TC Res. No. 2013-32 Amend 2013 BudgetTOWN OF AVON, COLORADO
RESOLUTION NO. 13 -32
SERIES OF 2013
A RESOLUTION TO AMEND THE 2013 TOWN OF AVON BUDGET
A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES BY
FUND AND AMENDING THE 2013 BUDGET FOR THE TOWN OF AVON,
COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY
OF JANUARY, 2013 AND ENDING ON THE LAST DAY OF DECEMBER, 2013
WHEREAS, the Town Council of the Town of Avon has previously adopted the
2013 budget; and
WHEREAS, the Town Council reviewed the revised estimated revenues and
expenditures for all operating funds for 2013; and
WHEREAS, the Town Council finds it necessary to amend the 2013 budget to
more accurately reflect the revenues and expenditures for 2013; and
WHEREAS, upon due and proper notice, published or posted in accordance with
the law, the proposed budget amendment to the 2013 budget was open for inspection by
the public at a designated place, a public hearing was held on November 26, 2013 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 following funds are
revised as follows for 2013:
General Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Town of Avon
Resolution No. 13 -32
Page 1 of 3
Original or
Previously
Amended
2013 Budget
$ 3,563,274
12,342,425
12.226.685
$ 3,679,014
Current
Proposed
Amended
2013 Budget
$ 3,563,274
12,680,499
12,097,634
$ 4.146,139
Town Center West Maintenance Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Community Enhancement Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Water Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Affordable Housing Fund
Beginning Fund Balance
Revenues and Other Sources
Expenditures and Other Uses
Ending Fund Balance
Debt Service 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
Town of Avon
Resolution No. 13 -32
Page 2 of 3
Original or
Previously
Amended
2013 Budget
$ 26,773
290,000
300.700
$ 16,073
$ 460,468
75,000
350,000
185,468
$ 1,663,063
397,000
1,390,621
$ 699.442
$ 535,975
0
1.700
$ 534,275
$ 494,552
1,261,806
1.261.806
$ 494.552
$ 622,333
1,000,315
1,082,301
$ 540,347
Current
Proposed
Amended
2013 Budget
$ 70,978
290,000
301,040
� 59,938
$ 458,330
75,000
0
$ 533,330
$ 1,780,636
423,897
1,429,663
$ 774,870
$ 572,438
139,116
1,700
$ 709,854
$ 507,637
1,273,176
1,262,026
$ 518,787
$ 622,333
1,005,041
1,091,311
$ 536.063
Ending Fund Balance
$ 2,418,016 $ 2,433,516
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.
ovember, 2013.
Town of Avon
Resolution No. 13 -32
Page 3 of 3
TOWN OF AVON, COLORADO
Rich Carroll, Mayor
Original or
Current
Previously
Proposed
Amended
Amended
2013 Budget
2013 Budget
Fleet Maintenance Enterprise Fund
Beginning Fund Balance
$ 321,627
$ 321,627
Revenues and Other Sources
1,473,982
1,518,443
Expenditures and Other Uses
1,525,870
1,535,243
Ending Fund Balance
$ 269,739
$ 304,827
Equipment Replacement Internal Service
Fund
Beginning Fund Balance
$ 2,169,340
$ 2,169,340
Revenues and Other Sources
585,643
601,143
Expenditures and Other Uses
336,967
336,967
Ending Fund Balance
$ 2,418,016 $ 2,433,516
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.
ovember, 2013.
Town of Avon
Resolution No. 13 -32
Page 3 of 3
TOWN OF AVON, COLORADO
Rich Carroll, Mayor