HomeMy WebLinkAbout1441 09-12-2000ORDINANCE NO. 1441
AN ORDINANCE ADOPTING THE OFFICIAL
OPERATING AND CAPITAL BUDGET FOR THE CITY
OF EULESS FOR, THE FISCAL YEAR BEGINNING BEGINNING
OCTOBER 1, 2000 AND ENDING SEPTEMBER 30,
2001; AND AMENDING THEE BUDGET FOR FISCAL
YEAR OCTOBER 1, 1999, AND ENDING
SEPTEMBER 30, 2000 PROVIDIINrG FOR THE
1INVESTMENTS OF FUNDS; PROVIDING FOR
PUBLICATION AND AN EFFECTIVE DATE.
WHEREAS, on August 22nd, 2000, the Euless City Council held a Public Nearing
on its proposed budget for the fiscal year beginning October 1, 2000, and ending
September 30, 2001; and
WHEREAS, the proposed budget was on file in the office of the City Secretary of
the City of Euless since July 28, 2000, 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, RE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF EULESS, TEAS:
SECTION 'I
THAT the official budget for the City of Euless for the fiscal year beginning October
1, 2000, and ending September 30, 2001, 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 Capital Project Fund expenditures are to be increased (decreased) as
indicated below based on additional funding sources or use of prior year receipts.
Capital projects fund appropriations extend for the life of the project.
Water & Sewer Capital Fund
Streets Capital Fund
Water Impact Fee
General CIP
Half Cent Capital
PAGE 2 OF 3, ORDINANCE NO. 1441
FY 2001
(Expenditures)
$900,400
$100,000
$249,012
$78,000
$25,000
FY 2000
Revised
FY 2001
(Expenditures)
f [Expenditures)
General Fund
$18,506,501
$19,309,168
Water & Sewer Fund
$12,187,981
$13,075,522
General Obligation Debt Fund
$2,203,695
$3,168,777
Hotel /Motel
$379,898
$307,560
Fleet Maintenance Fund
$680,095
$717,209
Insr: - ,nce F�lnd
$1,568,043
$1,547,420
Risk Management/Worker's Comp
$690,960
$666,252
Equipment Replacement Fund
$620,400
$512,000
Recreation Classes Fund
$244,925
$248,553
Police Drug Fund
-0-
$450,000
Drainage Utility
$557,187
$562,493
Cash & Debt
$66,498
$70,480
Water & Sewer Revenue Debt Fund
$507,871
$764,637
Golf Course at Texas Star
$3,552,837
$3,637,161
Parks at Texas Star
$108,711
$101,266
Softball World
$967,737
$1,128,707
Crime Control & Prevention District
$1,597,587
$1,015,000
Half Cent Sales Tax
$2,300,842
$2,353,883
Arbor Daze
$602,000
$641,500
Economic Development Debt Service
$984,040
$972,807
Traffic Safety Grants
$112,969
$94,690
Car Rental Tax Fund
$3,000,000
$8,934,351
Star Center Debt Service
- - --
$1,212,767
THAT Capital Project Fund expenditures are to be increased (decreased) as
indicated below based on additional funding sources or use of prior year receipts.
Capital projects fund appropriations extend for the life of the project.
Water & Sewer Capital Fund
Streets Capital Fund
Water Impact Fee
General CIP
Half Cent Capital
PAGE 2 OF 3, ORDINANCE NO. 1441
FY 2001
(Expenditures)
$900,400
$100,000
$249,012
$78,000
$25,000
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.
SECTPON 4
'FFECTIVE 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 reading at a regular meeting of the Euless
City Council on the 22nd day of August, 2000, by a vote of 4 ayes, 3 nays, and 0
abstentions-
PRESENTED AND APPROVED on second and Final reading at a regular meeting
of the Euless City Council on the 12th day of September, 2000, by a vote of 4 ayes,
3 nays, and 0 abstentions.
APPROVED:
Mary Lib S eh, Mayor
ATTEST:
`! assn Crim MC, City ecretary
APPROVED AS TO FORPYI:
-/ Jr
PAGE 3 OF 3, ORDINANCE NO. 1441