TC Res. No. 1997-69RESOLUTION NO. 97-69
SERIES OF 1997
A RESOLUTION TO AMEND THE 1997 TOWN OF AVON BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUE& 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 COUNCIL 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
Budget
1997.
Bu~etl
General Fund
Beginning Fund Balance $ 4,366,933 $ 4,366,933
Revenues and Other Sources 11,526,276 12,116,320
Expenditures and Other Uses 11,786,609 11,727,110
Ending Fund Balance $ 4,106,600 $ 4.756.143
Original or '
Current
Previously
Proposed
Amended
Amended
1997
t
B
1997
get
B
Debt Service Fund
udge
ud
Beginning Fund Balance
$ 266,672
$ 266,672
Revenues and Other Sources
1,329,982
1,295,391
Expenditures and Other Uses
1,294.876
1.295.391
Ending Fund Balance
$ 301,778
$ 266372
Wildridge Special Improvement District Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Capital Projects Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Water Enterprise Fund
-Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending,Fund Balance
Original or
Previously
Amended
1997
Budget
$ 72,613
101;651
101,687
Original or
Previously
Amended
1997
Budget .
$ 845,272
5,679,327
5.814.728
Original or
Previously
Amended
1997
Budget
$ 1,450,845
308,980
237:727
Current
Proposed
Amended
1997
Budget
$ 72;613
108,151
1,34,763
Current
Proposed
Amended
- -1997
t e
$ ' 845,272,
6,274;147
5„ 00„278
$ -1.218.441
Current
Proposed
Amended
1997
Budget
$ 1,450,845
672,675
298.093
S 1.522.098 ' S 1.825.427
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 9' day of December, 1997.
TOWN OF AVON, COLORADO
t~~a~e pcir
udy Yoder, Mayor Protem