TC Res. No. 1996-47RESOLUTION NO. 96-47
SERIES OF 1996
A RESOLUTION TO AMEND THE 1996 TOWN OF AVON BUDGET
A RESOLUTION SUMNIARI.ZZING EXPENDITURES AND REVENUES FOR
EACH FUND AND AMENDNG THE 1996 BUDGET FOR THE TOWN OF AVON,
COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF
JANUARY, 1996, AND ENDING ON THE LAST DAY OF DECEMBER, 1996.
WHEREAS, the Town Council of the Toavn of Avon has adopted the 1996
budget; and
WHEREAS, the Town Council reviewed the revised estimated revenues and
expenditures for 1996; and
WHEREAS, the Town Council finds it necessary to amend the 1996 budget to
more accurately reflect the revenues and expenditures for 1996; 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 expenditures for each fund are as follows
for 1996:
1996
1996 Revised
Budeet Budgcj
General Fund
Beginning Fund Balance S 3,441,620 S 3,441,620
Revenues and Other Sources 11,229,141 11,716,563
Expenditures and Other Uses _ 11.871,694 _ 11.537.172
Ending Fund Balance S 2,799A S 3.621.011
1996
1996 Revised
Capital Projects Fund Bum Budgcl
Beginning Fund Balance S 664,669 S 664,669
Revenues and Other Sources 1,043,830 1,163,600
Expenditures and Other Uses 1,458.888 1,280.769
Ending Fund Balance $ 249,611 S -547-500
1996
Budget
De~Servkg Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
S 231,157
1,101,527
1,101,527
S 2 1,157
1996
Budget
Wildridge Spe€ial Assessment Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
S 86,984
105,131
114.760
S 77,355
1996
Bu-w
Water Enterprise Fund
Beginning Fund Balance
Revenues and Other Sources
Equity Transfer.-In
Expenditures and Other Uses
Ending Fund Balance
S -
1,150,005
72-6,455
999 356
S 879.104
1996
Revised
Budge.
S 231,157
1,124,755
1,. 05,070
5 250.83(a
1996
Revised
Bum
S 86,984
108,731
136,897
$ 58.818
1996
Revised
Bum
S -
1,724,304
779,207
1.264,379
S 1.239.132
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 record of the Town.
ADOPTED this 12`' day of November, 1996.
TEST:
Patty Lambert, C
TOWN OF AVON, COLORADO
Albert J. R ds,lVlay r