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TC Res. No. 1990-44RESOLUTION NO. 90 - 44 SERIES OF 1990 A RESOLUTION TO AMEND THE 1990 HOUSING AUTHORITY OF THE TOWN OF AVON BUDGET A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR EACH FUND AND AMENDING THE 1990 BUDGET FOR THE HOUSING AUTHORITY OF THE TOWN OF AVON FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF_JANUARY, 1990 AND ENDING ON THE LAST DAY OF DECEMBER, 1990. WHEREAS, the Town Council of the Town of Avon has adopted the 1990 budget; and WHEREAS, the Town Council reviewed the revised estimated revenues and expenditures for 1990; and WHEREAS, the Town Council finds it necessary to amend the 1990 budget to more accurately reflect the revenues and expenditures for 1990; 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 1990:,. 1990 BUDGET General Fund Public Works Fund Debt Service.Fund Wildridge Special Assessments Town Center Mall Construction Town 'Center Mall Spec:.Assess $3,766,232 2,807,300 479,265 Fund 0 Fund 0 Fund 0 1990 AMENDED BUDGET. 4,358,477 2,376,382 511,796 1,247,227 1,760 31,138 TOTAL EXPENDITURES $7,052,797 $8,526,780 r • Section 2. That estimated revenues for the funds are as follows: General Fund Revenues Total General Fund Public Works Fund Revenues Fund Balance Total Public Works Fund Debt Service Fund Revenues Fund Balance Total Debt Service Fund Wildridge Special Assessments Fund $3,699,385 $4,202,289 $3,699,385 $4,202,289 $2,351,677 $3,262,376 455,623 0 $2,807,300 $3,262,376 $479,265 $507,419 0 4,377 $479,265 $511,796 Revenues $0 $1,344,418 Total Wildridge Spec. Assess. Fund $0 $1,344,418 Town Center Mall Construction Fund Revenues $0 $8,000 Total Wildridge Spec. Assess. Fund $0 $8,000 Town Center Mall Special Assessments Fund Revenues $0 $28,650 Fund Balance 0 2,488 Total Debt Service Fund $0 - $31,138 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 23rd-day of October, 1990 TOWN OF AVON, COLORADO Allan R Nottin am, Mayor ATTEST 4 jr T erk