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TC Res. No. 2003-30TOWN OF AVON, COLORADO RESOLUTION NO. 03-30 SERIES OF 2003 A RESOLUTION TO AMEND THE 2003 TOWN OF AVON BUDGET A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES BY FUND AND AMENDING THE 2003 BUDGET FOR THE TOWN OF AVON, COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 2003, AND ENDING ON THE LAST DAY OF DECEMBER, 2003. WHEREAS, the Town Council of the Town of Avon has adopted the 2003 budget; and WHEREAS, the Town Council reviewed the revised estimated revenues and expenditures for 2003; and WHEREAS, the Town Council finds it necessary to amend the 2003 budget to more accurately reflect the revenues and expenditures for 2003; 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 2003: Original or Previously Amended 2003 Budget Capital Proiects Fund Beginning Fund Balance $ 2,489,887 Revenues and Other Sources 2,501,149 Expenditures and Other Uses 1,882,271 Current Proposed Amended 2003 Budget $ 2,489,887 2,501,149 1,939,212 Ending Fund Balance 3,108,765 3,051.824 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 22"d day of July, 2003. ATTEST: Mc~ Pa Mc envy, To rk g~11 C F A k SEA1-4 ~EOLORA TOWN OF AVON, COLORADO Albert D. Reynolds, Ma or 2