TC Res. No. 2010-23 Amend the 2010 town of avon capital projects and fund budgetTOWN OF AVON
RESOLUTION NO. 10 -23
SERIES OF 2010
A RESOLUTION TO AMEND THE 2010 TOWN OF AVON CAPITAL
PROJECTS FUND BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES
AND AMENDING THE 2010 CAPITAL PROJECTS FUND BUDGET FOR THE
TOWN OF AVON, COLORADO, FOR THE CALENDAR YEAR BEGINNING
ON THE FIRST DAY OF JANUARY, 2010 AND ENDING ON THE LAST DAY
OF DECEMBER, 2010
WHEREAS, the Town Council of the Town of Avon has adopted the 2010
Capital Projects Fund budget; and
WHEREAS, the Town Council has reviewed the revised estimated revenues and
expenditures for 2010; and
WHEREAS, the Town Council finds it necessary to amend the 2010 Capital
Projects Fund budget to more accurately reflect the revenues and expenditures for 2010;
and
WHEREAS, upon due and proper notice, published or posted in accordance with
the law, the proposed budget amendment to the 2010 budget was open for inspection by
the public at a designated place, a public hearing was held on November 23, 2010 and
interested taxpayers were given the opportunity to file or register any objections to the
proposed budget amendment; 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 revised as follows for 2010:
Town of Avon
Resolution No. 10 -23
Page 1 of 2
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, amended, and
adopted shall be signed by the Town Manager and made part of the public record of the
Town.
ADOPTED this 23rd day of November, 2010.
ATTEST:
Town of Avon
Resolution No. 10 -23
Page 2 of 2
TOWN-M AVON, COLORADO
Ronald C. Wolfe, Mayor
0. AI�c�,`C
:SEAL:
Original or
Current
Previously
Proposed
Amended
Amended
2010 Budget
2010 Budget
Capital Proiects Fund
Beginning Fund Balance
$ 5,588,319
$ 5,539,422
Revenues and Other Sources
4,500,330
7,508,532
Expenditures and Other Uses
6,960,614
7,418,630
Ending Fund Balance
3,128,035
$ 5,629.324
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, amended, and
adopted shall be signed by the Town Manager and made part of the public record of the
Town.
ADOPTED this 23rd day of November, 2010.
ATTEST:
Town of Avon
Resolution No. 10 -23
Page 2 of 2
TOWN-M AVON, COLORADO
Ronald C. Wolfe, Mayor
0. AI�c�,`C
:SEAL: