HomeMy WebLinkAboutORD 900433 - Budget 1990/911 _. � .i_k _ ` j _. I
AN ORDINANCE ADOPTING A BUDGET OF THE ENSUING FISCAL YEAR
BEGINNING, OCTOBER 1, 1990, AND ENDING SEPTEMBER 31, 1991, IN
ACCORDANCE WITH ARTICLE 689A-13, ET. SEQ. OF THE REVISED STATUES
OF TEXAS AND HOME RULE CHARTER FOR THE CITY OF GEORGETOWN, TEXAS.
APPROPRIATING THE VARIOUS AMOUNTS THEREOF AND REPEALING ALL
ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT THEREWITH.
WHEREAS, the City Manager of the
City
of Georgetown has submitted to the
City Council a proposed budget ("Proposed
Budget and a copy
Budget1°) of the revenues
of said
City and expenses of conducting the
affairs thereof and providing
complete
financial plan for the ensuing fiscal
year, beginning October 1,
1990, and
ending September 30, 1991, and which
said
Proposed Budget has been
complied
from detailed information obtained from
the
several departments and offices
of
the City; and
WHEREAS, the
City Council
has received
said City Manager's Proposed
Budget and a copy
of such Proposed
Budget and
all supporting schedules have
been filed with the
City Secretary
of the City
of Georgetown; and
WHEREAS,
in accordance with
article 689A-13 et. seq.
of Texas Revised
Civil Statutes,
notice was published
for a public hearing to
be held on August
28, 1990, concerning
such proposed
budget; and such hearing
was held on that
date, where all
interested persons
were given an opportunity
to be heard for
or against any
item or amount there;
and
WHEREAS, the City Council of the City of Georgetown is of the opinion
that the Proposed Budget should be approved and adopted as the City's Budget
for the ensuing fiscal year;
NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of
Georgetown, Texas, that:
SECTION I.
The Proposed Budget of the revenues of the City of Georgetown and
expenses of conducting the affairs thereof, providing a financial plan for the
ensuing fiscal year beginning October 1, 1990, and ending September 30, 1991,
as submitted to the City Council by the City Manager of said city, and the
same is in all things adopted and approved as the budget of the current
revenues and expenses as well as fixed charges against said City for the
fiscal year beginning October 1, 1990, and ending September 30, 1991. A copy
of the Budget is attached hereto as Exhibit A, and incorporated by reference
herein.
SECTION II.
That the
sum
of $5,438,029
is
hereby appropriated
out of
the General
Fund
for payment
of
expenditures
and
transfers
out of the
General
Fund.
SECTION III.
That the sum of $521,453 is hereby appropriated out of the Interest and
Sinking Fund for the purpose of paying the interest and principal due on
General Obligation Debt.
SECTION IV.
That the sum of $19,256,782 is hereby appropriated out of the Utility
Fund for the payment of expenditures and transfers out of the Utility Fund.
SECTION V.
That the sum of $1,560,124 is hereby appropriated out of the Interest
and Sinking Fund for the purpose of paying the accrued interest and making the
principal payment as the same mature on the Utility System Revenue Debt.
SECTION VI.
That the sum of $540,700 is hereby appropriated out of the Airport Fund
for the payment of expenditures and transfers out of the Georgetown Municipal
Airport Fund.
SECTION VII.
That
the
sum
of $603,100
is hereby
appropriated out
of the
Internal
Service Fund
for
the
payment
of
expenditures
of the Internal
Service
Fund.
SECTION VIII.
That the sum of $4,046,658 is hereby appropriated out of the Special
Revenue Fund for payments of expenditures of the Special Revenue Fund.
SECTION IX.
That the sum of $546,335 is hereby appropriated out of the General
Capital Projects Fund for the payment of expenditures of the General Capital
Project Fund.
SECTION X.
That the sum of $8,028,401 is hereby appropriated out of the Utility
Capital Projects Fund for payment of expenditures and transfers out of the
Utility Capital Projects Fund.
SECTION XI.
That the sum of $100,000 is hereby appropriated out of the Storm
Drainage Fund for payment of expenditures and transfers out of the Storm
Drainage Fund.
SECTION XII.
All ordinances in conflict herewith are hereby repealed.
SECTION XIII.
If any section, paragraph, clause, phrase, or provision of this
Ordinance shall be adjudged invalid or held unconstitutional, the same shall
not affect the validity of this Ordinance as a whole or any part or provision
thereof other than the part so declared to be invalid or unconstitutional.
SECTION XIV.
This ordinance
shall become
effective
upon adoption
of its second and
final reading by the
City Council
of
the
City
of
Georgetown,
Texas.
PASSED.1 i, ADOPTED AND APPROVED on first reading this day of
z�..._, 1990.
PASSED, ADOPTED AND APPROVED on second reading this day of
1990.
APPROVED:
City of Georgetown
ATTEST:
Elizabeth Gray
City Secretary
Marianne Landers Banks
City Attorney