TC Res. No. 1999-55RESOLUTION NO. 99-55
SERIES OF 1999
A RESOLUTION TO ADOPT THE 2000 TOWN OF AVON BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES FOR
EACH FUND AND ADOPTING A BUDGET FOR THE TOWN OF AVON,
COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF
JANUARY, 2000, AND ENDING ON THE LAST DAY OF DECEMBER, 2000.
WHEREAS, the Town Council of the Town of Avon has appointed the Town
Manager to prepare and submit a proposed budget to said governing body on October 14,
1999, for its consideration; and
WHEREAS, upon due and proper notice, published and posted in accordance with
the law, said proposed budget was open for inspection by the public at a designated place.
A public hearing was held on November 9, 1999, and interested taxpayers were given the
opportunity to file or register any comment to said proposed budget; and
WHEREAS, whatever increases may have been made in the expenditures, like
increase 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 2000:
2000 2000
Proposed Adopted
Budget Bud et
General Fund
Beginning Fund Balance $ 4,431,166 $ 4,431,166
Revenues and Other Sources 9,976,105 9,976,105
Expenditures and Other Uses 10,190,130 10,184,730
Ending Fund Balance $ 4,217,142 $ 4,222,542
2000
2000
Proposed
Adopted
Budget
Bum
Mall Maintenance Fund
Beginning Fund Balance
$ 15,087
$ 15,087
Revenues and Other Sources
68,491
68,491
Expenditures and Other Uses
82,649
82,649
Ending Fund Balance
$ 889
$ 889
2000
2000
Proposed
Adopted
Budget
Budget
Fire Operations Fund
Beginning Fund Balance
$ 29,051
$ 29,051
Revenues and Other Sources
2,327,354
2,327,354
Expenditures and Other Uses
2,327,354
2,327,354
Ending Fund Balance
$ 29,051
$ 29,051
2000
2000
Proposed
Adopted
Bu_ diet
Budget
Employee Housing Fund
Beginning Fund Balance
$ 0
$ 0
Revenues and Other Sources
66,120
66,120
Expenditures and Other Uses
66,120
66,120
Ending Fund Balance
$ 0
$ 0
2000
2000
Proposed
Adopted
Budget
Budget
Water Fund
Beginning Fund Balance
$ 1,712,204
$ 1,712,204
Revenues and Other Sources
326,870
326,870
Expenditures and Other Uses
146,527
146,527
Ending Fund Balance
$ 1,892,547
$ 1,892,547
2
Debt Service Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Wildridge Special Assessment Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Avon Metr6politan District Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Finance Authority Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
2000
Proposed
Budget
$ 123,762
1,173,994
1,273,994
$ 23,762
2000
Proposed
Budget
$ 22,961
74,211
94,200
$ 2,972
2000
Proposed
Budget
$ 37,092
566,628
566,628
$ _ 37,092
2000
Proposed
Buffet
$ 563,570
564,570
564,570
$ 563,570
2000
Adopted
Budget
$ 123,762
1,173,994
1,273,994
$ 23,762
2000
Adopted
Budget
$ 22,961
74,211
94,200
$ 2,972
2000
Adopted
Budget
$ 37,092
566,628
566,628
$ 37,092
2000
Adopted
Bum
$ 563,570
564,570
564,570
$ 563,570
3
2000
Proposed
Budget
Transit Enterprise Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Fleet Maintenance Internal Service Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Equip. Replacement Internal Service Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
$ 94,482
3,297,856
3,297,856
$ 94,482
2000
Proposed
Bu_ dget
$ (19,535)
1,434,723
1,415,185
$ 3
2000
Proposed
Budget
$ 96,884
563,894
274,300
$ 386,478
2000
Adopted
Budget
$ 94,482
3,297,856
3,297,856
$ 94,482
2000
Adopted
Budget
$ (19,535)
1,434,723
1,415,185
$ 3
2000
Adopted
Budget
$ 96,884
563,894
274,300
$ 386,478
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
Mayor and made part of the public record of the Town.
ADOPTED this 23'd day of November, 1999.
4
TOWN OF AVON, COLORADO
y Yod
ayor