HomeMy WebLinkAboutOrdinance No. 87-24 ANNUAL BUDGET
ORDINAPdCE rro . 87-2�
AN ORDINANCE APPROVING AIdD ADOPTING THE CITY OF FRIENDSWOOD ,
TEXAS , GENERAL BUDGET FOR THE FISCAL YEAR 1987-1988 ; MAKING
APPROPRIATIONS FOR THE CITY FOR SUCH FISCAL YEAR AS
REFLECTED IN SAID BUDGET; AND MAKING CERTAIPd FINDINGS AND
CONTATNIIVG CERTAIN PROVISIONS RELATING TO THE SUBJECT .
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WHEREAS , on the 22nd day of July , 1987 , the City P�anager
presented to the City Couneil a proposed Bud�et of the
expenditures of the City of Friendswood for the fiscal year 1987
1988 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 Bud�et
and has made sueh ehanges 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 aecordance 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 1g87-1988 fiscal year , ineluding
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 ordinanee , and in order to meet the September 15
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CITY OF FRIENDSWOOD
ANNUAL BUDGET
e y ee ion . o e i ,
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 ineone ; 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 bein� on file with the City
Secretary . The City Secretary is hereby direeted to place on
sai.d Budget and to sign an endorsement reading as follows : "The
Original General Budget of the City of Friendswood , Texas , for
the fiscal year 1987-1g88" and to keep such Budget on file in her
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
casY� funds and out of the general and special revenues of the
City whieh will be received in the treasury during the fiscal
year 1987-1988 the amount set forth in said approved Budget for
the various purposes stated therein , not including, however ,
those budget amounts which are to be received by way of
transfers or grants from other agencies . The total amount now
thus appropriated and the funds from which the same are derived
are as follows :
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CITY OF FRIENDSWOOD
ANNUAL BUDGET
FUNDS
Unrestricted cash and general revenues ,
including current taxes , delinquent
taxes and miscellaneous revenue . . . . . . . . $15 , 238 , 053 • 00
PASSED , APPROVED , AND ADOPTED this 14th day of September ,
1g87 .
Mayor alph L . Lowe
ATTEST :
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Delo is MeK nz e , hiC
City Secretar
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CITY OF FRIENDSWOOD