TC Res. No. 1991-36RESOLUTION NO. 91 - 36
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 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 each fund are as
follows for 1991:
1991
AMENDED
BUDGET
General Fund
Public Works Fund
Debt Service Fund
Wildridge Special Assessments
Town Center Mall Construction
Town Center Mall Spec. Assess
Housing Authority Fund
$6,085,180
5,617,584
579,972
Fund 174,763
Fund 120,269
Fund 253,069
1,219,870
TOTAL EXPENDITURES $14,050,707
Section 2. That estimated revenues for the funds are as follows:
General Fund
Revenues $6,053,651
Fund Balance 487,010
Total General Fund $6,540,661
Public Works Fund
Revenues $5,667,290
Fund Balance 1,693,056'
Total Public Works Fund $7,360,346
Debt Service Fund
Revenues $575,595
Fund Balance 4,377
Total Debt Service Fund $579,972
Wildridge Special Assessments Fund
Revenues $182,731
Fund Balance 80,915
Total Wildridge Spec. Assess. Fund $263,646
Town Center Mall Construction Fund
Fund Balance $120,269
Total Town Center-Mall Const. Fund $120,269
Town.Center Mall Special Assessments Fund
Revenues $233,754
Furid Balance 17,362
Total Debt:Service Fund $251,116
Housing Authority Furid
Revenues $1,495,000
Fund Balance' 9,416
.Total-Hous-ing Authority Fund $1,504,416
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 10th day of December, 1991
TOWN OF AVON, COLORADO
Jerr Davi Mayor
ATTEST:
Patty Neyh rt, own Clerk