TC Res. No. 2007-19 AMEND THE 2007 TOWN OF AVON CAPITALTOWN OF AVON, COLORADO
RESOLUTION NO. 07-19
SERIES OF 2007
A RESOLUTION TO AMEND THE 2007 TOWN OF AVON CAPITAL
PROJECTS FUND BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES BY
FUND AND AMENDING THE 2007 CAPITAL PROJECTS'.FUND BUDGET FOR
THE TOWN OF AVON, COLORADO, FOR THE CALENDAR YEAR
BEGINNING ON THE FIRST DAY OF JANUARY, 2007, AND ENDING ON THE
LAST DAY OF DECEMBER, 2007.
.WHEREAS; the Town Council of the Town of Avon has adopted the 2007
Capital Projects Fund budget; and
WHEREAS, the Town Council reviewed the revised estimated revenues and
expenditures for 2007; and
WHEREAS, the Town Council finds it necessary to amend the 2007 Capital
Projects Fund budget to more accurately reflect the revenues and expenditures for 2007;
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 Capital Projects
Fund is amended as follows for 2007:
Capital Proiects Fund
Beginning Fund Balance
Revenues and Other Sources -
Expenditures and Other Uses
Ending Fund Balance
Original or
Current
Previously
Proposed
Amended
Amended
2007
2007
Budget
Budget
$ 7,527,761
$ 7,731,519
7,344,752
7,344,752
9,929,919
10,383,071
4:942.594 $ 4.693;200
1
Section 2. That the Capital Projects Fund budget, as submitted; amended, and
hereinabove summarized hereby is approved and adopted as the capital program budget
of the Town of Avon for the year stated above.
Section 3. That the Capital Projects Fund budget hereby approved and adopted
shall be signed by the Town Manager and made part of the publicrecord of the Town.
ADOPTED this 12th day of June, 2007.
ATTEST:
Patti c,...enny, To erk
Ronald C. Wolfe, Mayor
2
~EX,glrS1 7- "IS" Capital Projects Fund #41
Amendment No., 2.
Fund Summa
REVENUES
Taxes
Intergovernmental
Investment Earnings
Other Revenue
Total Operating Revenues
Other Sources:. .
Transfer In from Other Funds
TOTAL REVENUES
EXPENDITURES
Capital Improvements:
Facilities
Land and Land Improvements
Roads and Streets
Recreation
Stormwater'and Drainage
Strategic Planning
Other
Developer Rebates
Total Capital Improvements
Other Uses
Operating Transfer-Out -General fund
Operating Transfer-Out - Affordable Housing
Operating Transfer-Out - Wildridge S.I.D.
Total Other Uses
TOTAL EXPENDITURES
NET SOURCE (USE) OF FUNDS
FUND BALANCE, Beginning of Year
FUND BALANCE, End of Year
Original or
Proposed
Prev. Amended
Revised' Difference
Actual Actual Budget
Budget Increase
2005 2006 2007
2007 (Decrease)
$ 3,254,490
$ 3,039,518
$ 2,150,000
$ 2,150,000 $ -
236,110
1,617,880
2,526,778
2,526,778 -
79,058
295,164
85,974
85,974 -
320,074
230,387
1,309,000
1,309,000 -
3,889,732
5,182,949
6,071,752
6,071,752 -
260,363
262;178
1,273,000
1,273,000 -
4,150,095
5,445,127
7,344,752
7,344,752 -
1,092,017
612,486
3,133,289
3,492,465
359,176
119,091
49,313
46,377
46,377
-
1,050,739
1,187,159
4,460,797
4,525,797
65,000
89,321
741,051
401,798'
430,774
28,976
-
33,441
806,559
806,559
-
270,950
310,345
375,019
375,019
-
3,920
9,312
506,080
506,080
-
132,099
1,302,297
-
-
-
2,758,137
4,245,404
9,729,919
10,183,071
453,152
50,000 80,000 200,000
- 846,000 -
10,311 - -
200,000
60,311 926,000 200,000 200,000 -
2,818,448 5;171,404 , _ _ 9,929,919 10,383,071 453,152
1,331,647 273,723 (2,585,167) (3,038,319) (453,152)
6,126,149
7,457,796 ,
7,522,329
7,731,519
209,190
$ 7,457,796
$ 7,731,519
$ 4,937,162
$ 4,693,200
$ (243,962)
Page 1
Capital Projects Fund #41
Amendment No. 2
Revenue Detail
Original or
Proposed
Prev. Amended
Revised Difference
Account
Actual .
