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HomeMy WebLinkAboutOrdinance No. 2008-33 (Title: An ordinance adopting the City of Friendswood, Texas, General Budget for the, Fiscal Year 2008/2009.) ORDINANCE NO.2008-33 AN ORDINANCE APPROVING AND ADOPTING THE CITY OF FRIENDSWOOD, TEXAS, GENERAL BUDGET FOR THE FISCAL YEAR 2008/2009; 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 July 31, 2008, the City Manager presented to the City Council a proposed Budget of the expenditures of the City of Friendswood for the fiscal year 2008/2009, 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 th� 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 2008/2009 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 ie 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 endorsement reading as follows: "The Original General Budget of the City of Friendswood, Texas, for the fiscal year 2008/2009," 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 2008/2009, 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, 10/01/2008 $22,009,079 I Total Revenues $34,518,388 Total Resources Available for Appropriation $56,527,467 Total Expenditures and Other Financing Uses $35,244,577 Ending Fund Balance,9/30/2009 $21.282.890 PASSED, APPROVED, AND ADOPTED on first and final reading this 22nd day of September,2008 — 6 Davi . H. th Mayor ATTEST: FR'ND 4P A 04�14 V G D loris McKenzie, 'rRMC f City Secretary O f�rF ffF Ord.2008-33 2