HomeMy WebLinkAboutOrdinance No. 2024-25ORDINANCE NO.2024-25
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
FRIENDSWOOD, TEXAS, APPROVING AND ADOPTING THE CITY OF
FRIENDSWOOD, TEXAS, GENERAL BUDGET FOR FISCAL YEAR
2024-25; MAKING APPROPRIATIONS FOR THE CITY FOR SUCH
FISCAL YEAR AS REFLECTED IN SAID BUDGET, AND MAKING
CERTAIN FINDINGS AND CONTAINING CERTAIN PROVISIONS
RELATED THERETO; AND PROVIDING FOR THE PUBLICATION AND
EFFECTIVE DATE THEREOF.
WHEREAS, on July 31, 2024, the City Manager submitted to the City Council a
proposed budget of the expenditures of the City of Friendswood for the fiscal year 2024-25
along with an accompanying budget message, a summary copy of which is attached hereto
as Exhibit "A" and is made a part hereof; and
WHEREAS, on August 5, 2024, the City Council called a public hearing on the
budget for August 26, 2024, at 5:30 p.m. in the Council Chamber of the Friendswood City
Hall; and
WHEREAS, after posting proper notice, the City Council, on August 26, 2024,
conducted a public hearing on the proposed budget, at which hearing any person had the
opportunity to be present and participate in the hearing; 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 and were in the best
interests of the citizens and taxpayers of the City; 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 2024-25 fiscal year,
and has determined that the proposed budgeted expenditures will not exceed total estimated
income plus funds available from prior years; 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 for the ensuing fiscal year beginning
October 1, 2024, and ending September 30, 2025, as finally submitted to the City Council
by the City Manager, a copy of which is on file with the City Secretary.
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 2024-25, 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 and are further
summarized in Exhibit "A," which is attached hereto and incorporated herein for all intents and
purposes:
Beginning Fund Balance, 10/l/2024....................................$ 73,334,551.00
Total Revenues.....................................................................$ 85,044,677.00
Total Resources Available for Appropriation* ....................$ 158,379,218.00
Total Expenditures and Other Financing Uses .....................$ 108,172,723.00
Ending Fund Balance...........................................................$ 50,206,495.00
* Includes Planned Use/Carry Over Fund Balance/Retained Earnings
Section 4. This ordinance shall remain in full force and effect from and after its
passage and approval by the City Council, and it shall be published in accordance with law.
INTRODUCED, READ AND PASSED on first and final reading by the affirmative, record vote
of the City Council of the City of Friendswood on this the 26'h day of August, 2024.
24 l�
MIK rRErl
Mayor
APPROVED AS TO FORM:
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HACity Council\Ordinances\2024\08-26-2024\Ordinance - Budget Adoption.dmx
"Exhibit A"
CITY OF FRIENDSWOOD
PROPOSED BUDGET SUMMARY
FISCAL YEAR 2024-2025
PROPOSED
BUDGET
REVENUES
Taxes
42.4134,9D2
Charges for Services
23.525.618
Permits and Lwenses
848,968
Fines
1.021.i198
Intergovemmentai Revenues
12.828.66t
Interest
2386.053
Vehade Lease Reuntursements
1.155.-11-V
Miscellaneous Receipts
878,931
TOTAL REVENUES
85.0".667
Fund Balance Used or (Carried Forward)
Genera+ Fam
-
Pokce Investgaucn Fund
*4148)
Cwmntnity Development Block Grant FurM - Hams County
-
Cornrnuriity Devedounent Block Grant Fund - Gaiveston County
-
2021 Coronavrus State & Local Fiscal Recovery Grant Fund
782.168
F-imFMS Donamn Fund
50.9m
Municipal Court BuWvV Seour4y,7eohnoldgy Fund
;597)
Tax Debt Service Fund
i B8.930)
20i&2017 GO Bond Funds
322.W
2020 GO Bads Fund
-
2xi21 GO Bonds Fund
2338,G38
2023 GO Bads Fund
15.859259
Sidewaft Installation Fund
1122)
Pak Land Demcata- Fund
(53,137)
Streets Improvement Fund
1.180,605
Fwd Downtrnm Economic Developmerit Improvements Fund
(865,189)
1776 Pan Trust Fund
459)
Water & Sewer Operations Ford
I.5W. 162
2016 Wager, & Sewer Bond Constructor, Fund
-
2018 Wale. & Sewer Bend Constructor Fund
-
2f721 Water & Sewer Bono Caastrucmn Fund
2.700,LU0
Water Irrpact Fees
(47, 10D)
Sew +myact Fees
1115,843)
Water acn Seger Revenue Debt Service
(109.042)
Ve- de Replaccmnent Plan Fund
(428.295)
23,1128,056
Total Resources Available
IN J72-M
EXPENDITURES
Genera; Govemmert
9.199.251
Putk+c Safety
201883,895
Canmundy Deveroonent
1.481.710
PUN< Vvoks
15.545110
Engee- -q
1.328A27
Parks & Rer- anon
5.997.440
I:NXary
1.495.438
Veh+cle Replacement Fund
777,59D
Capital Improvements
40.223,375
Debt Servce
11-270,377
TOTAL EXPENDITURES
100.172,723
REVENUES OVER (UNDER) EXPENDITURES
-
BEGINNING FUND BALANCE
73,331,551
ENDING FUND BALANCE 50,20S,495