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HomeMy WebLinkAboutOrdinance No. 2025-23 ORDINANCE NO. 2025-23 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 2025-26; 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, 2025, the City Manager submitted to the City Council a proposed budget of the expenditures of the City of Friendswood for the fiscal year 2025-26 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 4, 2025, the City Council called a public hearing on the budget for August 25, 2025, 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 25, 2025, 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 interest 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 2025-26 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, 2025, and ending September 30, 2026, 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 2025-26, 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 10/1/2025 $90,288,216 Total Revenues $85,141,489 Total Resources Available for Appropriation $175,429,705 Total Expenditures and Other Financing Uses $116,810,629 Ending Fund Balance $58,619,076 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 25th day of August,2025. ill J. AdA 11/.1 IKE F: ' • N, Mayor ATTEST: oR.a_ 14410-ti RAQ L T EZ, City Secret * co APPROVED AS TO FORM: 17.1-- Ol ' '(Ce . HORNER, City Attorney H:\City Council\Ordinances\2025\08-25-2025\Ordinance-Budget Adoption.docx 2 "Exhibit A" CITY OF FRIENDSWOOD PROPOSED BUDGET SUMMARY FISCAL YEAR 2025-2026 PROPOSED BUDGET REVENUES Taxes 46,215,231 Charges for Services 25,382,718 Permits and Licenses 1,000,109 Fines 992,742 Intergovernmental Revenues 7,148,502 Interest 2,240,380 Vehicle Lease Reimbursements 1,263,375 Miscellaneous Receipts 898,432 TOTAL REVENUES 85,141,489 Fund Balance Used or(Carried Forward) General Fund 500,000 Police Investigation Fund (4,175) Community Development Block Grant Fund-Harris County - Community Development Block Grant Fund-Galveston County - 2021 Coronavirus State&Local Fiscal Recovery Grant Fund (25,000) 2022 Community Development Block Grant-Mitigation - Hazard Mitigation Grant Program-DR4485 - Fire/EMS Donation Fund 23,551 Friendswood Tax Increment Reinvestment Zone#1 (8,558) Friendswood Tax Increment Reinvestment Zone#2 (38,518) Municipal Court Fund 4,711 Tax Debt Service Fund (74,285) 2016/2017 GO Bond Funds - 2020 GO Bonds Fund - 2021 GO Bonds Fund (98,000) 2023 GO Bonds Fund 13,900,000 Sidewalk Installation Fund (207) Capital Maintenance Fund (511,044) Park Land Dedication Fund (55,660) Streets Improvement Fund 665,340 Fwd Downtown Economic Development Improvements Fund (989,470) 1776 Part Trust Fund (421) Water&Sewer Operations Fund 67,254 2016 Water&Sewer Bond Construction Fund - 2018 Water&Sewer Bond Construction Fund - 2021 Water&Sewer Bond Construction Fund - 2025 Water&Sewer Bond Construction Fund 18,898,816 Water Impact Fees 48,718 Sewer Impact Fees 154,103 Water and Sewer Revenue Debt Service (79,100) Vehicle Replacement Plan Fund (708,915) 31,669,140 Total Resources Available 116.810,629 EXPENDITURES General Government 10,339,017 Public Safety 22,698,352 Community Development 1,706,489 Public Works 13,699,740 Engineering 1,291,855 Parks&Recreation 6,329,584 Library 1,563,211 Vehicle Replacement Fund 617,570 Capital Improvements 45,527,595 Debt Service 13,037,216 TOTAL EXPENDITURES 116,810,629 REVENUES OVER(UNDER)EXPENDITURES - BEGINNING FUND BALANCE 90,288,216 ENDING FUND BALANCE 58,619,076