TC Res. No. 1997-21RESOLUTION NO. 97-21
SERIES OF 1997
A RESOLUTION TO AMEND THE 1997 TOWN OF AVON BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR
EACH FUND AND AMENDING THE 1997 BUDGET FOR THE TOWN OF AVON,
COLORADO, FOR THE CALENDAR YEAR BEGINNING ON,THE FIRST DAY OF
JANUARY, 1997, AND ENDING ON THE LAST DAY OF DECEMBER, 1997.
. WHEREAS, the Town Council of the Town of Avon has adopted the 1097
budget; and
WHEREAS, the Town Council reviewed the revised estimated revenues and
expenditures for 1997; and
WHEREAS, the Town Council finds it necessary to amend the 1997 budget to
more•accurately reflect the revenues and expenditures for 1997; 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 asrequired 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 the following fund is as
follows for 1997:
1997
Budget
Capital Improvements Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
$ 547,500
4,469,033
4,502,568
$ 513,965
1097 -
Amended
Budget
$ 547,500
5,679,321
5,814,728
$ 412,099
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 11t" day of March, 1997.
ATNST:
TOWN OF AVON, COLORADO
Jack 11awcett, Mayor
Patty Lambert,
Town Clerk