HomeMy WebLinkAboutORD 94-36 - Revenue Collection RatesORDINANCE NO.
i it a • a 1 i 1 iJ 1, i/ a P, 1 ..
ELEMENTi TO INCREASE THE VARIOUSi BUDGETS
FOR NCREASES IN EXPENDITURES THAT ARE TIED TO SERVICE
REQUESTS OR REVENUE COLLECTION... i, . 1,
THE VARIOUS AMOUNTS THEREOF* AND REPEALING ALL
ORDINANCE OR OF 1 1NANCES IN CONFLICT
WHEREAS,anges wereunknown and unforeseeablethe
time the fiscal year
1993/94 budget was approved; and
WHEREAS, the City Charter allows for changes in the Annual Operating Plan by a
Council of a majority plus one in emergency situations;
NOW, i' BE IT ORDAINED BY THE CITY COUNCILOF
CITY OF !' !THAT.III
The facts and recitations contained in the preamble of this ordinance are hereby found
and declared to be true and correct, and are incorporated by reference herein and expressly made
a part hereof, as if copied verbatim. The City Council hereby finds that this ordinance
implements Finance Policy 1 of the Century Plan- Policy Plan Element, which states "The City
will conduct all municipal operations in an efficient business -like manner" and further finds that
the enactment of this ordinance is not inconsistent or in conflict with any other Century Plan
Policies, as required by Section 2.03 of the Administrative Chapter of the Policy Plan,
SECTION 2.
The amendment ! the 1993/94 Annual ,r_ Plan (Budget) of
SECTION 3.
The total of $845,125 is hereby appropriated for payments of expenditures and paymen
of • d included in the Exhibit
All ordinances and resolutions,or parts of ordinances and resolutions, in conflict
this Ordinance are herebyrepealed, and are no longer of •effect,
If any provision of this ordinance or application thereof to any person or circumstance,
shall be held invalid, such invalidity shall not affect the other provisions, or application thereof,
of this ordinance which can be given effect without the invalid provision or application, and to
this end the provisions of this ordinance are hereby declared to be severable.
The Mayor is hereby authorized to sign this ordinance and the City Secretary to attest.
This ordinance shall become effective upon adoption of its second and final reading by the City
Council of the City of Georgetown, Texas.
ATTES :/ THE CITY OF GEORGETG .
t f� F x �
:Sandra D. Lee By -.Leo Mood
City Secretary Mayor
Marianne Landers Banks
City Attorney
Budget Amendment No. ( ee
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EXHIBIT A
Revenue
Electric Sales $652,750
Expenditures
Operations - LCRA Contract-652,750
Excess revenue over expenditures
Revenue
Water Sales $111,200
Expenditures
Operations - Contracts 6% Transfer-72,000
Operations - Water Distribution-39,200
Excess revenue over expenditures
Revenue
Garbage Sales $379800
Expenditures
Operations - Longhorn Contract -68,000
Operations - Collection Station 13,175
Net increase in Fund deficit 43 375
* Deficit funded in 1994/95 Annual Operating Plan
Budget Amendment No.
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