TC Res. No. 1988-22RESOLUTION NO. 88-22
SERIES OF 1988
A RESOLUTION TO AMEND THE 1988 TOWN OF AVON BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR
EACH FUND AND AMENDING THE 1988 BUDGET FOR THE TOWN OF AVON,
COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF
JANUARY, 1988, AND ENDING ON THE LAST DAY OF DECEMBER, 1988.
WHEREAS, the Town Council of the Town of Avon has adopted
the 1988 budget; and
WHEREAS, the Town Council reviewed the revised estimated
revenues and expenditures for 1988; and
WHEREAS, the Town Council finds it necessary to amend
the 1988 budget to more accurately reflect the revenues and
expenditures for 1988; 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 expenditures for each fund are
as follows for 1988:
1988 1988
Budget Amended
Budget
General Fund $ 2,578,855 $ 2,662,007
Public Works Fund 1,371,500 1,400,000
Debt Service Fund 390,843 387,843
4,341,198 4,449,850
9 0
Section 2. That estimated revenues for each fund are
as follows:
General Fund
Revenues $ 2,720,625 $ 2,670,452
Total General Fund $ 2,720,625 $ 2,670,452
Public Works Fund
Revenues
341,000
309,000
Fund Balance
1,030,500
1,091,000
$ 1,371,500
$ 1,400,000
Debt Service
Revenues
$ 297,969
$ 296,969
Fund Balance
92,874
90,874
$ 390,843
387,843
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 part of the public
records of the Town.
ADOPTED this 9th day of November, 1988.
TOWN OF AVON, COLORADO
Allan R. Notting am, Mayor
-2-