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HomeMy WebLinkAboutOrdinance No. 93-17 ORDINANCE N0. 93-17 AN ORDINANCE APPROVING AND ADOPTING THE CITY OF FRIENDSWOOD , TEXAS , GENERAL BUDGET FOR THE FISCAL YEAR 1993/94 ; 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. ' � t � � � � WHEREAS, on JULY 30 , 1993 , the City Mana�er presented to the City Council a proposed Budget of the expenditures of the City of Friendswood for the fiscal year 1993 - 19g4, a SUMMARY copy of which is attached hereto and made a part hereof; and WHEREAS , pursuant to notice as required by law, publie hearing on such Budget was held in the Council Chambers in the City Hall , at whieh 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 accordanee with Section 8 . 03(A) of the City Charter , the City Couneil has reviewed estimates of revenue to be derived by the City during the 1993/199� fiscal year, including 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 Couneil finds and determines that as of the date of this ordinanee , and in order to meet the requirements as set out in by Seetion 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 Artiele 689a-15 , V.T . C .S. , the City Council hereby approves and adopts the Bud�et described above , the same bein� on file with the City Secretary. The City Secretary is hereby direeted to place on said Budget and to sign an endorsement readin� as follows : "The Original General Bud�et of the City of Friendswood , Texas, for the fiscal year 1993/1994" and to keep such Budget on file in the City Seeretary' 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 whieh will be received in the treasury during the fiseal year 1993-1994 the amount set Forth in said approved Budget for the various purposes stated therein. The total amount now thus appropriated and the funds from which the same are derived are as follows : Beginning Fund Balance , 10/ 1 /93 $ 2,710 , 737 Total Revenues $13 � 346 ,25� Total Resourees Available for Appropriation $16 , 056 , 991 Total Expenditures and Other Financing Uses $15, 9�� , 895 Ending Fund Balance , 9/3�/9� $ 152, 096 SUMMARY OF 1993-199� PROPOSED BUDGET IS ATTACHED HERETO AND MAKE A PART OF AS "E,XHIBIT A" . PASSED , APPROVED , AND ADOPTED this 13th day of September, 1993 . � ,� . , '�_ Mayor elyn B. Newman ATTEST: . � , Deloris MeRe zie , MC City Secretary budget .gen dme "EXHIBIT A" CITY OF FRIENDSWOOD SUMMARY OF 1993-1994 PROPOSED BUDGET Revised Combined Budget --------------- REVENUES BY SOURCE: ------------------- Current Property Taxes 5,322,063 Uelinquent Taxes/Penalties 179,000 Sales Tax 1,028,000 Franchise Taxes 543,0�0 Other Taxes 5f200 Water and Sewer Revenues 3,651,�76 Garbage Collection 869,421 Permits & F'ees 694,506 Fines & Forfeits 166,30d Other �87�688 TQTAL REVENUES 13,346,254 EXPENDITURE5 BY CATEGORY: ------------------------- General Government 1,627,249 Public Safety 2,867,060 Public Works 3,867,$17 Community Development 55p,753 Community Services 1,452,989 Capital Improvements 3,3b0,867 Debt Service 2,�78,160 Reserves and Contingency 1�0,000 TOTAL EXPENDITURES 15,904,895 REVENUES MINUS EXPENDITt3RES (2,55$,641) BEGINNING FUND BALANCE, 10/1�93 2,710,737 ENDING FUND BALANCE, 9/30/94 152,096 C: �LOTUS\BUA94\PREP\PUBLISHB.WKI�reportb 03-Sep-93