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HomeMy WebLinkAboutORD 890365 - Adopting 1989/1990 BudgetORDINANCE AN ORDINANCE ADOPTING A BUDGET OF THE ENSUING FISCAL YEAR BEGINNING, OCTOBER 1, 1989 AND ENDING SEPTEMBER 30 19905 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, Council the City Manager a proposed budget of the City of Georgetown has submitted to the City ("Proposed Budget") of the revenues of said City and expenses of conducting the affairs thereof and providing complete financial plan for the ensuing fiscal year, 1990, and which said Proposed obtained from the several beginning October 1, 1989, Budget has been complied from departments and offices of the and ending September 30, detailed information 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 22, 1989 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. THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN: SECTION 1. The Proposed Budget of the revenues of the City of Georgetown and expenses of conducting the affairs fiscal year beginning submitted to the City same is in all things thereof, October Council adopted providing 1, 1989 and by the City and approved a financial plan for the ensuing ending September 30, 1990, as Manager of said city, and the as the budget of the current revenues and expenses as well as fixed charges against said City for the fiscal year beginning October Budget is attached hereto 1, 1989 as Exhibit and ending A, and September 30, 1990. A copy of the incorporated by reference herein. SECTION 2. That the sum of $ 4,832,686 is hereby appropriated out of the General Fund for payment of expenditures and transfers out of the General Fund. SECTION 3. That the sum of $ 520,945 is hereby appropriated out and Sinking Fund for the General Obligation Debt, purpose of paying the interest of the Interest and principal due on SECTION 4. That the sum of $ 16,851,108 is hereby appropriated out of the Utility Fund for the payment of expenditures and Fund. transfers out of the Utility Fund. SECTION 5. That the sum of $ 155769224 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 6. That the sum of $ 494,151 is hereby appropriated out of the Airport Fund for the payment of expenditures and transfers out of the Georgetown Municipal Airport Fund. SECTION 7. That the sum of $ 438,000 is hereby appropriated out of the Internal Service Fund for the payment of expenditures of the Internal Revenue Fund. SECTION 8. That the sum of $ 21478,689 effective upon is hereby appropriated out of the Special Revenue Fund for payments of expenditures of the Special Revenue Fund, SECTION 9. That the sum of Capital Projects Project Fund. SECTION 10. $ 508,783 is hereby appropriated out of the General Fund for the payment of expenditures of the General Capital That the sum of $ 7,087,316 is hereby appropriated out of the Utility Capital Projects Fund for payment of expenditures and transfers out of the Utility Capital Project Funds. SECTION 11. All ordinances in conflict herewith are hereby repealed. SECTION 12. If any section, paragraph, clause, shall be adjudged invalid or held the validity of this Ordinance as other than the part so declared to SECTION 13, phrase, or provision of this Ordinance unconstitutional, the same shall not affect a whole or any part or provision thereof be invalid or unconstitutional. This ordinance shall become effective upon adoption of its second and final reading by the City Council of the City of Georgetown, Texas. 1989/90 fiscal year budget (csf budget.ord) page 2 of 3 PASSED AND APPROVED on first reading this i;Oh day ofAPLAJ , 1989 by a vote of Lo "Ayes" and "Nos" with (number) Councilmembers present and voting. P SSED, APPROVED AND ADOPTED on second and final reading this day of Aj0 1989. Tim Kennedy, M4.y or ATTEST: APPROVED AS TO FORM: etary Diane Callander, Gity Attorney STATE OF TEXAS COUNTY OF WILLIAMSON CITY OF GEORGETOWN I: , being the current City Secretary of the City of Georgetown do hereby certify that the attached ordinance of the City Council of the City of Georgetown is a true and correct copy of such ordinance adopted at a council meeting open to the public and notice of said meeting, giving the date, place, and subject thereof, having been posted as prescribed by Article 6252-17, Section 3A, VATCS. Dated this day of (City Seal) City Secretary 19 1989/90 fiscal year budget (csf budget.ord) page 3 of 3