HomeMy WebLinkAbout1546 08-27-2002ORDINANCE NO. 1546
AN ORDINANCE ADOPTING THE OFFICIAL
OPERATING AND CAPITAL BUDGET FOR THE
CITY OF EULESS FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2002, AND ENDING
SEPTEMBER 30, 2003; AND AMENDING THE
BUDGET FOR FISCAL YEAR BEGINNING
OCTOBER 1, 2001, AND ENDING SEPTEMBER 30,
2002 PROVIDING FOR THE INVESTMENTS OF
FUNDS; PROVIDING FOR PUBLICATION AND AN
EFFECTIVE DATE.
WHEREAS, on August 27" 2002, the Euless City Council held a Public Hearing
on its proposed budget for the fiscal year beginning October 1, 2002, and ending
September 30, 2003; and
WHEREAS, the proposed budget was on file in the office of the City Secretary of
the City of Euless since July 26, 2002, 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, 2002, and ending September 30, 2003, 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 govemment as established
in the approved budget document:
THAT Capital Project Fund expenditures are to be increased 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
Streets Capital Fund
Water Impact Fee
Half Cent Capital
Car Rental CIP
Athletic Complex
Drainage CIP
ORDINANCE NO. 1546, Page 2 of 3
FY 2003
(Expenditures)
Fund $1,110,000
$980,000
$279,671
$25,000
$1,473,550
$1,650,000
$1,070,000
FY 2002
Revised
FY 2003
(Expenditures)
(Expenditures)
General Fund
$22,574,219
$22,232,176
Water & Sewer Fund
$13,878,685
12,746,473
General Obligation Debt Fund
$4,169,994
$4,134,290
Hotel /Motel
$295,470
$226,645
Fleet Maintenance Fund
$778,615
$795,588
Insurance Fund
$1,604,115
$1,893,664
Risk Management/Worker's Comp
$669,071
$654,051
Equipment Replacement Fund
$763,000
$1,161,700
Recreation Classes Fund
$235,158
$259,835
Police Drug Fund
$5,000
$5,000
Drainage Utility
$618,682
$827,343
Cash & Debt
$88,427
-0-
Water & Sewer Revenue Debt Fund
$813,233
$491,248
Golf Course at Texas Star
$4,123,117
$4,091,121
Parks at Texas Star
$130,865
$224,700
Softball World
$1,159,476
$1,165,276
Crime Control & Prevention District
$1,392,837
$1,494,332
Half Cent Sales Tax
$2,561,847
$2,942,380
Arbor Daze
$667,200
$667,200
Economic Development Debt Service
$971,506
$940,856
Traffic Safety Grants
$114,615
$115,834
Car Rental Tax Fund
$9,852,538
$11,639,969
Star Center Debt Service
$976,700
$979,512
Victims Assistance Grant
$30,739
$30,739
THAT Capital Project Fund expenditures are to be increased 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
Streets Capital Fund
Water Impact Fee
Half Cent Capital
Car Rental CIP
Athletic Complex
Drainage CIP
ORDINANCE NO. 1546, Page 2 of 3
FY 2003
(Expenditures)
Fund $1,110,000
$980,000
$279,671
$25,000
$1,473,550
$1,650,000
$1,070,000
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 27th day of August, 2002, by a vote of 7
ayes, 0 nays, and 0 abstentions.
APPROVED:
Mary Lib.: aleh, Mayor
ATTEST:
&6 "160,17
Susan Crim, MC, City Secretary
APPROVED AS TO FORM:
Bob McFarland, City Attorney
ORDINANCE NO. 1546, Page 3 of 3