TC Res. No. 1999-43RESOLUTION NO. 99-43
SERIES OF 1999
A RESOLUTION TO AMEND THE 1999 TOWN OF AVON BUDGET
A RESOLUTION ESTABLISING AN EMPLOYEE HOUSING FUND AND
SUMMARIZING EXPENDITURES AND REVENUES BY FUND AND AMENDING
THE 1999 BUDGET FOR THE TOWN OF AVON, COLORADO, FOR THE
CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 1999, AND
ENDING ON THE LAST DAY OF DECEMBER, 1999.
WHEREAS, the Town has entered into a master lease.program to provide
employee housing; and
WHEREAS, it is necessary to create a special revenue fund to account for the
expenditures and revenues related to the Town's employee housing program; and
WHEREAS, the Town Council of the Town of Avon has adopted the 1999
budget; and
WHEREAS, the Town Council reviewed the revised estimated revenues and expenditures
for 1999; and
WHEREAS, the Town Council finds it necessary to amend the 1999 budget to
more accurately reflect the revenues and expenditures for 1999; 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 a special revenue fund entitled `Employee Housing fund' is
hereby established for the purpose of accounting for transactions associated with the
Town's employee housing program.
Section 2. That estimated revenues and expenditures for the following fund is as
follows for 1999:
Employee Dousing Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Original or
Current
Previously
Proposed
Amended
Amended
1999
1999
Budget
Budget
38,716
38.716
Section 3. 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 4. 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 28th day of September, 1999.
TOWN OF AVON, COLORADO
64y Yo r, yor
2
Town Clerk
MUNICIPAL SERVICES
Employee Housing Fund #23
Pun ummarrarr - Q
low
Original or Final
Prev. Amend. Revised Proposed
Actual Budget Budget Budget
1998 1999 1999 2000
REVENUES
Charges for Services $ - $ - $ 16,560 $ -
Total Operating Revenues
Other Sources
Transfers-In from General Fund
TOTAL REVENUES
EXPENDITURES
Transportation:
Employee Housing
Total Operating Expenditures
TOTAL EXPENDITURES
NET SOURCE (USE) OF FUNDS
FUND BALANCES, Beginning of Year
FUND BALANCES, End of Year
16,560 -
22,156 -
38,716 -
38,716 -
38,716 -
- - 38,716 -
Page 1
MUNICIPAL SERVICES
Employee Housing Fund #23
g ~ Revenu ®eta _ -
Original or
Final
Prev. Amend.
Revised Proposed
Account
Actual Budget
Budget Budget _
Number
Description
1998 1999
1999 2000
Charges for Services
-
Housing .
54551
Rental Revenues - Employees
$ - $ -
$ 16,560 $ -
54552
Rental Subsidies
- -
- _
53000 Total Intergovernmental
Other Sources:
59201 Operating Transfers In - General Fund
16,560 -
22,1'56 -
59000 Total Other Sources - - 22,156
50000 TOTAL REVENUES $ - . $ - $ 38,716 $ -
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Town of Avon
Line Item Detail
Function: Transportation #430
Department/Division: Public Works/Transportation #430
Program: Employee Housing #436
Account
Number
Actual
- Account Description 1998
Original or
Prev. Amend..
Budget
1999
Final
Revised Proposed
Budget Budget
1999 2000
Percent
Change
99' to 2000'
Commodities:
62899
Other Miscellaneous Operating Supplies $ -
$ -
$ _ $ _
WA
62000
Total Commodities -
N/A
Purchased and Contracted Services:
63599
R&M- Office Maintenance Services -
-
800 -
-100.00%
63601
Rentals - Buildings & Office -
-
27,550 -
-100.00%
63000
Total Purchased and Contracted Services -
-
28,350 -
-100.00%
Other Operating Costs:
64999
Miscellaneous Other Operating Expenses -
-
- -
#DIV/0!
64000
Total Other Operating Costs -
-
- -
#DIV/0!
Capital Outlay:
66404
Furniture and Fodures , -
-
10,366 -
-100.00%
66000
Total Capital Outlay -
-
10,366 -
=100.00%
60000
Total Expenditures $ -
$ -
$ . 38,716 $ -
-100.00%
Page 3