Actual
Budget
Budget Increase
Number__ Description
2005
2006
'2007
:2007 (Decrease),
Taxes:
51401 Real. Estate Transfer Tax
$ 3,254,490 $
3,039,518
$ 2,150,000
$ 2,150,000 $
51000 Total•Taxes
3,254,490
3,039,518
2,150,000
2,150,000
Intergovernmental:
Federal Grants:
53199
CDOT Enhancement Funds Grant
53199
FTA/CDOT Transportation Center Grant
State Grants:
53299
Colorado Historical Society
Local Government/Other Agency:
53401
Eagle County Transportation Center Grant
53401
ECO Trails Grant
..53401
Village at (Avon)
53401
Confluence Metro District
53401
Vail Valley Foundation
53401
Eaglebend Housing Authority
53401
ERWSD Sewer Line Replacement
53000
Total Intergovernmental
Investment. Earnings:
57101
Interest Earnings
57000
Total Investment Earnings
171,290 171,290 -
2,130,488 2,130,488
3,920 5,880
400,000 -
-
6,000 - -
200,000
200,000 200,000 200,000
-
1,006,000 - -
1,000
- - -
25,000
25,000 25,000 -
6,190
- - - -
236,110
1,617,880 2,526,778 2,526,778 -
79,058
295,164
85,974
85,974 -
79,058
295,164
85,974
85,974 -
l
,
Other Revenues:
58102 - Utility Capital Facility.Fees
58108 Finance Charges
58104 Fireplace Fees
-Reimbursements:
58211 Sheraton Mountain Vista - 2005 Application
58211 The Gates at Beaver Creek
58211 Confluence - East West Partners
58211 Eagle River Enhancement Project - E/W Partners
58211 Eagle River Enhancement Project - Eagle Co.
58211 Eagle River Enhancement Project'- BCRC
58999 Sheriton Mountain-Vista Rebate
58999, Miscellaneous Nonclassified Revenues
58000 Total Other Revenues
319
- -
-
13. -
1,500
6,000 9,000 9,000
9,649
7,058
9,438
13,447
188,133
152,625
.2,500
50,000
50,000.
-
55,000
- -
-
- 1,300,000 1,300,000
3,535
1,244
320,074
230,387 1,309,000 1,309,000
Page 2
Capital Projects Fund #41
Amendment No. 2
Original or
Proposed
Prev. Amended
Revised Difference
Account
Actual
Actual
Budget
Budget Increase
Number
Description
2005
2006
2007
2007 (Decrease)
Other Sources:
59201
Transfer In from Other Funds
260,363
262,178.
1,273,000
1,273,000 -
59000
total Other Sources
260,363
262,178
1,273,000
1,273,000
50000
TOTAL REVENUES
$ 4,150,095 $
5,445,127
$ 7,344,752
$ 71844,752 $
•
Page 3 .
