HomeMy WebLinkAbout1882 08-31-2010 ORDINANCE NO. 1882
AN ORDINANCE ADOPTINGTHE OFFICIAL OPERATING
AND CAPITAL BUDGETS FOR THE CITY OF EULESS
FOR THE FISCAL YEAR BEGINNING OCTOBER It 2010,
AND ENDING SEPTEMBER 30, 2011; PROVIDING FOR
THE INVESTMENTS OF FUNDS; AND PROVIDING FOR
PUBLICATION AND AN EFFECTIVE DATE.
WHEREAS, on August 31, 2010, the Euless City Council held a public hearing
on its proposed budget for the fiscal year beginning October 1, 2010, and ending
September 30, 2011; and,
WHEREAS, the proposed budget was on file in the office of the City Secretary of
the City of Euless since August 1, 2010, available to the citizens and the public for their
inspection, as well as an opportunity to be heard on August 31, 2010; and,
WHEREAS, due notice of such hearing can 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, 2010, and ending September 30, 2011, be, and the same is hereby adopted
by the Suisse 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:
FY 2011
E5pe0411MEM
General F $31,251,419
Hotelliftlell Fund $266,627
Juvenile Case Fund $50,149
Half Cent Sales Tax Fund{EE C} $3,561,363
Come,Control&Prevention District Fund (GCFD) $1,602,618
Police Drug Fund(DEA) $3,000
Public Safety Grant Funds $95,242
Car Rental Tax Fund $12,594,728
General Obligation Debt Service Fund $3,399,838
Star Center Debt Service Fund $978,138
Half Cent Debt Service Fund(EDC) $938,812
Water&Wastewater Fund $19,059,189
Service Center Fund $1,033,013
Water&Wastewater Revenue Debt Service Fund $+433,856
Drainage Utility Fund $M1312
Recreation Classes Fund $429,446
Texas Star Sports Complex Fund $1,371,966
Texas Star Sports Complex Debt Service Fund $162,600
Texas Star Golf Course Fund $4,397,755
Texas Star Golf Course Debt Service Fund $675,725
Equipment Replacement Fund $313,150
Health Insurance Fund $5,346,616
Risk Iola a entlWorker's Comp Fund $823,098
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:
f nUmanceNs.IM2,fte2of3
Appropriations
Streets Capital Projects Fund $11,110;{700
Half Cent Capital Projects Fund $50,000
Water&Wastewater Capital Projects Fund $1,128,000
Water Impact Fee Fund $414196
Wastewater impact Fee Fund 500;000'
Drainage Capital Projects Fund $500i000
Texas Star Sports Complex $550,000
SECTION 5
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 rise, including operating funds and band 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 3151 day of August 2010, by a vote of a ® ayes,
g nays, and c abstentions,
APPROVED: APPROVED AS TO FORM:
Mary Libtaleh William M. cKamie
Mayor Interim City Attorney
ATTEST:
Susan Crim, YRfAC
City Secretary
Qrriir owee No.I&N2,Page 3 of 3