TC Res. No. 1985-400 0
RESOLUTION NO. 85-40
SERIES OF 1985
A RESOLUTION TO AMEND THE 1985 TOWN OF AVON BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR EACH
FUND AND AMENDING THE 1985 BUDGET FOR THE TOWN OF AVON, COLORADO,
FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY,
1985, AND ENDING ON THE LAST DAY OF DECEMBER, 1985
WHEREAS, the Town Council of the Town of Avon, has
adopted the 1985 budget; and
WHEREAS, The Town Council reviewed the revised estimated
revenues and expenditures for 1985; and
WHEREAS, the Town Council finds it necessary to amend the
1985 budget to more accurately reflect the revenues and expenditures
for 1985; 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 expenditues for each fund
are as follows for 1985:
1985
Budget
General Fund
Public Works Fund
Transit Fund
Debt Service Fund
$ 1,850,177
222,397
227,900
222,397
1985 Amended
Budget
$ 1,887,105
251,900
374,300
222,397
2,522,871 2,735,702
Section 2. That estimated revenues for each fund are
as follows:
General Fund
Revenues $ 1,664,500 $ 1,832,050
Fund Balance
(unappropriated) 185,677 55,055
Total General Fund $ 1,850,177 1,887,105
i
Public Works Fund
•
Revenues $ 150,000 $ 263,954
Transfers 66,085 66,085
Fund Balance (Unappropriated) 6,312
Total Public Works Fund 222,397 330,039
Transit Fund
Revenues 227,900 374,300
Total Transit Fund 227,900 374,300
Section 3. 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 4. 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.
1985.
ADOPTED, thisc,?/- day of
f-2!i~
TOWN OF AVON, COLORADO
Allan R. N ttingham, ayor
-2-