Loading...
HomeMy WebLinkAboutOrdinance No. 2016-41 i E I t } P (Title: An ordinance adopting the City of Friendswood, Texas, General Budget for the Fiscal Year 2016/2017.) f ORDINANCE NO. 2016-41 AN ORDINANCE APPROVING AND ADOPTING THE CITY OF FRIENDSWOOD, TEXAS, GENERAL BUDGET FOR THE FISCAL YEAR 2016/2017; 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 July 29, 2016, the City Manager presented to the City Council a proposed Budget of the expenditures of the City of Friendswood for the fiscal year 2016/2017, a summary copy of which is attached hereto as Exhibit"A" and is made a part hereof; and I WHEREAS, pursuant to notice as required by law, a public hearing on such Budget was held in the Council Chambers in the City Hall, at which hearing 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 I 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 i E 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 2016/2017 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 2016/2017," 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 2016/2017, 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, 10/01/2016 $2893179798 Total Revenues 547,158,599 Total Resources Available for Appropriation $7594769397 Total Expenditures and Other Financing Uses 552,128,109 Ending Fund Balance, 9/30/2017 S23,348,288 Ord 2016-41 2 t I PASSED, APPROVED, AND ADOPTED on first and final reading this 3rd day of i October,2016. i E e r Kevin Mx Holland Mayor ATTEST: rrrrrrrrr ®®® MI N �(�i� .` rr 0 r Melinda Welsh, TRMC O City Secretary " Ord 2016-41 3 Ord 2016-41 EXHIBIT A t CITY OF FRIENDSWOOD PROPOSED BUDGET SUMMARY FISCAL YEAR 2016-2017 16-17 PROPOSED BUDGET P REVENUES E Taxes 26,239,758 Charges for Services 11,841,053 Permits and Licenses 780,324 Fines 778,698 Intergovernmental Revenues 239,401 Interest 126,085 Vehicle Lease Reimbursements 375,718 Miscellaneous Receipts 6,777,562 TOTAL REVENUES 47,158,599 Fund Balance Used or(Carried Forward) General Fund (1,904) Police Investigation Fund (320) Municipal Court Building Security/Technology Fund (4,930) Sidewalk Installation Fund (72) Tax Debt Service Fund (644) 2014/2016 GO Bond Funds 830,978 1776 Part Trust Fund (200) Water&Sewer Operations Fund 654,885 2016 Water&Sewer Bond Construction Fund 3,616,765 Water Impact Fees 34,247 Sewer Impact Fees (47,104) Water and Sewer Revenue Debt Service (4,200) Vehicle Replacement Plan Fund (107,991) 4,969,510 Total Resources Available 52,128,109 EXPENDITURES General Government 5,978,294 Public Safety 12,712,408 Community Development 953,567 Public Works 8,991,261 Community Services 4,386,317 Vehicle Replacement Fund 269,227 Capital Improvements 12,382,985 Debt Service 6,454,050 TOTAL EXPENDITURES 52,128,109 REVENUES OVER(UNDER) EXPENDITURES - BEGINNING FUND BALANCE 28,317,798 ENDING FUND BALANCE 23,348,288