HomeMy WebLinkAbout1192 10-10-1995ORDINANCE NO. 1192
AN ORDINANCE CORRECTING ORDINANCE 1183
ADOPTING THE OFFICIAL OPERATING AND CAPITAL
BUDGET FOR THE CITY OF EULESS FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 1995, AND ENDING
SEPTEMBER 30,1996; AND AMENDING THE BUDGET FOR
FISCAL YEAR BEGINNING OCTOBER 1, 1994, AND ENDING
SEPTEMBER 30, 1995; PROVIDING FOR THE
INVESTMENTS OF FUNDS; PROVIDING FOR PUBLICATION
AND AN EFFECTIVE DATE.
WHEREAS, on August 22nd, 1995, the Euless City Council held a Public Hearing on its
proposed budget for the fiscal year beginning October 1, 1995, and ending September
30, 1996; and
WHEREAS, the proposed budget was on file in the office of the City Secretary of the
City of Euless since July 31, 1995, 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,
1995, and ending September 30, 1996, 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
1995 -96 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 Cent Sales Tax
FY1995 Revised FY 1996
(Expenditures) (Expenditures)
$455,000 $1,300,000
$270,000
FY 1995 Revised
FY 1996
N/A
(Expenditures)
(Expenditures)
General Fund
$12,611,793
$14,929,872
Water & Sewer Fund
$8,733,934
$11,267,091
General Obligation Debt Fund
$1,650,071
$1,660,666
Hotel/Motel
$108,256
$396,582
Fleet Maintenance Fund
$530,363
$558,403
Insurance Fund
$1,218,000
$1,195,743
Workers Comp Insurance
$272,764
$301,777
Risk Management
$315,508
$356,466
City Engineer
$84,567
$88,447
Equipment Replacement Fund
$245,700
$403,500
Programs & Special Events
$641,250
$687,546
Police Drug Fund
$257,208
$436,440
Drainage Utility
$621,904
$295,322
Cash & Debt
$47,248
$60,000
Water & Sewer Revenue Debt Fund
$522,921
$536,205
THAT the sums below are hereby appropriated from the capital fund for Fiscal Year
1995 -96 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 Cent Sales Tax
FY1995 Revised FY 1996
(Expenditures) (Expenditures)
$455,000 $1,300,000
$270,000
N/A
N/A
N/A
$350,000
N/A
N/A
N/A
$12,099,053
$ 500,000
THAT the sums below are hereby appropriated from ending fund balance for Fiscal
Year 1994 -1995 for payment of a Finance Department mainframe computer in Fiscal
Year 1995 -1996 or thereafter:
General Fund
Water & Sewer Fund
FY 1995 Revised
$ 75,000
$ 75,000
SECTION 3
FY 1996
NA
NA
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 10th day of October, 1995; by a vote of s ayes,
nays, and ° abstentions.
APPROVED:
Mary Lib aleh, Mayor
ATTEST:
Susan Crim, dMC, City Secretary
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W� mAd i NONE �
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