TC Res. No. 1990-450 0
RESOLUTION NO. 90-45
SERIES OF 1990
A RESOLUTION TO ADOPT THE 1991 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,
1991, AND ENDING ON THE LAST DAY OF DECEMBER, 1991.
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 on September 11, 1990, 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 9, 1990, and interested taxpayers were given
the opportunity to file or register any comment 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 RESOLVED BY THE TOWN COUNCIL OF THE
TOWN OF AVON, COLORADO:
Section 1. That estimated expenditures for each fund are
as follows for 1991:
General Fund $5,124,850
Public Works Fund $5,838,898
Debt Service Fund $ 579,972
Wildridge Special Assessments Fund $ 255,600
Town,.Center.Mall Construction Fund $ 0
Town Center Mall Special Assess.Fund $ 266,138
Section 2. That estimated revenues for each fund are as
follows:
General Fund
Revenues
$5,124,850
Total
General Fund
$5,124,850
Public Works
Fund
Revenues
$5,562,834
Fund Balance
$ 276,064
Total
Public Works Fund
$5,838,898
Debt Service
Fund
Revenues
$ 579,972
Total
Debt Service Fund
$ 579,972
Wildridae Special Assessments Fund
Revenues
$ 187,699
Fund Balance
$ 67,901
Total
Fund
$ 255,600
Town Center M
all Construction Fund
Revenues
$ 8,000
Total
Fund
$ 8,000
Town Center M
all Special Assess.Fund
-
Revenues
$ 249,171
Fund Balance
$ 16,967
Total
Fund
$ 266,138
0 •
Section 3. That the budget, as submitted and herein
above 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.
TOWN OF AVON, COLORADO
Allan R. ttingh , Mayor
ATTEST:
Clerk