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TC Res. No. 2005-12 AMEND THE 2005 TOWN OF AVON BUDGETTOWN OF AVON, COLORADO RESOLUTION NO. 05-12 SERIES OF 2005 A RESOLUTION TO AMEND THE 2005 TOWN OF AVON BUDGET A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES BY FUND AND AMENDING THE 2005 BUDGET FOR THE TOWN OF AVON, COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 2005, AND ENDING ON THE LAST DAY OF DECEMBER, 2005. WHEREAS, the Town Council of the Town of Avon has adopted the 2005 budget; and WHEREAS, the Town Council reviewed the revised estimated revenues and expenditures for 2005; and WHEREAS, the Town Council finds it necessary to amend the 2005 budget to more accurately reflect the revenues and expenditures for 2005; 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 funds are amended as follows for 2005: Original or Previously Amended 2005 Budget General Fund Beginning Fund Balance $ 3,880,135 Revenues and Other Sources 10,413,978 Expenditures and Other Uses 10,408,356 Current Proposed Amended 2005 Budget $ 3,880,135 10,413,978 10,418,356 Ending Fund Balance 3.885.757 $ 3.875.757 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 March 2005. ft J 1 r ATTEST: . Qm~ Patty M e y, To k T O AVON,C ORADO Ronald C. Wolfe, Mayor Resolution No. 05-12 Amend 05 Budget Page 2 of 2 General Fund #10 Amendment #3 - - FUENIS- lmma REVENUES Taxes Licenses and Permits Intergovemmental Charges_for.Services Fines and'.Forfeitures Investment Earnings Other Revenue Total Operating Revenues Other Sources Sales of Fixed Assets Transfer-In From Capital Projects Fund Capital Lease Proceeds Total Other Sources TOTAL REVENUES EXPENDITURES General Government Community Development Public Safety Public Works Recreation and Culture Total Operating Expenditures Final Original or Current Revised Prev. Amend. Proposed Difference Actual Budget Budget Amendment Increase 2003 2004 2005 2005 (Decrease) $ 6,396,695 $ 6,530,377 $ 7,017,344 $ 7,017,344 $ - 186,948 213,600 •136,600 136,600 - 623,070 697,440 693,099 693,099 - 1,655,017 1,876,089 1,965,579 1,965,579 - 56,866 50,750 50,750 50,750 - 102,573 125,000 150,000 150,000 = 265,693 234,702 272,106 272,106 9,286,862 9,727,958 10,285,478 10,285,478 - 378 1,500 1,500 1,500 - 200,000 50,000 50,000 50,000 - 339,000 75,800 77,000 77,000 - 539,378 127,300 128,500 128,500 - $ 9,826,240 $ 9,855,258 $ 10,413,978 $ '10,413,978 $ - $ 1,432,538 $ 1,584,847 $ 1,663,519 $ 1,673,519 $ 10,000 416,569 507,129 523,231 523,231 - 1,557,109 1,648,650 1,712,244 1,712,244 - 2,515,157 2,629,455 2,799,207 2,799,207 - 1,939,224 2,040,771 2,111,853 2,111,853 7,860,597 8,410,852- 8,810,054 8,820,054 10,000 _ Other Uses transfers-Out to Mall Maintenance - - 15,000 15,000 - Transfers-Out to Debt Service 480,120 480,120 482,615 482,615 - Transfers-Out to Wildridge SID - 2,500 8,000 8,000 - Transfers-Out to Finance Authority 140,059 137,999 132,687 132,687 - Transfers-Out to Transit 700,000 390,000 800,000 800,000 - Transfers-Out to Sherwood Meadows 150,000 123,964 - - - Transfers-Out to Fleet Maintenance 220,000 190,000 160,000 - 160,000 - Total Other Uses TOTAL EXPENDITURES NET SOURCE (USE) OF FUNDS FUND BALANCES,' Beginning of Year FUND BALANCES, End of Year, 1,690,179 1,324,583 1,598,302 1,598,302 - 9,550,776 9,735,435 10,408,356 10,418,356 10,000. 