HomeMy WebLinkAboutOrdinance No. 2003-19 ORDINANCE NO. 2003-19
AN ORDINANCE APPROVING AND ADOPTING THE CITY OF
FRIENDSWOOD, TEXAS, GENERAL BUDGET FOR THE
FISCAL YEAR 2003/2004; MAHING 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, 2003, the City Manager presented to the City Council a proposed
Budget of the expenditures of the City of Friendswood for the fiscal year 2003/2004, a summary copy of
which is attached hereto and made a part hereof; and
WHEREAS, pursuant to notice as required by law, public hearing on such Budget was 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 2003/2004 fiscal year, including the
most up-to-date preliminary tax evaluation figures as have been made available to the City by the
Galveston County Appraisal District, the City Council finds and determines that as of the date of this
Ordinance, and in arder to meet the requirements as set out in Section 8.03 (E) of the City Charter, the
proposed Budget referred to here-in is based on the best information available to the City to assure that
budgeted expenditures do 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 recitations set forth in the preamble of this Ordinance are hereby found
to be true and correct.
Section 2. In accordance with the provisions of Article 689a — 15, V.T.C.S., 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 2003/2004
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 which will
be received in the treasury during the fiscal year 2003/2004 the amount set forth in said approved Budget
for the various purposes stated therein. The total amount now thus appropriated and the funds from which
the same are derived are as follows;
Beginning Fund Balance, l0/O1/2003 $ 141,155
Total Revenues $23,974,816
Total Resources Available for Appropriation $24,115,971
Total Expenditures and Other Financing Uses $23,724,452
Ending Fund Balance,9/30/2004 $ 391,519
SUMMARY OF 2003/2004 PROPOSED BUDGET IS ATTACHED HERETO AND MADE A PART
OF AS "EXHIBIT A".
PASSED, APPROVED, AND ADOPTED on first and final reading this 22nd day of September,
2003.
.
W �
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Mayor Kimball W. Brizendine
City of Friendswood
ATTEST:
.
De oris McKenzie, C
City Secretary
MOTION: COUNCILMEMBER DAVID SMITH
2ND: COUNCILMEMBER MEL MEASELES
APPROVED: UNANIMOUSLY