HomeMy WebLinkAbout1745 09-12-2006ORDINANCE NO. 1745
AN ORDINANCE ADOPTING THE OFFICIAL BUDGET
FOR THE CITY OF EULESS EMPLOYEE HEALTH
INSURANCE CONTRIBUTIONS AND EXPENDITURES,
AND ANNUAL CONTRIBUTIONS TO THE TEXAS
MUNICIPAL RETIREMENT SYSTEM FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 2006, AND ENDING
SEPTEMBER 30, 2007; AND AMENDING THE BUDGET
FOR FISCAL YEAR BEGINNING OCTOBER 1, 2005, AND
ENDING SEPTEMBER 30, 2006; PROVIDING FOR THE
INVESTMENTS OF FUNDS; PROVIDING FOR
PUBLICATION AND AN EFFECTIVE DATE.
WHEREAS, on August 29, 2006, the Euless City Council held a Public Hearing
on its proposed budget for the fiscal year beginning October 1, 2006, and ending
September 30, 2007; and
WHEREAS, the proposed budget was on file in the office of the City Secretary of
the City of Euless since August 1, 2006, available to the citizens and the public for their
inspection, as well as an opportunity to be heard on said date; and
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;
and
WHEREAS, on August 30, 2005, the Euless City Council adopted the official
budget for the City of Euless for fiscal year beginning October 1, 2005, and ending
September 30, 2006; and
WHEREAS, the City Council deems it to be in the best interest of the citizens to
amend the FY2005 -2006 budget due to emergency and unforeseen circumstances.
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 employee health contributions and
expenditures, and annual contributions to the Texas Municipal Retirement System for
the fiscal year beginning October 1, 2006, and ending September 30, 2007, 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 the FY2005 -2006 official operating budget for the City of Euless be
amended to provide a transfer of $1,200,000 from the car rental operating fund to the
health insurance fund to cover unforeseen medical expenses.
SECTION 3
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:
FY 2006
Revised
Expenditures
General Fund
Half Cent Sales Tax (EDC)
Crime Control & Prevention District (CCPD)
Car Rental Tax Fund
Water & Sewer Fund
Softball World
Golf Course at Texas Star
Risk Management/Worker's Comp
Health Insurance Fund
Public Safety Grants
Service Center Fund
Drainage Utility
Recreation Classes Fund
Parks at Texas Star Athletic Complex
SECTION 4
$1,200,000
FY 2007
Expenditures
$4,496,056
$168,346
$249,546
$0
$670,315
$47,473
$172,897
$8,405
$4,055,747
$15,222
$84,507
$26,851
$3,642
$3,638
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.
Ordinance No. 1745, Page 2 of 3
SECTION 5
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 12th day of September, 2006, by a vote of 7 ayes,
0 nays, and 0 abstentions.
APPROVED:
Ing
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ATTEST:
usan Crim TRNIC, City Secretary
APPROVED AS TO FORM:
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Ordinance No. 1745, Page 3 of 3