T"
IRT '
m N
C
LL Z
n
V (D
c
_
a
E
s
a
m
v
N
rn
O
r
O
O
O
N
O
CD
C~
M
O
O
O
N
co
C
to
to
M
M
N
0
0
n
°
°
o
O°
o
o
C
o
M
o
C
0
N
p
N
N
co
tn
N
C
0
C
V
M
0
w
0
00
0
0
0
r
N
Cli
r
N
c
o
C'7
O
O
R
co
t
co
N
N
n
co
0
M
c
O
O
00
N
V
N,
N
M
0
co
q
_
0
M
O
O
O
O
N
N
N
C
co
o
LQ
cz
N
r
to
to
U
C
O
h U
LO
co
et
y
U U
Lr)
N
~
Q
C Q
te
~
0
O
LO
p-
f--
GOO
co
m
,
CO
M
t-
N
0)
3
a
O
LO
O
-7
Ci
m
a
V
Gfl
m
a
o
c
Gn
P
r-
co
r--
o
o
ro
o
Cl)
ao
g
M
m
F-
7
LO
t
i
N
69
~ y
.O
C13
0
O
O
CO
P
GOO
co
C
+ N Ctl
O
.
O
I.-
+ > E
U C
a)
L
O
m
N
=v co
W
4)
p x
d W
rs3
N
W
a
d7 n
'a °o
O
c
Cl)
o
O
m N
M
a
69
cn
00
r-
'a O
C6
V
COO
CJ
M N
~i
N
CO)
M
co
rl
0
7 O
N
G MO
'
n
-
U O
N
Q
.
69
R
11
O)
~
to
N
m
O
,
o
COO
Eq
co
C
co
t0
O
a Q
LO
M
N
C
'
O
,O
C
Q
O
N
m
tTO
aci
c
c
F
C
LL
O
O
W
4
in
M
C
>
O
O
Q.
C
C
.y.
`
O
O
a
a
d
c
U
U
V
H
C
E
E >
J
C
C
y
2
m
lU
O O
.
Q
x
C
O
O 0
T
T
W
W
e
a
a x
=
>
U
o
E
LL
m
i
i
p
rn
n
n
Q.
:g
C
h
C
Y -
CO
CI
C
5
.
-
m
y
C
C
m
Q J
J
a V'
Q
C
a
r
L
L
'
a
o
t`
to
O
J
0
J
m
a
Q r
T
=
CO C
M
J
y
W
Y
w
= W
m
to
p
C
H
.
d
rn
CC M
32
cr,
0
a)
m
CD
Q
lV6
F
J .d
LL
>
0
W
N
N
LL
J
d'
C
L
CO
LO r-
cc
0
7
c
O
' O
0
c
E
o
c
o o
o
o
c
C
' CN
N N
_
M
_
M
Q
Z
v
a>
o,
a
4
Iv-
~ N
C
LL Z
V ~
d E
.O m
a Ar
W
ii E
. Q
m
c
d m
o
ci
V m
~
p p
0
0
0
0
0
0
0
0
0
0
0
0
0
co
0
0
0
0
0
0
0
0
0
.o
0
ca
o
O
o
C
0
0
0
0
0
0
C
N
O
co
to
O
to
O
O
O
O
O
O
cc
•
m p
I~
R
N
O
n
of
_
co
0
I-
n
O
M
-
M
O
co
co
M
N
N
N
O
co
M
O
a`
m
v
d
0
0
0
0
0
0
0
0
.0
0
0
0
0
co
0
0
0
o
c
o
0
0
0
0
0
4
LO
O
Ul)
o
0
o
O
o
o
co
o
O
jp
N
O
C6
O
O
O
O
O
O
fl
'O
c
m
r..
v
N
r-
C
ao
cm
n
O'
O
M
O t
co
O
M
co
M
N
N
N
'O
M
M
H
-
CJ
~
0
0
0
0
0
0
0
o
I.-
o
i
0
0
0
m
0
0
0
0
0
cc
o
v
0
n
'
c
o
o
L
L Qt ~
0
0
to
0
0
t--
O
t l%
O
0
0
.
+ a)
O_
N
O
aD
O
O
M
O
r.-
0
0
.
