HomeMy WebLinkAbout1822 08-26-2008ORDINANCE NO. 1822
AN ORDINANCE ADOPTING THE OFFICIAL OPERATING
AND CAPITAL BUDGET FOR THE CITY OF EULESS FOR
THE FISCAL YEAR BEGINNING OCTOBER 1, 2008, AND
ENDING SEPTEMBER 30, 2009; PROVIDING FOR THE
INVESTMENTS OF FUNDS; AND PROVIDING FOR
PUBLICATION AND AN EFFECTIVE DATE.
WHEREAS, on August 26, 2008, the Euless City Council held a public hearing
on its proposed budget for the fiscal year beginning October 1, 2008, and ending
September 30, 2009; and,
WHEREAS, the proposed budget was on file in the office of the City Secretary of
the City of Euless since August 1, 2008, 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.
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, 2008, and ending September 30, 2009, 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.
SECTION 3
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:
SECTION 4
THAT the sums below are hereby appropriated from the respective capital funds for the
payment of expenditures on behalf of the city government as established in the
approved Capital Improvement Program:
Ordinance No. 1822, Page 2 of 3
FY 2009
Expenditures
General Fund
$32,776,463
Hotel /Motel
$299,925
Juvenile Case Fund
$53,673
Half Cent Sales Tax (EDC)
$4,024,507
Half Cent Debt Reserve (EDC)
$28,500
Crime Control & Prevention District (CCPD)
$1,872,273
Police Drug (DEA) Fund
$5,000
Public Safety Grants
$92,351
Car Rental Tax Fund
$11,847,962
General Obligation Debt Fund
$3,398,467
Star Center Debt Service
$977,013
Half Cent Debt Service (EDC)
$931,987
Water & Sewer Fund
$17,030,647
Service Center Fund
$1,343,956
Water & Sewer Revenue Debt Fund
$429,735
Drainage Utility
$868,755
Recreation Classes Fund
$381,174
Arbor Daze
$60,250
Texas Star Sports Complex
$1,464,175
Texas Star Sports Complex Debt Service
$159,413
Golf Course at Texas Star
$3,868,805
Golf Course Debt Service
$683,113
Equipment Replacement Fund
$560,850
Health insurance Fund
$4,347,762
Risk Management/Worker's Comp
$772,071
SECTION 4
THAT the sums below are hereby appropriated from the respective capital funds for the
payment of expenditures on behalf of the city government as established in the
approved Capital Improvement Program:
Ordinance No. 1822, Page 2 of 3
Streets Capital Fund
Half Cent Capital
General Capital Projects Fund
Texas Star Sports Complex CIP
Water & Sewer Capital Fund
Water Impact Fee
Wastewater Impact Fees
Drainage Capital Fund
SECTION 5
Appropriations
$614,215
$1,185,000
$11,500,000
$100,000
$1,126,875
$357,000
$60,000
$730,000
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 6
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 26th day of August 2008, by a vote of 6 ayes,
o nays, and 0 abstentions.
APPROVED: APPROVED AS TO FORM:
Mary Lib aleh, Mayor
ATTEST:
Susan Crim (7 MC, City Secretary
Ordinance No. 1822, Page 3 of 3
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