275,464 119,823 5,622 (4,378) (10,000) 3,484,848 ' 3,760,312 3,880,135 3,880,135 - $ 3,760,312 $ 3,880,135 $ 3,885,757 $ 3,875,757 $ _ (10,000) Page 1 General Fund #10 Amendment #3 - - - RWvenue~ei~l. Final Revised Account Actual Budget Number Description 2003 2004 Taxes: 51101 General Property Tax 51102 General Property Tax - Delinquent Collections 51103 General Property Tax - Interest 51201 Specific Ownership Tax 51301 Sales Tax 51302 Utility Tax 51303 Accommodation Tax 51304 Penalties and Interest 51305 Sales Tax Audit Assessments 51306 Payments In-Lieu-Of Sales Tax 51402 Franchise Fees 51000 Total Taxes Licenses and Permits: 52101 Liquor Licenses, 52102 -Business Licenses 52103 Contractor's Licenses 52201 Building Permits 52203 Plumbing Permits 52204 Mechanical Permits 52205 Road Cut Permits 52206 Other Licenses and Permits 52000 • Total Licenses and Permits Intergovernmental: Federal Grants: 53199 Other Federal Grants Subtotal: Federal Grants State Grants 53299 Other 15,151 8,640 - - - 15,151 8,640 - - 11,212 12,000 9,954 9,954 - Subtotal: State Grants 11,212 12,000 9,954 9,954 State/County Shared Revenue: 53301 Conservation Trust 53,824 53,000 53,000 53,000 53302 Motor Vehicle Registration 20,261 20,000 20,000 20,000 53303 Highway User's Tax - 141,582 141,759 147,645 147,645 53304 Cigarette Tax 35,255 35,000 35,000 35,000 53305 County Sales Tax 224,836 304,541 305,000 305,000 53306 Road & Bridge Fund 120,949 122,500 122,500 122,500 Subtotal: Shared Revenue 596,707 676,800. 683,145 '683,145 53000 Total intergovernmental 623;070 697,440 693,099 693,099 Original or Current Prev. Amend. Proposed' Difference Budget Amendment Increase 2005 2005 (Decrease) $ 1,290,623 $ 1,309,558 $ 1,370,489 $ 1,370,489 $ - - 100 100 100 - 2,642 1,500 1,500 1,500 - 147,760 155,000 155,000 155,000 4,125,558 3,989,977 4,106,378 4,106,378 = 116,981 125,000 130,000 130,000 - - - 322,400 322,400 - 18,407 15,000 15,000 1000 - - - 20,000 20,000 - 449,231 629,242 576,477 576,477 - 245,493 305,000 320,000 320,000 - 6,396,695 6,530,377 7,017,344 7;017,344 - 5,736 3,500 3,500 3,500 - 20,415 20,000 20,000 20,000 - 13,715 10,000 10,000 10,000 - 111,951 150,000 82,000 82,000 - 12,990 12,000 7,500 7,500 - 14,992 12,000 7,500 7,500 - 7,149 6,000 6,000 6,000 - - 100 100 100 - 186,948 213,600' 136,600 136,600 - Page 2 General Fund #10 Amendment #3 Revenue D#fi i Final Original or Current Revised Prev. Amend: Proposed Difference Account Actual Budget Budget Amendment In Number Description 2003 2004 2005 2005 (Decrease)_ Charges for Services: General Government: 54101 Sale of Map and Publications 54102 Photocopying Charges 54103 License Hearing Fees - 54104 Other Fees and Charges . 