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HomeMy WebLinkAboutOrdinance No. 2014-29 (Title: An ordinance adopting the City of Friendswood, Texas, General Budget for the Fiscal Year 2014/2015.) ORDINANCE NO. 2014-29 AN ORDINANCE APPROVING AND ADOPTING THE CITY OF FRIENDSWOOD, TEXAS, GENERAI. BUDGET FOR THE FISCAL YEAR 2014/2015; 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. X �( iF X % V Y �N r'F % X WHEREAS, on August 1, 2014, the City Manager presented to the City Council a proposed Budget of the expenditures of the City of Friendswood for the fiscal year 2014/2015, 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 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 wairanted by law and were in the best interests of the citizens and taspayers 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 2014/2015 fiscal year, and has determined that the proposed budgeted expenditures wiil not exceed total estimated income; now,therefore, NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, STATE OF TEXAS: Section L The facts and matters set forth in the preamble of this Ordinance are hereby found to be h•ue and coirect. 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 Secretaiy. 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 2014/2015," 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 2014/2015, the amounts set forth in said approved Budget for the various puiposes stated therein. The total amounts now thus appropriated and the funds fi•oin which the same are derived are as follows; Beginning Fund Balance, l0/Ol/2014 $19,550,643 Total Revenues $47,769,814 Total Resources Available for Appropriation $67,749,802 Total Expenditures and Other Financing Uses $42,666,206 Ending Fund Balance, 9/30/2015 24.654.251 Ord 2014-29 2 PASSED, APPROVED, AND ADOPTED on �rst and �nal reading this 6th day of October, 2014. � � I�evin M. olland Mayor ATTEST: _ ' 't` "`.i"`-� � V\S"C/�. s��•- u�u� •��� ♦ S�,�F7ilg:!1!� a Melinda Welsh, TRMC e-�'' �`'��'t��, City Secretary �Ui i�� o� ; :O ° :ON�•. .•�e � s�A� .. .•° G, a �`°�oF 7E�`P'^o Ord 2014-29 3 Ord 2014-29 � EXHIBIT A CITY OF FRIENDSWOOD PROPOSED BUDGET SUMMARY FISCAL YEAR 2014-2015 14-15 PROPOSED BUDGET REVENUES Taxes 21,609,823 Charges for Services 10,716,387 Permits and Licenses 768,301 � Fines 794,094 Intergovernmental Revenues 3,091,334 Interest 105,403 Vehicle Lease Reimbursements 359,125 Miscellaneous Receipts 10,325,347 - TOTAL REVENUES 47,769,814 Fund Balance Used or(Carried Forward) General Fund (17,793) Police Investigation Fund (113) Municipal Court Building Security/Technology Fund 3,987 Parkland Dedication Fund 106,089 Tax Debt Service Fund (15,280) 2014 GO Bond Fund (6,176,507) 1776 Part Trust Fund (7p) Water&Sewer Operations Fund 949,873 Water Impact Fees 36,727 Sewer Impact Fees (33,747) . Water and Sewer Revenue Debt Service (1,000) Vehicle Replacement Plan Fund 44,226 (5,103,608) Total Resources Available 42.666.206 EXPENDITURES General Government � 5,541,791 Public Safety 11,175,488 Community Development 911,800 Public Works 8,379,316 Community Services 4,020,123 Vehicle Replacement Fund 404,151 Capital Improvements 7,065,039 Debt Service 5,168,498 TOTAL EXPENDITURES 42,666,206 � REVENUES OVER(UNDER)EXPENDITURES - BEGINNING FUND BALANCE 19,550,643 ENDING FUND BALANCE 24,654,251