HomeMy WebLinkAbout1117 09-14-1993ORDINANCE NO. 1117
AN ORDINANCE ADOPTING THE OFFICIAL OPERATING AND CAPITAL BUDGET
FOR THE CITY OF EULESS FOR THE FISCAL YEAR BEGINNING OCTOBER 1,
1993, AND ENDING SEPTEMBER 30, 1994; AND AMENDING THE BUDGET FOR
FISCAL YEAR BEGINNING OCTOBER 1, 1992, AND ENDING SEPTEMBER 30,
1993; PROVIDING FOR THE INVESTMENTS OF FUNDS; PROVIDING FOR
PUBLICATION AND AN EFFECTIVE DATE.
WHEREAS, on August 24th, 1993, the Euless City Council held a Public
Hearing on its proposed budget for the fiscal year beginning October 1,
1993, and ending September 30, 1994; and
WHEREAS, the proposed budget was on file in the office of the City
Secretary of the City of Euless since July 31, 1993, 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, 1993, and ending September 30, 1994, 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 operating
funds for the payment of expenditures on behalf of the city government as
established in the approved budget document:
General Fund
Water and Sewer Fund
General Obligation Debt Fund
Hotel /Motel
Fleet Maintenance Fund
Insurance Fund
Workers Comp Fund
Risk Management Fund
FY 1993 Revised
(Expenditures)
$11,088,481
8,418,679
1,678,026
114,748
479,526
1,033,700
338,449
305,107
FY 1994
(Expenditures)
$12,462,598
9,139,156
1,665,320
135,119
517,806
1,109,543
337,949
331,886
City Engineer
Equipment Replacement Fund
Programs & Special Events
Police Drug Fund
Drainage Utility
Cash & Debt
Water & Sewer Revenue Debt Fund
Half Penny Sales Tax
110,053
132,702
340,357
366,702
341,730
374,445
118,384
156,872
402,728
300,010
44,459
47,981
516,366
529,286
0
1,350,000
THAT the sums below are hereby appropriated from the capital fund for
Fiscal Year 1993 -94 for the payment of expenditures on behalf of the city
government as established in the approved budget document:
FY 1993 Revised FY 1994
(Expenditures) (Expenditures)
Water & Sewer Capital Fund $ 813,510 $1,106,340
Streets Capital Fund 871,000 1,159,000
Parks Capital Fund 172,472 0
Drainage Capital Fund 2,092,943 690,000
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 14th day of September, 1993; by a vote
of 5 ayes, 0 nays, and 0 abstentions.
APPROVED:
1 i.�k 1,4
Mary US Saleh, Mayor
ATTEST:
r
usan Crim, CMC, City Secretary
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