HomeMy WebLinkAboutOrdinance No. 99-24 ORDINANCE NO. 99-24
AN ORDINANCE APPROVING AND ADOPTING THE CITY OF
FRIENDSWOOD, TEXAS, GENERAL BUDGET FOR THE FISCAL
YEAR 1999/2000; MAKING APPROPRIATIONS FOR THE CITY
FOR SUCH FISCAL YEAR AS REFLECTED IN SAID BUDGET,
APTD MAKING CERTAIN FINDINGS AND CONTAINING CERTAIN
PROVISIONS RELATING TO THE SUBJECT.
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WHEREAS, on July 31, 1999, the City Manager presented to the City
Council a proposed Budget of the expenditures of the City of Friendswood for
the fiscal year 1999/2000, 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 judgement 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 1999/2000 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 order 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 l. The facts and recitations set forth in the preamble of
this Ordinance are hereby found to be true and correct.
099.24/LST03
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 1999/2000 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 1999/2000 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, 10/O1/99 $ 184,663
Total Revenues $17,056,512
Total Resources Available for Appropriation $17,241,175
Total Expenditures and Other Financing Uses $16,385,993
Ending Fund Balance, 9/30/2000 $ 855,182
SUMMARY OF 1999/2000 PROPOSED BUDGET IS ATTACHED HERETO AND MADE A PART OF
AS "EXHIBIT A" .
PASSED, APPROVED, AND ADOPTED on first and final reading this 13th day of
September, 1999.
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Mayor Harold L. Whitaker
City of Friendswood
ATTEST:
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, �
Deloris McKenzie T C,
City Secretary
099.24/LST03