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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