HomeMy WebLinkAbout1145 08-23-1994ORDINANCE NO. 1145
AN ORDINANCE ADOPTING THE OFFICIAL OPERATING
AND CAPITAL BUDGET FOR THE CITY OF EULESS FOR
THE FISCAL YEAR BEGINNING OCTOBER 1, 1994, AND
ENDING SEPTEMBER 30, 1995; AND AMENDING THE
BUDGET FOR FISCAL YEAR BEGINNING OCTOBER 1, 1993,
AND ENDING SEPTEMBER 30, 1994; PROVIDING FOR THE
INVESTMENTS OF FUNDS; PROVIDING FOR PUBLICATION
AND AN EFFECTIVE DATE.
WHEREAS, on August 23rd, 1994, the Euless City Council held a Public Hearing on its
proposed budget for the fiscal year beginning October 1, 1994, and ending September
30, 1995; and
WHEREAS, the proposed budget was on file in the office of the City Secretary of the
City of Euless since July 31, 1994, 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,
1994, and ending September 30, 1995, 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:
THAT the sums below are hereby appropriated from the capital fund for Fiscal Year
1994 -95 for the payment of expenditures on behalf of the city government as
established in the approved budget document:
Water & Sewer Capital Fund
Streets Capital Fund
Parks Capital Fund
Drainage Capital Fund
Fire
Half Penny Sales Tax
FY 1994 Revised FY 1995
(Expenditures) (Expenditures)
$ 1,177,334
506,355
137,710
966,179
13,320
1,350,000
SECTION 3
$455,000
270,000
N/A
350,000
N/A
9,550,877
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.
FY 1994 Revised
FY 1995
(Expenditures)
(Expenditures)
General Fund
$12,302,213
$12,797,223
Water and Sewer Fund
9,605,324
9,380,047
General Obligation Debt Fund
1,665,320
1,652,071
Hotel /Motel
127,519
160,227
Fleet Maintenance Fund
536,601
539,247
Insurance Fund
1,109,543
1,114,360
Workers Comp Insurance
362,949
312,949
Risk Management
331,886
343,181
City Engineer
132,702
85,310
Equipment Replacement Fund
366,702
245,700
Programs & Special Events
467,895
521,816
Police Drug Fund
156,872
202,913
Drainage Utility
300,010
654,719
Cash & Debt
47,981
49,517
Water & Sewer Revenue Debt Fund
529,286
522,921
THAT the sums below are hereby appropriated from the capital fund for Fiscal Year
1994 -95 for the payment of expenditures on behalf of the city government as
established in the approved budget document:
Water & Sewer Capital Fund
Streets Capital Fund
Parks Capital Fund
Drainage Capital Fund
Fire
Half Penny Sales Tax
FY 1994 Revised FY 1995
(Expenditures) (Expenditures)
$ 1,177,334
506,355
137,710
966,179
13,320
1,350,000
SECTION 3
$455,000
270,000
N/A
350,000
N/A
9,550,877
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 23rd day of August, 1994; by a vote of 7 ayes, o
nays, and o abstentions.
APPROVED:
ATTEST:
i�I//J�1�/ (/`� ✓tee
Susan Crim, CM C, City Secretary
AS TO FORM:
City
,U) U-u� i- L�l J'I -Itk
Mary Lib Saleh, Mayor