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HomeMy WebLinkAboutORD 511 - ORD Amending ORD 481 and Changing 1949-1950 Budget 11'11111 I 1 1 L !. L .... ,1.,.:1 26 ORDINAIjCE NO. 5lI AN ORDINANCE AMENDING ORDINANCE NO. 481 AND CHANGING THE 1949-1950 BUDGET OF THE CITY OF WEST UNIVERSITY PLACE, TEXAS, IN SUCH A MANNER AS TO APPROPRIATE AND ALLOCATE CERTAIN FUNDS TO VARIOUS DEPARTMENTS OF THE CITY TO.PAY NECESSARY COST OF CITY'S SHARE OF PARTICI- PATION IN THE TEXAS MUNICIPAL RETIREMENT SYSTEM !1 I : I I U WHEREAS, since the adoption of the 1949-1950 Budget of the City of West University Place, Texas, it has become necessary and ex- pedient to make certain budgetary changes not contemplated by the 1949-50 Budget of said city, and WHEREAS, the City Commission of the City of West University Place, Texas, contemplates passing an ordinance providing for partici- pation in the Texas Municipal Retirement System by various departments of the city al)d it is necessary to amend the Budget to appropriate funds for the payment of the city's share of such retirement system for the period June 1, 1950 to December 31, 1950, NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF WEST UNIVERSITY PLACE, TEXAS: Section 1. That theI949-$0 Budget of the City of West Uni- versity Place, Texas, be amended and is hereby amended to increase the anticipated income of the following revenue accounts: ,..........., I : I ' LJ Current Ad valorem Taxes from $170,579.09 to $171,868.23 being an increase of $1,289.14, Building Permits from $1,000.00 to $1,750.00 being an increase of,$750.00 Electrical Permits from $1,250.00 to $2,250.00 being an increase 'of $1,000.00 Police Fines from $5,250.00 to $6,000.00 being an increase of $750.00 making a total increase of $3,789.14 additional anticipated income for use. in the General Fund Budget, and that '''''" Water Income be increased from $170,686.55 to $172.252.45 being an increase of $1,565.90. Sewer Income be increased from $88,000.00 to $88,607.60 ; being an increase of $607.60. Section 2. That a retirement expenditure account be established in the participating departments as follows: II I , : I U 27" l General Administrative . Tax. . . .... Inspection . Health . . . . . Police . . . Garbage Street Park . . Water Sewer . . . $ 332.50 68.25 94.50 155.75 633.50 1,091.65 742.00 63.70 1,565.90 607.60 $5,355.35 Total Section 3. That there is hereby appropriated out of the public funds and moneys of the City of West University Place, Texas as herein set forth, such sum and sums, as are necessary to pay the city's share of participation in the Texas Municipal Retirement System. Section 4. That all ordihances and parts of ordinances in conflict herewith are hereby repealed insofar as such conflicts exist. PASSED AND APPROVED this lOth day of April, 1950, by a vote of 5 ATIS and 0 NOES. --I i I ~ "I i I -..-J