URA Res. No. 14-02 Amending the 2014 Avon URA BudgetAVON URBAN RENEWAL AUTHORITY
TOWN OF AVON, COLORADO
RESOLUTION NO. 14 -02
SERIES OF 2014
A RESOLUTION AMENDING THE
2014 AVON URBAN RENEWAL AUTHORITY BUDGET
WHEREAS, the Board of Commissioners of the Avon Urban Renewal Authority has
previously adopted the 2014 budget;
WHEREAS, the Board of Commissioners of the Avon Urban Renewal Authority reviewed
the revised estimated revenues and expenditures for all funds for 2014;
WHEREAS, the Board of Commissioners of the Avon Urban Renewal Authority finds it
necessary to amend the 2014 budget to more accurately reflect the revenues and expenditures for
2014;
WHEREAS, upon due and proper notice, published or posted in accordance with the law,
the proposed budget amendment to the 2014 budget was open for inspection by the public at a
designated place, a public hearing was held on November 11, 2014 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 BOARD OF COMMISSIONERS
OF THE AVON URBAN RENEWAL AUTHORITY:
Section 1. That estimated revenues and expenditures for the Avon Urban Renewal Authority
are revised as follows for 2014:
Original or
Current
Previously
Proposed
Amended
Amended
2014 Budget
2014 Budget
Avon Urban Renewal Authority
Beginning Fund Balance
$ 1,360,825
$ 1,511,030
Revenues and Other Sources
739,648
741,328
Expenditures and Other Uses
1,468,669
1,475,523
Ending Fund Balance
$ 631.804
776.835
Section 2. That the budget, as submitted and amended hereby is approved and adopted as the
budget of the Avon Urban Renewal Authority for the year stated above.
Section 3. That the budget hereby approved and adopted shall be signed by the Chairman
and made part of the public record of the Authority.
ADOPTED this 11" day of November, 2014.
AVON URBAN RENEWAL AUTHORITY
Rich Carroll, Chairman
Scott Wright, Treasurer
CERTIFIED:
Debbie Hoppe
Authority Clerk