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TC Res. No. 1995-57RESOLUTION'NO. 95-57 SERIES OF 1995 A RESOLUTION TO AMEND THE 1995 TOWN OF AVON BUDGET A RESOLUTION SUMMARIZING EXPENDITURES.AND REVENUES FOR EACH FUND,AND AMENDING,THE"1995. BUDGET FOR THE TOWN OF AVON, COLORADO,' FOR THE CALENDAR'YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 1995 AND, ENDING ON THE LAST DAY OF DECEMBER, 1995. WHEREAS, the Town Council of the Town of Avon has-adopted the 199,5 budget; and WHEREAS, the Town Council reviewed the revised estimated revenues and expenditures for 1995; and WHEREAS, the Town Council finds it necessary,to amend the 1995 budget to more accurately reflect the revenues and expenditures for 1995; 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 revenues and-,dkpenditures:for',each fund are as follows,for i995:- 1995 Budget General Fund Revenues Expenditures Transfer to Public Works Fund Transfer to Debt Service Fund Beginning Fund Balance'(Jan 1) Ending Fund Balance (Dec 31) 9, 6,13, 608 (9,065,622) (200,000) (463,305) 2;354,863 2,299,544 1995 Amended Budget 9,811,108. (9,028,437) (207,170) (463,305) 2,354,863 2,467,059 1995 Budget Public Works Fund Revenues Expenditures Beginning Fund Balance (Jan 1) Ending Fund Balance (Dec 31) 1,717,177 (5,701,101) 4,376,857 392,933 1995 Amended Budget 1,736,409 (5,720,333) 4,376,857 392,933 Section 2. 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 3. 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 December, 1995. TOWN OF AVON, COLORADO Albert J. eyr ds, mayor