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HomeMy WebLinkAbout1495 08-28-2001ORDINANCE NO. 1495 AN ORDINANCE ADOPTING THE OFFICIAL OPERATING AND CAPITAL BUDGET FOR THE CITY OF EULESS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2001, AND ENDING SEPTEMBER 30, 2002; AND AMENDING THE BUDGET FOR FISCAL YEAR BEGINNING OCTOBER 1, 2000, AND ENDING SEPTEMBER 30, 2001 PROVIDING FOR THE INVESTMENTS OF FUNDS; PROVIDING FOR PUBLICATION AND AN EFFECTIVE DATE. WHEREAS, on August 28, 2001, the Euless City Council held a Public Hearing on its proposed budget for the fiscal year beginning October 1, 2001, and ending September 30, 2002; and WHEREAS, the proposed budget was on file in the office of the City Secretary of the City of Euless since July 27, 2001, 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, 2001, and ending September 30, 2002, 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 & Sewer Fund General Obligation Debt Fund Hotel /Motel Fleet Maintenance Fund Insurance Fund Risk Management/Worker's Comp Equipment Replacement Fund Recreation Classes Fund Police Drug Fund Drainage Utility Cash & Debt Water & Sewer Revenue Debt Fund Golf Course at Texas Star Parks at Texas Star Softball World Crime Control & Prevention District Half Cent Sales Tax Arbor Daze Economic Development Debt Service Traffic Safety Grants Car Rental Tax Fund Star Center Debt Service Police Drug / State Award Local Law Enforcement Block Grant FY 2001 Revised (Expenditures) $19,239,463 $13,337,617 $3,168,777 $307,560 $717,209 $1,547,420 $666,252 $512,000 $248,553 $450,000 $562,493 $70,480 $764,637 $3,591,711 $101,266 $1,128,707 $1,015,000 $2,345,783 $641,500 $972,807 $94,690 $9,608,784 $1,212,767 $6,338 $65,519 FY 2002 (Expenditures) $22,474,225 $13,878,685 $4,169,994 $295,470 $778,615 $1,604,115 $669,071 $763,000 $235,158 $5,000 $618,682 $88,427 $813,233 $4,189,117 $130,865 $1,159,476 $1,392,837 $2,561,847 $667,200 $971,506 $114,615 $9,786,441 $976,700 $ -0- $ -0- 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 Police Facility Construction Fund Wastewater Impact Fee Drainage CIP ORDINANCE NO. 1495, Page 2 of 3 FY 2001 (Expenditures) $900,400 $100,000 $249,012 $716,803 $25,000 $11,150,811 $500,000 $ -0- FY 2002 (Expenditures) $1,651,571 $425,000 $291,759 $705,217 $25,000 $ -0- $ -0- $50, 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 28th day of August, 2001, by a vote of 7 ayes, 0 nays, and 0 abstentions. APPROVED: J • r. _ ATTEST: an Crim, C C, City Secretary APPROVED AS TO FORM: ity Attorney ORDINANCE NO. 1495, Page 3 of 3