HomeMy WebLinkAbout1211 08-27-1996ORDINANCE NO. 1211
AN ORDINANCE ADOPTING THE OFFICIAL OPERATING
AND CAPITAL BUDGET FOR THE CITY OF EULESS FOR
THE FISCAL YEAR BEGINNING OCTOBER 1, 1996, AND
ENDING SEPTEMBER 30, 1997; AND AMENDING THE
BUDGET FOR FISCAL YEAR BEGINNING OCTOBER 1,
1995, AND ENDING SEPTEMBER 30, 1996; PROVIDING
FOR THE INVESTMENTS OF FUNDS; PROVIDING FOR
PUBLICATION AND AN EFFECTIVE DATE.
WHEREAS, on August 27th, 1996, the Euless City Council held a Public Hearing on its
proposed budget for the fiscal year beginning October 1, 1996, and ending September
30, 1997; and
WHEREAS, the proposed budget was on file in the office of the City Secretary of the
City of Euless since July 19, 1996, 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,
1996, and ending September 30, 1997, 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 ending fund balance for Fiscal
Year 1995 -96 for payment of a Finance Department mainframe computer in Fiscal Year
1996 -97 or thereafter:
FY 1996 Revised FY 1997
Water and Sewer Fund $100,000 N/A
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 27th day of August, 1996; by a vote of 7 ayes,
0 nays, and 0 abstentions.
APPROVED:
Mary Lib aleh, Mayor
ATTEST:
in Crim, MC, City Secretary
APPROVED AS TO FORM:
t
City Attorney
THAT the sums below are hereby appropriated from the capital fund for Fiscal Year
1996 -97 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
Drainage Capital Fund
Softball World
Texas Star Athletic Complex
Golf Course at Texas Star
FY1996 Revised
(Expenditures)
1,754,975
4,158,908
200,000
1,896,101
5,299,000
11,406, 823
FY 1997
(Expenditures)
975,000
200,000
200,000
0
0
0
FY 1996 Revised
FY 1997
(Expenditures)
(Expenditures)
General Fund
14,839,464
15,917,715
Water & Sewer Fund
11,492,219
11,143,501
General Obligation Debt Fund
1,660,666
2,202,366
Hotel /Motel
326,582
658,486
Fleet Maintenance Fund
550,721
617,903
Insurance Fund
1,336,972
1,409,319
Workers Comp Insurance
248,634
350,777
Risk Management
239,919
352,634
City Engineer
93,391
106,099
Equipment Replacement Fund
425,641
416,536
Programs & Special Events
718,905
726,918
Police Drug Fund
334,677
0
Drainage Utility
490,682
506,908
Cash & Debt
60,000
51,541
Water & Sewer Revenue Debt Fund
536,205
522,480
Golf Course at Texas Star
0
1,134,134
Athletic Complex at Texas Star
0
81,107
Softball World
446,883
967,824
Crime Control & Prevention District
57,455
765,630
Half Cent Sales Tax
810,288
1,915,016
THAT the sums below are hereby appropriated from the capital fund for Fiscal Year
1996 -97 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
Drainage Capital Fund
Softball World
Texas Star Athletic Complex
Golf Course at Texas Star
FY1996 Revised
(Expenditures)
1,754,975
4,158,908
200,000
1,896,101
5,299,000
11,406, 823
FY 1997
(Expenditures)
975,000
200,000
200,000
0
0
0