HomeMy WebLinkAboutOrdinance No. 2006-24 (Title: An ordinance adopting the City of Friendswood, Tezas, General Budget for the
Fiscal Year 2006/2007.)
ORDINANCE NO.2006-24
AN ORDINANCE APPROVING AND ADOPTING THE CITY OF
FRIENDSWOOD, TEXAS, GENERAL BUDGET FOR THE FISCAL
YEAR 2006/2007; MAKING APPROPRIATIONS FOR THE CITY FOR
SUCH FISCAL YEAR AS REFLECTED IN SAID BUDGET, AND
MAKING CERTAIN FINDINGS AND CONTAINING CERTAIN
PROVISIONS RELATING TO THE SUBJECT.
* � * * * * * * � � *
WHEREAS, on August 1, 2006, the City Manager presented to the City Council a
proposed Budget of the expenditures of the City of Friendswood for the fiscal year 2006/2007, a
summary copy of which is attached hereto as Exhibit"A" and is made a part hereof; and
WHEREAS,pursuant to notice as required by law, public hearings on such Budget were
held in the Council Chambers in the City Hall, at which hearings all citizens and taxpayers of the
City had the right to be present and to be heard and those who requested to be heard were heard;
and
WHEREAS, the City Council has considered the proposed budget and has made such
changes therein as in the City Council's judgment were warranted by law and were in the best
interests of the citizens and taxpayers of the City; and
WHEREAS, a copy of the Budget has been filed with the City Secretary and the City
Council desires to adopt the same; and
WHEREAS, in accordance with Section 8.03 (a) of the City Charter, the City Council
has reviewed estimates of revenue to be derived by the City during the 2006/2007 fiscal year,
and has determined that the proposed budgeted expenditures will not exceed total estimated
income; now,therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD,
STATE OF TEXAS:
Section 1. The facts and matters set forth in the preamble of this Ordinance are
hereby found to be true and correct.
Section 2. In accordance with Section 8.03 (e) of the City Charter, the City Council
hereby approves and adopts the Budget described above, the same being on file with the City
Secretary. The City Secretary is hereby directed to place on said budget and to sign an
endorsement reading as follows: "The Original General Budget of the City of Friendswood,
Texas, for the fiscal year 2006/2007," and to keep such Budget on file in the City Secretary's
Office as a public record.
Section 3. In support of said Budget and by virtue of the adoption thereof, there are
hereby appropriated out of available cash funds and out of the general and special revenues of
the City that will be received in the treasury during the fiscal year 2006/2007, the amounts set
forth in said approved Budget for the various purposes stated therein. The total amounts now
thus appropriated and the funds from which the same are derived are as follows;
Beginning Fund Balance, l0/O1/2006 $ 15,186,898
Total Revenues $28,507,028
Total Resources Available for Appropriation $43,693,926
Total Ezpenditures and Other Financing Uses $27,323,437
Ending Fund Balance,9/30/2007 16.370.489
PASSED, APPROVED, AND ADOPTED on first and final reading this 25th day of
September,2006.
avid J. H S ith
Mayor
ATTEST:
� F R�ENO
� �� s�p
L� O
Deloris McKenzie, T C
� o
City Secretary * *
�
�4r� � t��P�
Ord.2006-24 2
CITY OF FRIENDSWOOD
PROPOSED BUDGET SUMMARY
FISCAL YEAR 2006-2007
os-o�
PROPOSED
BUDGET
REVENUES
Taxes 16,237,657
Charges for Services 9,210,100
Permits and Licenses 506,200
Fines 949,708
Intergovernmental Revenues 231,576
I nterest 495,367
Vehicle Lease Reimbursements 420,770
Miscellaneous Receipts 455,650
TOTAL REVENUES 28,507,028
EXPENDITURES
General Government 3,997,650
Public Safety 7,351,114
Community Development 1,188,627
Public Works 5,817,615
Community Services 3,118,789
Vehicle Replacement Fund 416,985
Capital Improvements 1,546,822
Debt Service 3,885,835
TOTAL EXPENDITURES 27,323,437
REVENUES OVER(UNDER) EXPENDITURES 1,183,591
BEGINNING FUND BALANCE 15,186,898
ENDING FUND BALANCE 16,370,489