HomeMy WebLinkAboutOrdinance No. 87-25 ANNUAL BUDGET
ORDINANCE 87-25
AN ORDINANCE APPROVING AND ADOPTING THE CITY OF
FRIENDSWOOD , TEXAS , REVENUE SHARING BUDGET FOR THE
FISCAL YEAR 1987-1988 ; 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 the 22nd day of July, 1986 , the City
Manager presented to the City Council a proposed Revenue Sharing
Budget of the expenditures of the City of Friendswood for the
fiscal year 1987-1988 and ,
WHEREAS , pursuant to notice required by law, public hearings
were held on such budget in the Council Chambers in the City Hall
at which hearings all citizens and all 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 Couneil has considered the proposed Budget
and has made such changes therein , if any , as in the City
Council ' s judgment were warranted by law and were in the best
interest of the citizens and taxpayers of the City; and
WHEREAS , a copy of such Budget has been filed with the City
Secretary and the City Council desired 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 durin� the 1987- 1988 fiscal year , including
the most up-to-date preliminary tax evaluation fi�ures 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 September 15
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CITY OF FRIENDSWOOD
ANNUAL BUDGET
deadline mandated by Seetion 8 . 03 ( E) of the City Charter ,
the proposed budget referred to herein is based on the best
information abailable to the City to assure that bud$eted expend-
itures do not exceed total estimated ineome ; 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 aecordanee with law, the City Council hereby
approves and adopts the Revenue Sharing Budget deseribed above ,
the same being on file with the City Secretary. The City
Secretary is hereby directed to place on said Budget and to si�n
an endorsement reading as follows : "The Original Revenue Sharing
Budget of the City of Friendswood , Texas , for the fiscal year of
1987-1988 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 is hereby appropriated out of revenue
sharing funds which will be received in the treasury during the
fiscal year 1987- 1988 , and interest which will be earned on said
revenue sharing funds , the amounts set forth in said approved
Budget for the various purposes stated therein. The total amount
now thus appropriated from such revenue sharing funds , not
including interest to be earned thereon, is Two Thousand Seven
Hundred Dollars ( $2 , 700) .
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CITY OF FRIENDSWOOD
ANNUAL BUDGET
PASSED , APPROVED AND ADOPTED this 14th day of September
1987 .
Mayor Ralph L . Lowe
ATTEST :
.
Deloris MeKe ie , CMC
City Secretary
John Olson
City Attorney
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CITY OF FRIENDSWOOD