O
n
O
O
O
M
m
+ E" C
1.-
M
V
O
N
M
aJ
I,
o
'a
M
y
N
N
Q1
N
f
-
N
O
M
M
.r.. rn a) a
W 'p x
w
IL
o
O
0
o
M
o
o
co
c
co
o
o
0
o
m
o
co
o
c
o
h
0
0
C
rn 4)
CT
t-:
06
ui
L6
_
CD
CO
CD
O
O
O
O
o
N
O.
v,
'a
O
M
c
o
C
N
M
Q 7 N
m
r
a
w
d
0
O
O
O
co
0
co
o
0
0
0
9
0
c
o
c
n
4
0
a1
.
.
0
L6
6
0)
C)
LO
O
CL
M L O
o
co
O
M
co
C
N
M
x
W
N
j' m
c
m
m
o
co
d
co
Q
h
Q
N
U')
c
Cl)
-6 CD
N
V
M
f-
Q1
N
O
7 O
M
N
N
v
U O
M
N
O
N
Q N
CN
C)
CD
Ln
O
C14
U')
fD
O
aD
d
c
C7
to
m 0 m
~
N
M
O
7
c a a
N
c
E
E
•
m
N
c
m
CD
H
a
W
m
E
w
E
a
a
01
O)
N
N
O
U
_
o
S
a
o
m
-
o
>
>
E
E
a
U g
c
U
a)
'v
E
y
o
0
o
m
~a
C
u
C
a
u
c
m
W
m
e
L
>
Z
L
E
E
`
a
d
E
c Q
c
p
o cn
c
O
>
O
L
L
>
f
~
fi
l` m
y
C
Q
W
W
C
N
m
Q'
U
a
m
m
0
c
h
H
N
0 t
o
E
3
a N
Q
#
E
0
L
u m
m
>
E°
E
a
Q,,
<
:o
p
w
d
0
o
U
o
t
m
a
d
c.
>
.c
>
c t
= u
c
~
a
E
a
U
o.
E o
a
?
~
N
a
a
Ic
o
=
3
3c~
-
.
~3
.
d
3
a 'm
m
m
o
0
.
d
o
c
o0
0 3
cm
cL)
m
Q
Q
N
N
N
N fn
W
W
U
. C
Q)
n O
O
N
to
h
1.
O
N
M CC
o
L
f
O O
o-.0
0
0
O
0
O
o
O
c
O
o
0
0
0
0 0
0 0
N N
M f'7
N.
M
N
M
m
M
M'
M
M
M
R
M
-a
M
0
_
R
0 O.
Q
Z
•
j~
r
At
N
= N
0
O
m
~
a
LL Z
C
>
~
CD
X
W
V .d
AD E
)
m
m
a`
a C
a
V
V
H
C N
m m m
d
Q C 0
i
O
O
O.
O
'
0
0
0
0
0
0
0
0
O
O
O
O
O
O
0
0
0
0
0
0
O
O
O
O
Cn
0
N
O
O
O
O
O.
y
O
V)
N
CC)
I-
O
n
C1i
O
O
O
n
ai O
O
to
O
CO
co
N
Cn
LO
LO
ui
O
N
co
co
O
'
2
.
m
m
,
0
0
0
0
0
0
O
6
0
0
0
0
0
0
0
0
0
°
o
N
0
0
0
0
0
a
0
0
0
0
a
L
o
0
0
0
0
0
w
o
.Lo
cli
L
~
o
r-
m
o
0
o
n
o
ao
N
m
O
0
N
M
CO
-
=
U
,,0,
O
O
O
N
CD
CD
O
N'
C
0
0
0
0
.
m
O
O
O
M
CD
O
O
O
N
O
O
O
O
O
0
0
6
ch
cq
n
o
o
Co
q
o
0
0
+
N
C
CPi
L6
O
M
O
C
-
0
0
0
P:.
N
N
M
N
Cl) O
-
CO
F-
U7
-
In
1(1
c
a
n
•
o
w
tL
a
o
rn
o
~
vi
6
0
0
0
0
LO
0
0
Lq
C
w
yp a)'. n
CD
O
N
O
Go
CD
O
-
O
O
O
O
M
n
O
G O
N
C 7
N
.
