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TC Res. No. 1994-40RESOLUTION NO. 94-40 SERIES OF 1994, A RESOLUTION TO AMEND THE 1994 TOWN OF AVON BUDGET A RESOLUTION;SUMkARIZING EXPENDITURES,AND'REVENUES FOR EACH FUND AND AMENDING THE 1994-BUDGET FOR THE TOWN OF AVON,.COLORADO, FOR-THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 1994 AND, ENDING-ON'THE LAST DAY,OF DECEMBER, 1994. WHEREAS, the Town Council of the Town of Avon'has adopted the 1994 budget; and WHEREAS, the Town Council reviewed the revised estimated revenues and expenditures for 1994;,and WHEREAS, the Town Council finds it necessary to amend the 1994 budget to more accurately reflect the revenues and expenditures fora 1994; 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 1994: 1994 AMENDED, BUDGET General Fund Expenditures 8,121,658 Transfer to Public Works Fund 313-,488 Transfer-to Debt Service Fund 154,720 Total General Fund 8,589,866 Public Works Fund Expenditures Total Public Works-`Fund Debt Service Fund Expenditures, Total Debt Service Fund Wildridge'Special Assessments Fund Expenditures Total Wildridge Special Assessments Fund 6,805,030 6,805,030 757,672 757,672 211;356` 211,356 Section 2. That estimated revenues for the funds are as follows: General Fund' Revenues Total General Fund Public Works Fund Revenues Total Public Works Fund Debt Service Fund- Revenues Total Debt Service Fund Wildridge Special Assessments Fund Revenues Fund Balance Total Wildridge--Special Assessments Fund 8,991,918 8,991,918 8,437,626 8,437626 975,483 975,483 134,194- 155,892 290,086 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 1s't-day.of November, 1994 TOWN OF AVON, COLORADO Albert J. ey s, Mayor EST: Patty Neyh\arp, Town Cler