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TC Res. No. 2014-17 To Amend The 2014 TOA BudgetTOWN OF AVON, COLORADO RESOLUTION NO. 14 -17 SERIES OF 2014 A RESOLUTION TO AMEND THE 2014 TOWN OF AVON BUDGET A RESOLUTION SUMMARIZING EXPENDITURES AND REVENUES BY FUND AND AMENDING THE 2014 BUDGET FOR THE TOWN OF AVON, COLORADO, FOR THE CALENDAR YEAR BEGINNING ON THE FIRST DAY OF JANUARY, 2014 AND ENDING ON THE LAST DAY OF DECEMBER, 2014 WHEREAS, the Town Council of the Town of Avon has previously adopted the 2014 budget; and WHEREAS, the Town Council reviewed the revised estimated revenues and expenditures for all operating funds for 2014; and WHEREAS, the Town Council finds it necessary to amend the 2014 budget to more accurately reflect the revenues and expenditures for 2014; 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 2014: General Fund Beginning Fund Balance Revenues and Other Sources Expenditures and Other Uses Ending Fund Balance Town of Avon Resolution No. 14 -17 Page 1 of 2 Original or Previously Amended 2014 Budget $ 4,853,248 13,242,295 13,395,026 4.700.517 Current Proposed Amended 2014 Budget $ 4,853,248 13,242,295 13,530,526 $ 4.565,017 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. ADOPTED this 12th day of August, 2014. TOWN OF AVON, COLORADO Richard Carroll, Mayor ATTEST: Debbie Hoppe Town Clerk Town of Avon Resolution No. 14 -17 Page 2 of 2