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TC Res. No. 1991-30RESOLUTION NO. 91-30 SERIES OF 1991 A RESOLUTION TO AMEND THE 1991 TOWN OF AVON BUDGET A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR EACH FUND AND AMENDING THE 1991 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 adopted the 1991 budget; and WHEREAS, the Town Council reviewed the revised estimated revenues and expenditures for 1991; and WHEREAS, the Town Council finds it necessary to amend the 1991 budget to more accurately reflect the revenues and expenditures for 1991; 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 the Public Works fund are as follows for 1991: 1991 BUDGET Public Works Fund Expenditures $6 016 584 Wildwood Townhome Construction Reserve _ 300.000 Revised Total Expenditures $6,316,584 Section 2. That estimated revenues for the Public Works are as follows for 1991: Fund Balance $1,328,762 Fund Balance Reserve - Wildwood Townhomes Construction Reserve (300,000) Revised Fund Balance December 31, 1991 $1,028,762 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 12th day of November, 1991 TOWN OF AVON, COLORADO Mert Reyn s, a or Pro-Tem ATTEST: Patty Ne art Town Clerk