54201 Plan Check Fees 54202 Subdivision Review Fees 54203 Design Review Fees 54204 Animal Control Fees 54205 Abatement Services 54301 Police Reports 54302 Police Contract Services 54303 Fingerprinting Fees 54304 VIN Inspection Fees 54305 False Alarm Fees/Misc Police Dept Fees 54452 Sherwood Meadows Maintenance Charges 54453 Village at (Avon) Municipal Services Subtotal: General Govern. Recreation Facility: 64601 Admission Fees 54602 Program Fees 54603 • Rentals 54604 Merchandise Sales 54606 Childcare 54606 Rec Center Services 54607 Fitness Program Revenues 54608 Locker Rental Other Recreation: 64661 Adult Program Revenues 54652 Cabin Equipment Rentals 54653 Athletic Field Rentals 54654 Cabin Concessions 54655 Youth Program'Revenues 54676 Sponsorships 54677 Advertisements 54678 Event Fees Subtotal: Recreation 54000 Total Charges for Services 361 500 500 500 - 1,483 1,500 1,500 1500 - 100 100 100 100 - 1,844 1,500 1,500 1,500 - 98,549 85,000 59,800 59,800 - 218,058 94,000 15,000 15,000 - 34,305 20,000 15,000 95,000 - 120 120 100 100 - 1,535 100 100 100 - 6,032 6,000 6,000 6,000 - 4,713 6,750 6,750 6,750 - 1,872 2,500 2,500 2,500 - 11,718 17,750 17,750- 17,750 - 1,531 - - - - 143,310 396,005 521,268 521268 - 525,531 631,825 647,868 647,868 - 836,190 953,794 998,458 998,458 - 39,148 40,546 40,546 40,546 - 3,192 500 4,000 4,000 - 8,111 10,400 10,400 10,400 - 12,711 17,000 17,000 17,000 - 16,292 17,000 17,000 17,000 - 8,626 6,554 8,947 8,947 - 150 150 300 300 - 14,770 14,720 15,740 15,740 - 38;119 30,600 30,600 30,600 - 2,224 4,000 3,000 3,000 - 5,223 4,000 5,000 5,000 - 71,344 50,000 61,720 61,720 - 50,050 72,000 82,000 82,000 - 3,750 5,000 5,000 5,000 - 19,586 18,000 18,000 18,000 - 1,129,486 1,244,264 1,317,711 1,317,711 - 1,655,017 1,87089 1,965,579 1,965,579 - Page 3 General Fund #10 Amendment #3 Revenue Dew Final Original or Current Revised Prev. Amend. Proposed Difference Account Actual Budget Budget Amendment Increase Number Description 2003 2004 2005 2005 (Decrease) Fines and Forfeitures: 55101 Court Fines - Traffic 19,767 15,000 15,000 15,000 - 55102 Court Fines - Criminal 26,661 25,000 25,000 25,000 - 55103 Court Fines - Parking 3,357 5,000 5,000 5,000 - 55104 Court Fines - General - 500 500 500 - 55105 Court Costs 4,908 4,000 4,000 4,000 - 55106 Jury Fees 35 200 200 200 - 55107 Bond Forfeitures 900 900 900 900 - 55108 Miscellaneous Court Revenues 1,238 150 150 150 - 55000 Total Fines and Forfeitures 56,866 50,750 50,750 50,750 - Investment Earnings: 57101 Interest 102,573 125,000 150,000 150,000 - 57000 Total Investment Earnings 102,573 125,000 150,000 150,000 - Other Revenues: 58101 Recreational Amenity Fees - 89,612 135,978 171,206 171,206 - 58103 Recreational Impact Fee 70,224 - - - - 58106 Community Enhancement Fees 44,767 42,824 45,000 45,000 - 58109 Debt Issuance Fees 20,997 11,900 11,900 11,900 - 58201 , Lease of Town-Owned Property 1,000 4,000 4,000 4,000 - 58999 Miscellaneous Nonclassified Revenues 39,093 40,000 40,000 40,000 - 58000 Total Other Revenues 265,693 234,702 272,106 272,106 - 50000 TOTAL REVENUES $ 9,286,862 $ 9,727,958 $ 10,285,478 $ 10,285,478 $ - Page 4 General Fund #10 Amendment #3, _ De artinentEx enciiture umlrnanes ' Dept.!Div. Number Description General Govemment: Legislative: 111 Mayor and Town Council 112 Boards and Commissions 113 Town Attorney 114 Public Relations 115 Town Clerk Total Legislative Judicial: 121 Municipal Court Executive: 131 Town Manager 132 Human Resources Total Executive Finance Department: 141 Finance 142 Information Systems 149 Nondepartmental Total Financial Administration Total General Government Community Development: 211 Administration 212 Planning 213 Building Inspection Total Community Development Police Department: 311 Administration - 312 Patrol 313 Investigations 315 Neighborhood Services Total Police Final Original or Current Revised Prey. Amend. Proposed Difference Actual Budget Budget Amendment Increase 2003. 