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HomeMy WebLinkAboutOrdinance No. 94-13 ORDINANCE N0. 9�-13 AN ORDINANCE APPROVING AND ADOPTING THE CITY OF FRIENDSWOOD , TEXAS , GENERAL BUDGET FOR THE FISCAL YEAR 199�/95 ; 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 , 199� , the City Manager presented to the City Council a proposed Budget of the expenditures of the City of Friendswood for the fiscal year 199� - 1995, 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 ri�ht 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 sueh chan�es 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 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 199�/ 1995 fiseal 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 ordinance , and in order to meet the requirements as set out in by Section 8 . 03(E) of the City Charter , the proposed bud�et referred to here-in is based on the best information available to the City to assure that bud�eted expenditures 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 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 endorsement readin� as follows : "The Original General Budget of the City of Friendswood , Texas , for the fiscal year 1994/ 1995" and to keep such Budget on file in the City Secretary' s Office as a public record . Seetion 3. In support of said Bud�et 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 which will be received in the treasury during the fiscal year 199�-1995 the amount set forth in said approved Bud�et for the various purposes stated therein. The total amount now thus appropriated and the funds from whieh the same are derived �. � are as follows : Beginning Fund Balance , 10/1 /9� $ 781 , 671 Total Revenues $14, 160 ,726 Total Resources Available for Appropriation $14, 9�2, 397 Total Expenditures and Other Financing Uses $14, 564, 324 Ending Fund Balance , 9/3�/95 $ 378 , �73 SUMMARY OF 199�-1995 PROPOSED BUDGET IS ATTACHED HERETO AND MAKE A PART OF AS "EXHIBIT A" . PASSED , APPROVED, AND ADOPTED this 19th day of September , 199�+ . � � � � � � � Mayor Ev lyn B. ewman ATTEST: � , Deloris MeKenzie , CMC City Secretary budget .gen dmc • • - EXHIBIT A" , . ANNUAL BUDGET 1994-1995 PROPOSED BUDGET BUDGET SUMMARY 94-95 PROPOSED BUDGET RFVFNl1FS Taxes 7,466,209 Charges for Services 5,077,580 Permits and Fees 771,985 Fines and Forefeitures 217,150 intergovernmental Revenues 230,267 Other Grants 20,000 Interest 192,605 Donations 112,000 Alternate Funding Proceeds 0 Other 72,930 ----------------- TOTAL REVENUES 14,160,726 EXPENDITURES General Government $1,761,541 Public Safety 3,017,477 Public Works 4,018,149 Community Development 548,250 Community Services 1,645,265 Capital Improvements 1,428,404 Debt Service 2,045,238 ----------------- TOTAL EXPENDITURES 14,464,324 RFSFRVFS 1 OO,OOO ----------------- TOTAL EXPENDITURES AND RESERVES 14,564,324 REVENUES OVER(UNDER) ----------------- EXPENDITURES AND RESERVES (403,598) BEGINNING FUND BALANCE, 10/1 781,671 ----------------- ENDING FUND BALANCE, 9/30 378,073 RESTRICTED FUNDS 378,073 ----------------- UNDESIGNATED FUND BALANCE 0 CITY OF FRIENDSWOOD