HomeMy WebLinkAbout1090 09-08-1992ORDINANCE NO. 1090
AN ORDINANCE ADOPTING THE OFFICIAL BUDGET FOR
THE CITY OF EULESS FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 1992, AND ENDING SEPTEM-
BER 30, 1993; AND AMENDING THE BUDGET FOR
FISCAL YEAR BEGINNING OCTOBER 1, 1991, AND
ENDING SEPTEMBER 30, 1992; PROVIDING FOR THE
INVESTMENTS OF FUNDS; PROVIDING FOR
PUBLICATION AND AN EFFECTIVE DATE.
WHEREAS, on September 8, 1992, -the Euless City Council held a Public
Hearing on its proposed budget for the fiscal year beginning October
1, 1992, and ending September 30, 1993; and
WHEREAS, the proposed budget was on file in the office of the City
Secretary of the City of Euless since July 31, 1992, available to the
citizens and the public for their inspection, as well as an
opportunity to be heard on said date;
WHEREAS, due notice of such hearing on the budget was duly published;
and at the conclusion of such hearing, it was determined that such
budget should be adopted;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
EULESS, TEXAS:
SECTION 1
THAT the official budget for the City of Euless for the fiscal year
beginning October 1, 1992, and ending September 30, 1993, be, and the
same is hereby adopted by the Euless City Council, and the Euless
City Secretary is directed to keep and maintain a copy of such
official budget on file in the office of the City Secretary available
for inspection by citizens and the general public.
SECTION 2
THAT all funds appropriated and allocated shall be expended and used
pursuant to the provisions of such official budget and the Euless
City Manager shall be directed to appropriate and expend city funds
according to City Charter provisions.
THAT the sums below are hereby appropriated from the respective funds
for the payment of expenditures on behalf of the city government as
established in the approved budget document:
FY 1992 Revised FY 1993
(Expenditures) (Expenditures)
General Fund $10,732,240 $11,016,147
Water and Sewer Fund 8,085,095 8,875,085
General Obligation Debt Fund 1,628,288 1,675,801
Hotel /Motel 116,570 118,128
Fleet Maintenance Fund
482,947
483,965
Insurance Fund
1,092,807
1,164,325
Workers Comp /Risk Management Fund
706,005
743,830
Equipment Replacement Fund
219,924
318,357
Programs & Special Events
221,829
253,122
Police Drug Fund
117,620
116,598
Drainage Utility
211,122
302,728
Cash & Debt
42,675
43,870
Water & Sewer Revenue Debt Fund
554,000
516,366
SECTION 3
THAT the City Manager is authorized from time to time as he may deem
to be in the best interest of the City of Euless, to invest city
funds not immediately required for current use, including operating
funds and bond funds, as per Council adopted Investment Policy.
SECTION 4
Effective Date. this ordinance shall become effective immediately
from and after its passage as provided by the Euless City Charter and
the laws of the State of Texas.
PRESENTED AND APPROVED on First and Final Reading at a regular
meeting of the Euless City Council on the 8th day of September, 1992;
by a vote of 6 ayes, 0 nays, and 0 abstentions.
APPROVED:
Mary Lib Saleh, Mayor Pro Tem
ATTEST:
Susan Cri— mC, City Secretary
AP ROVE AS TT F�
City Attorney
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