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HomeMy WebLinkAboutOrdinance No. 2015-27 (Title: An ordinance adopting the City of Friendswood, Texas, General Budget for the Fiscal Year 2015/2016.) ORDINANCE NO. 2015-27 AN ORDINANCE APPROVING AND ADOPTING THE CITY OF FRIENDSWOOD, TEXAS, GENERAL BUDGET FOR THE FISCAL YEAR 2015/2016; 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. WHEREAS, on August 1, 2015, the City Manager presented to the City Council a proposed Budget of the expenditures of the City of Friendswood for the fiscal year 2015/2016, 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 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 2015/2016 fiscal year, and has determined that the proposed budgeted expenditures will 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 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 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 2015/2016," 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 2015/2016, 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; Beginning Fund Balance, 10/01/2015 $22,011,327 Total Revenues $45.884.860 Total Resources Available for Appropriation $67,896,187 Total Expenditures and Other Financing Uses $46.493.615 Ending Fund Balance, 9/30/2016 21.402.572 Ord 2015-27 2 PASSED, APPROVED, AND ADOPTED on first and final reading this 5th day of October,2015. Kevin M. pp I and Mayor l ATTEST: Melinda Welsh,TRMC City Secretary Ord 2015-27 3 Ord 2015-27 EXHIBIT A CITY OF FRIENDSWOOD PROPOSED BUDGET SUMMARY FISCAL YEAR 2015-2016 15-16 PROPOSED BUDGET REVENUES Taxes 23,561,767 Charges for Services 12,104,971 Permits and Licenses 717,056 Fines 877,358 Intergovernmental Revenues 992,662 Interest 155,555 Vehicle Lease Reimbursements 355,129 Miscellaneous Receipts 7,120,362 TOTAL REVENUES 45,884,860 Fund Balance Used or(Carried Forward) General Fund 152,500 Police Investigation Fund (250) Municipal Court Building Security[Technology Fund (7,643) Parkland Dedication Fund 122,501 Sidewalk Installation Fund (30) Tax Debt Service Fund (21,500) 2014 GO Bond Fund 324,938 1776 Part Trust Fund (115) Water&Sewer Operations Fund (1,048) Water Impact Fees 7,577 Sewer Impact Fees (19,536) Water and Sewer Revenue Debt Service 1,300 Vehicle Replacement Plan Fund 50,061 608,755 Total Resources Available 46,493,615 EXPENDITURES General Government 5,767,934 Public Safety 11,879,631 Community Development 1,016,378 Public Works 8,866,328 Community Services 4,126,422 Vehicle Replacement Fund 406,090 Capital Improvements 8,734,160 Debt Service 5,696,672 TOTAL EXPENDITURES 46,493,615 REVENUES OVER(UNDER) EXPENDITURES - BEGINNING FUND BALANCE 22,011,327 ENDING FUND BALANCE 21,402,572