HomeMy WebLinkAboutOrdinance No. 2005-27 (Title: An ordinance adopting the City of Friendswood, Tezas, General Budget for the
Fiscal Year 2005/2006.)
ORDINANCE NO. 2005-27
AN ORDINANCE APPROVING AND ADOPTING THE
CITY OF FRIENDSWOOD, TEXAS, GENERAL BUDGET
FOR THE FISCAL YEAR 2005/2006; 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.
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WHEREAS, on August l, 2005, the City Manager presented to the City Council a
proposed Budget of the expenditures of the City of Friendswood for the fiscal year 2005/2006, 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 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 2005/2006 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 Council finds and determines that
as of the date of this Ordinance, and in order to meet the requirements as set out in Section 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 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 2005/2006 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 which will be received in the treasury during the fiscal year 2005/2006 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, l0/Ol/2005 $ 12,640,503
Total Revenues $26,367,179
Total Resources Available for Appropriation $39,007,682
Total Ezpenditures and Other Financing Uses $25,981,869
Ending Fund Balance,9/30/2006 13.025.813
SUMMARY OF 2005/2006 PROPOSED BUDGET IS ATTACHED HERETO AND MADE A
PART OF AS "EXHIBIT A".
PASSED, APPROVED, AND ADOPTED on first and final reading this 3`d day of October,
2005
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Kimball W. Brizendine
Mayor
ATTEST:
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Deloris McKenzie, RMC '
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City Secretary
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EXHIBIT A
BUDGET SUMMARY
2005-2006
BUDGET
REVENUES
Taxes 15,054,670
Charges for Services 8,595,408
Permits and Licenses 491,300
Fines 869,105
Intergovernmental Revenues 381,086
I nterest 209,900
Vehicle Lease Reimbursements 289,370
Misceilaneous Receipts 476,340
TOTAL REVENUES 26,367,179
EXPENDITURES
General Government 3,896,540
Public Safety 6,889,351
Community Development
and Public Works 6,881,250
Community Services 2,924,307
Vehicle Replacement Fund 270,560
Capital Improvements 1,190,000
Debt Service 3,929,861
TOTAL EXPENDITURES 25,981,869
REVENUES OVER(UNDER) EXPENDITURES 385,310
BEGINNING FUND BALANCE 12,640,503
ENDING FUND BALANCE 13,025,813
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