O m N
a
o
M
o
'
'
'
D)
0
0
0
0
o
h
o
Lq
o
o
Iq
o
I
O
N
A
.M^
.
m O
O
N
N
M
0
N
C
O
M
LO
.
N
co
U
LO
o
n
aO
C
O
L
~
q
~
M
M
P,
N
CO
co
N^
7 0
7 C
O
.
.
U O
N
P.-
w
0
'
C
co
PI-
v
CD.
O
C
O
O
O
CCT
O
O
C
o a U
N Q
C
O
C
C4
=
U
d
C1
~
r
W
c
-
O
N
D
Q
5
C
c
c
m
~
in
c
2
0
p
p
>
a)
c
0
LO
g'
U
U
c
'E
.
d
.d
(D
*t
d
N
C
C
C
d O
C
w
r
m
~
-
c
>
0,
,
m
m
m
E
m
d
z
.C
y
y
>
o
c
C
m.
m
-M
j5
(n
>
0
°
m
`
O
9
a)
m
Y
~
C_ C
a
3
m
=
C
~
O
F
E
EL
ti~
~
m
CL
c
M
L
c
o
cn
CC
(V
ai
U)
a
E
m
V
a
a)
v
y
0
c
m
a)
c
c
m Z
o
3
-i
cc
-C
>
u a
m
°
a)
CL
C~
C7
m; m
<
m
"c
d
c
m
a)
N
E
co
P,
O
c
a)
.
O
N
N
O O
7
a
p
o
z
3~
0
M
a)
Q
U
r
U)
w
a
U
Z=
a
U
in
.
co
v
LO
CD
v
t0
CD
n
N
CD
f`
C
O
O
O
E
O
. O
O
O
O
O
O
O
O
O
_
_
U
Q
p
co
iD
co
n
n
n
n
O)
n
O
n
O
n
CA O)
n n
Z
r'
co
a)
rn
m
a
N
C
0
LL Z
. N
d ~
E
a c
CD
E
Q
V
N
v
c.
M
x
w
m ~
~ N
CIO
`
o
o -
69
O
O
O
O
O
O
O
N_
~
O
-O
O
O
"O
O
R
O
,
m O
N
N
N
C C D
O
0
N
CO
R
Lr)
O
Lf)
O
m
a
r
CV
O
N
V
v3
m
O
a
O
O
O
O
,O
O
O
O
O
0
O
0
O
v
co
0
io c
C
Lfi
N
N
N
C
O
N
N
V
r
L
L
N
N
69
m
y
CO
N
O
O D
O
CO
O
tJ
N
C'7
c
O
c
O
- O
CO
CO
+ troll cc O
(A
N Lf)
Lo
N
C
W,
(D
O
to
P
co
CAD
N E
+ C C
-
C
N
N
a' '
U m x
W p
LU
a
o
0
0
0
0
0
0
o
0 'p
N
N
C
OD
N
O
a m
Eli
0
0
0
co
o
rn
0
0
M
d p
C
N
N
CO
n
9
r U m N
CD
N
N co
C
O
cn
M
'IT
O
cc o
N
co
co _
e
N
U O
.
Q N
to
N
Lf)
W
C
C:~
C.)
M
w
O O
u) •c
N
Lo
OC)
Q
a
'
N
N
fA
N
G:
O
N
V
.
v
m
w
,
c
~
~
o
c
m
a`)
a
o
a
a
G
c
c
O
c
O
a
m
r
r
H
Z
O
L
_N
N
m
0
>
O
2
aZi
?
=
10
C
.
c
a
W
m
m
U)
m
r0
O
c
c
Ir
0-
(L
O
O
u
N
m
c
a)
m
O
O
c- t
Q
O
0
w
c
C)
y
m
G
N
d
m
f0
-
N
CO
I~
O m
CO
m
-
m
O
O
Q
sm
00
00
m
U
3
U
.
O
N
N
O
a
O
co Ln
0 0
O
O
°
° °
DCV
N
Q
2
O)
0 0)
O
O
a~
0
co
a