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TC Res. No. 1997-30RESOLUTION NO. 97-30 SERIES OF 1997 A RESOLUTION TO AMEND THE 1997 TOWN OF AVON BUDGET A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES BY 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 1997 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 as required by law. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCII.; OF THE TOWN OF AVON, COLORADO: Section 1. That estimated revenues and expenditures for the following fund is as follows for 1997: Original or Current Previously Proposed Amended Amended 1997 1997 General Fund Budget Bum Beginning Fund Balance $ 3,621,011 $ 3,621,011 Revenues and Other Sources 11,227,906 11,520,476 Expenditures and Other Uses 11,481,759 11,663,757 Ending Fund Balance S 3,367158 $ 3,477,690 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 8b day of April 1997. A TOWN OF AVON, COLORADO Jack Fawcett, Mayor - Patty Lambert, Town Clerk