2004 _ 2005 2005 (Decrease) $ 92,299 $ 95,752 $ 103,392 $ 103,392 $ - 11,591 15,342 15,602 15,602 - 62,860 106,000 80,000 80,000 - 75,658 72,890- 110,510 120,510 10,000 77,842 100,889 91,718 91,718 - 320,250 390,873 401,222 411,222 10,000 68,967 77,236 85,318 85,318 - 213,099 236,083 252,254 252,254 - 107,643 113;958 113,518 113,518 320,742 -350,041 365,772 365,772 - 416,985 451,766 479,409 479,409 - 114,710 128,761. 131,588 131,568 - 190,884 186,170 200,210 200,210 722,579 766,697- 811,207 811,207 - 1,432,538 1,584;847 1,663;519 1,673,519 10,600 i 100,926 112,855 129,659 129,659 - 121,773 166,986 210,712 210,712 - 193,870 227,288 182,860 182,860, 416,569 507,129 523,231 523,231 262,510 270,560 278,010 278,010 1,131,195' 1,286,772 1,336,510 1,336,510 82,300 91,328 97,724 97,724 81,104 - - - 1,557,109 1,648,650 1,712,244 1,712,244 Page 5 General Fund #10 Amendment #3 - De artm~ant Ex _ -UNW-65ri Final Original or Current Revised Prev. Amend. Proposed Difference Dept./Div. Actual Budget Budget Amendment Increase Number Description 2003 2004 2005 2005 (Decrease)- Public Works: 411 Administration 412 Engineering 413 Roads and Streets 414 Facilities Maintenance 415 Parks - Total Public Works Recreation and Culture: 513 Special Events 514 Administration 515 Adult Programs 516 Aquatics 517 Childcare 518 Fitness 519 Front Desk 520 ,Maintenance 521 Youth Programs 522 Cabin Total Recreation and Culture TOTAL OPERATING EXPENDITURES 127,614 89,504 92,174 92,174 - 336,581 278,031 273,012 273,012 - 1,057,039 1,127,727 1,204,025 1,204,025 - 289,914 334,542 385,388. 385,388 - 704,009 799,651 844,608 844,608 - 2,515,157 2,629,455 2,799,207 2,799,207 183,969 237,333 238,260 238,260 - 333,844 309,840 294,144 294,144 - 83,476 87,242'- 45,346 45,346 - 377,420 372,447 380,250 380,250 - 54,501 62,531 37,688 37,688 - 127,389 102,269 99,265 99,265 - 198,548 225,630 271,280 271,280 - 495,561 569,720 610,936 610,936 - 84,516 73,759 87,483 87,483 - - - 47,201- 47,201 - 1,939,224 2,040,771 2,111,853 2,111,853 $ 7,860,597 $ 8,410,852 $ 8,810,054 $ 8,820,054- $ _ 10,000 Page 6 - Tow n of A von M emo TO. Honorable Mayor and Town Council Thnr Lary Brooks, Town Manager From: Scott Wright, Finance DirectdQ - Date:' March 17, 2005 Re: Resolution 05-12, Budget Amendment Summary: A budget amendment is proposed to the General Fund for a contribution to Bravo in the amount of $10,000. Background: A request was made at the last Town Council meeting for a contribution in the amount of $10,000 for Bravo's educational outreach programs in Avon, including attending certain Avon special events. Recommendation: Staff recommends that Council adopt the resolution discussed above as presented. Town Manager Comments: Attachments: A - Resolution 05-12 B - Summary of Proposed Amendment Page 1