HomeMy WebLinkAboutORD 880281.010 - Adopt 1998/1999 BudgetORDINANCE NUMBER 9?,90az I, d 16
AN ORDINANCE ADOPTING A BUDGET OF THE ENSUING
FISCAL YEAR BEGINNING, SEPTEMBER 1, 1988 AND
ENDING SEPTEMBER 30, 1989, 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") of the revenues of said City and expenses of conducting
the affairs thereof and providing complete financial plan for the
ensuing fiscal year, beginning September 1, 1988, and ending
September 30, 1989, 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 and reviewed 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 9, 1988
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, having reviewed the Proposed
Budget and heard the persons wishing to speak on the Proposed
Budget and having deliberated over the proposed revenues and
expenditures for the ensuing fiscal year; 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 GEORGETOWNa
SECTION 1.
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 September 1, 1988 and
1988/89 fiscal year budget (csf budget.ord) page 1 of 4
ending September 30, 1989,
as submitted to the City Council
by
the
City Manager of said city,
be, and the same is in all
things
payments of
adopted and approved as
the budget of the current revenues
the Utility
and
expenses as well as fixed
charges against said City for the
fiscal
year beginning September 1,
1988 and ending September 30, 1989.
A
copy of the Budget is
attached hereto as Exhibit A,
and
incorporated by reference
herein.
SECTION 2.
That the sum of $4,072,758 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 $519,958
Interest and Sinking Fund for
and principal due on General
SECTION 4.
is hereby appropriated out of the
the purpose of paying the interest
Obligation Debt.
That the sum of $15,711,350 is hereby appropriated out of the
Utility Fund for the payment of expenditures and transfers out of
the Utility Fund.
SECTION 5.
That the sum of $1,661,669 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 $695,445 is
Fund for the payment of
Georgetown Municipal Airport
SECTION 7.
That the sum of
Special Revenue
Revenue Fund.
SECTION 8.
hereby appropriated out of the
expenditures and transfers out
Fund.
$3,285,401
sum of
is hereby
appropriated
out
Fund
for
payments of
expenditures of
the
That the sum of $600,738 is hereby appropriated out of the
Capital Projects Fund for the payment of expenditures
General Capital Project Fund.
SECTION 9.
Airport
of the
of the
Special
General
of the
That the
sum of
$4,358,400
is hereby appropriated out of the
Utility
Capital
Projects
Fund for payment of expenditures and
transfers
out of
the Utility
Capital Project Funds.
1988/1989 fiscal year budget (csf budget.ord) page 2 of 4
SECTION 10.
All ordinances in conflict herewith are hereby repealed.
SECTION 11.
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 12.
This ordinance shall become effective upon adoption of its second
and final reading by the City Council of the City of Georgetown,
Texas.
PASSED AND APPROVED on first reading this q -"h day of
est , 1988 by a vote of 4 "Ayes" and 3 "Nos"
wit (number) Councilmembers present and voting.
eASSED, APPROVED AND i i
tay of
Tim Kennedy, Mayor
ATTEST.
Leta F. Willoughby, Citi Se
APPROVED AS TO FORM*
on second and final reading this 231'd.
Diane Callander, City Attorney
1988/89 fiscal year budget (csf budget.ord) page 3 of 4
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 19
(City Seal)
City Secretary
1988/89 fiscal year budget (csf budget.ord)