HomeMy WebLinkAboutOrdinance No. 95-27 . ' ,/�..•a., r+/1, . .
ORDINANCE NO. 95-27
AN ORDINANCE APPROVING AND ADOPTING THE CITY OF
FRIENDSWOOD, TEXAS, GENERAL BUDGET FOR THE FISCAL
YEAR 1995/96; MAKING APPROPRIATIONS FOR THE CITY FOR
SUCH FISCAL YEAR AS REFLECTED IN SAID BUDGET; AND
MAI�ING CERTAIN FINDINGS AND CONTAINING CERTAIN
PROVISIONS RELATING TO THE SUBJECT.
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WHEREAS, on August 1, 1995, the City Manager presented to the City Council a�„
proposed Budget of the expenditures of the City of Friendswood for the fiscal year 1995/1996, 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 1995/1996 fiscal year,
including the most up-to-date preliminary t�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 by 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
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endorsement reading as follows: "The Original General Budget of the City of Friendswood,
Texas, for the fiscal year 1995/1996" 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 revenue of the
City which will be received in the treasury during the fiscal year 1995/1996 the amount set forth
in said approved Budget for the various purposes stated threin. The total amount now thus
appropriated and the funds from which the same are derived are as follows:
Beginning Fund Balance, 10/1/95 $1,537,914
Total Revenues 15;144,831
Tota1 Resources Available for Appropriation $16,682,745
Tota1 Exenditures and Other Financing Uses 16,496,363
Ending Fund Balance, 9/30/96 $ 186,382
SiT1VIlVIARY OF 1995-1996 PROPOSED BUDGET IS ATTACHED HERETO AND MADE A
PART OF AS "EXHIBIT A".
PASSED, APPROVED, AND ADOPTED this lSth day of September, 1995.
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Mayor E lyn B. Newman
Attest:
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Deloris McKenzie, T C
City Secretary
CITY OF FRIENDSWOOD
1995-1996 PROPOSED BUDGET
BUDGET SUMMARY
1995-96
PROPOSED
BUDGET
REVENUES
Taxes $7,857,442
Charges for Services 5,623,552
Permits and Fees 592,083
Fines and Forefeitures 231,200
Intergovernmental Revenues 334,694
I nterest 225,990
Donations 235,200
Other 44,670
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TOTAL REVENUES $15,144,831
EXPENDITURES
General Government $1,875,867
Community Development 541,559
Public Safety 3,381,189
Public Works 4,213,980
Community Services 1,622,293
Capital Improvements 1,828,459
Debt Service 2,933,016
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TOTAL EXPENDITURES $16,396,363
RESERVES 100,000
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TOTAL EXPENDITURES
AND RESERVES $16,496,363
REVENUES OVER (UNDER) -------------------•
EXPENDITURES AND RESERVES ($1,351,532)
BEGINNING FUND BALANCE, 10/01 1,537,914
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ENDING FUND BALANCE, 9/30 $186,382