced by the state to reduce its overall mill
levy. We had to reduce 1.8 mills in order to comply with the
107% limitation.
County Attorney This reduction may or may not affect you in your street and
Ext263 highways budget. The overall revenue generated by the mill levy
for the County Road and Bridge is a 54% increase from 1984. That
Engineer should not be taken to mean you will experience a 54% increase
Ext236 in your revenues generated by this mill levy.
Environmental
Health The estimated amount you can expect to receive through 1984 is
Ext 238 $46,296. JVWz
Extension Agent I hope this advance information will be helpful as you plan
Ext 247 projects for 1984.
Library If you have any questions or I can be of help please call me at
Ext 255
32$-7311.
Public Health
Eagle: Ext 252
Sincerely,
Vail: 476-5844
Personnel
Ext 241
Brad ones
Purchasing
County Manager/Eagle County Budget Officer
Ext 245 '
Road and Bridge
Ext257 xc: Board of County Commissioners
Beth Whittier, County Attorney
Social Services
328-6328 ~ r
G~~~
• s~
X -