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HomeMy WebLinkAboutOrdinance No. 2018-28 (Title: An ordinance adopting the City of Friendswood, Texas, General Budget for the Fiscal Year 2018/2019.) ORDINANCE NO. 2018-28 AN ORDINANCE APPROVING AND ADOPTING THE CITY OF FRIENDSWOOD, TEXAS, GENERAL BUDGET FOR THE FISCAL YEAR 2018/2019; 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. X X * ?C * ?C * * ?C * ?C WHEREAS,on July 31, 2018,the City Manager presented to the City Council a proposed Budget of the expenditures of the City of Friendswood for the fiscal year 2018/2019, a summary copy of which is attached hereto as Exhibit"A" and is made a part hereof; and WHEREAS,pursuant to notice as required by law, a public hearing on such Budget was held in the Council Chambers in the City Hall, at which hearing 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 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 2018/2019 fiscal year, and has determined that the proposed budgeted expenditures will 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 matters set forth in the preamble of this Ordinance are hereby found to be true and correct. Section 2. In accordance with Section 8.03 (e) of the City Charter, 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 reading as follows: "The Original General Budget of the City of Friendswood, Texas, for the fiscal year 2018/2019," 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 revenues of the City that will be received in the treasury during the fiscal year 2018/2019, the amounts set forth in said approved Budget for the various purposes stated therein. The total amounts now thus appropriated and the funds from which the same are derived are as follows; Beginning Fund Balance, 10/01/2018 $33,828,334 Total Revenues $45,862,144 Total Resources Available for Appropriation $79,690,478 Total Expenditures and Other Financing Uses S58,265,943 Ending Fund Balance, 9/30/2019 $21,424,535 Ord.No.2018-28 2 PASSED, APPROVED, AND ADOPTED BY A RECORD VOTE OF THE CITY COUNCIL OF THE CITY OF FRIENDSWOOD, TEXAS, ON THE FIRST AND FINAL READING THIS 1st DAY OF OCTOBER,2018. Mike Fore, an Mayor Melinda Welsh, TRMC City Secretary RECORD VOTE: COUNCIL MEMBER: VOTED FOR VOTED AGAINST MIKE FOREMAN, MAYOR STEVE ROCKEY X SALLY BRANSON X TRISH HANKS ROBERT J. GRIFFON X JOHN H. SCOTT X CARL W. GUSTAFSON Ord.No.2018-28 3 Ord 2018-28 EXHIBIT A CITY OF FRIENDSWOOD PROPOSED BUDGET SUMMARY FISCAL YEAR 2018-2019 18-19 PROPOSED BUDGET REVENUES Taxes 28,197,440 Charges for Services 13,636,879 Permits and Licenses 849,000 Fines 751,960 Intergovernmental Revenues 548,017 Interest 401,953 Vehicle Lease Reimbursements 550,817 Miscellaneous Receipts 926,078 TOTAL REVENUES 45,862,144 Fund Balance(Used)or Carried Forward General Fund (488,776) Police Investigation Fund 1,307 Municipal Court Building Security/Technology Fund (7,826) Sidewalk Installation Fund 245 Park Land Dedication Fund (124,587) Streets Improvement Fund (2,546,868) Fwd Downtown Economic Development Improvements Fund (415,843) Tax Debt Service Fund 26,029 2014/2016 GO Bond Funds (6,280,711) 1776 Part Trust Fund 292 Water&Sewer Operations Fund 47,948 2016 Water&Sewer Bond Construction Fund (2,901,398) Water Impact Fees 19,320 Sewer Impact Fees 19,133 Water and Sewer Revenue Debt Service 7,307 Vehicle Replacement Plan Fund 240,629 (12,403,799) Total Resources Available 33,458,345 EXPENDITURES General Government 6,552,811 Public Safety 13,792,742 Community Development and Public Works 11,018,201 Parks&Recreation 4,600,483 Vehicle Replacement Fund 316,766 Capital Improvements 15,300,664 Debt Service 6,684,276 TOTAL EXPENDITURES 58,265,943 REVENUES OVER(UNDER)EXPENDITURES (24,807,598) BEGINNING FUND BALANCE 33,828,334 ENDING FUND BALANCE 21,424,535