TC Res. No. 2000-55RESOLUTION NO. 00-55
SERIES OF 2000
A RESOLUTION TO ADOPT THE 2001 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, 2001, AND ENDING ON THE LAST DAY OF DECEMBER, 2001.
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 10,
2000, 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 October 24, 2000, 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 2001:
2001
2001
Proposed
Adopted
Budget
Budget
General Fund
Beginning Fund Balance
$ 4,545,592
$ 4,520,592
Revenues and Other Sources
10,221,023
10,040,311
Expenditures and Other Uses
10,600,682
10,538,381
Ending Fund Balance
$ 4,165,933
$ 4,022,522
2001
2001
Proposed
Adopted
Budget
Budget
Mall Maintenance Fund
Beginning Fund Balance
$
21,633
$
21,633
Revenues and Other Sources
69,662
69,662
Expenditures and Other Uses
90,917
90,917
Ending Fund Balance
$
378
$
378
2001
2001
Proposed
Adopted
Budget
Budget
Employee Housing Fund
Beginning Fund Balance
$
3,149
$
3,149
Revenues and Other Sources
39,180
39,180
Expenditures and Other Uses
39,180
39,180
Ending Fund Balance
$
3,149
$
3,149
2001
2001
Proposed
Adopted
Budget
Budget
Water Fund
Beginning Fund Balance
$
2,027,786
$
2,027,786
Revenues and Other Sources
583,500
653,500
Expenditures and Other Uses
576,920
576,920
Ending Fund Balance
$
2,034,366
$
2,104,366
2001
2001
Proposed
Adopted
Bud et
Budget
Debt Service Fund
,Beginning Fund Balance
$
47,501
$
47,501
Revenues and Other Sources
1,273,994
1,273,876
Expenditures and Other Uses
1,273,994
1,273,876
Ending Fund Balance
$
47,501
$
47,501
2
Wildridge Special Assessment Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Avon Metropolitan 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
Transit Enterprise Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
2001
Proposed
Budget
$ 31,089
56,231
57,500
$ 29,820
2001
Proposed
Budget
$ 31,892
567,872
567,872
$ 31,892
2001
Proposed
Budget
$ 571,109
561,730
561,730
$ 571,109
2001
Proposed
Budget
$ 248,874
3,263,005
3,263,005
$ 248,874
2001
Adopted
Budget
$ 31,089
56,231
57,500
$ 29,820
2001
Adopted
Budget
$ 31,892
567,815
567,871
$ 31,836
2001.
Adopted
Budget
$ 770,032
755,352
755,352
$ 770,032
2001
Adopted
Budget
$ 248,874
3,263,005
3,263,005
$ 248,874
3
2001
2001
Proposed
Adopted
Budget
Budget
Sherwood Meadows Enterprise Fund
Beginning Fund Balance
$
198,923
$
0
Revenues and Other Sources
287,604
287,604
Expenditures and Other Uses
287,604
287,604
Ending Fund Balance
$
198,923
0
2001
2001
Proposed
Adopted
Budget
Budget
Fleet Maintenance Internal Service Fund
Beginning Fund Balance
$
(85,353)
$ .
(85,353)
Revenues. and Other Sources
1,708,461
1,777,244
Expenditures and Other Uses
1,578,685
1,578,685
Ending Fund Balance
$
44,423
$
113,206
2001
2001
Proposed
Adopted
Budget
Budget
Equip. Replacement Internal Service Fund
Beginning Fund Balance
$
429,253
$
429;253
Revenues and Other Sources .
553,523
553,523
Expenditures and Other Uses
278,050
278,050
Ending Fund Balance
$
704,726
$
704,726,
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 14' day of November, 2000.
4
TOWN OF AVON, COLORADO
y Yod
ayor
Town Clerk