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Home My WebLink AboutOrd 1606 - budget 1999 ~- I II I ORDINANCE NUMBER 1606 -:..... Ii II 'I 'I II II Ii 'I I' d !: jl 'I i! Ii I I, II I i 1 ,. I I i I I . ,- . AN ORDINANCE APPROVING AND ADOPTING A BUDGET FOR THE FISCAL YEAR BEGINNING JANUARY 1, 1999 AND ENDING DECEMBER 31,1999; APPROPRIATING FUNDS FOR SUCH BUDGET; AND CONTAINING FINDINGS AND PROVISIONS RELATING TO THE SUBJECT. WHEREAS, as required by the City Charter and state law, the City Manager has prepared and submitted to the City Council a budget with estimates of expenditures and revenues of all city divisions and activities for the year beginning January 1, 1999 and ending December 31, 1999; and WHEREAS, such budget has been timely filed with the City Secretary, the City Council has had sufficient time to review and revise such budget and notice of a public hearing upon such budget has been duly given; and WHEREAS, a public hearing has been held, and all taxpayers and interested persons were provided an opportunity to attend and participate in such hearing; and WHEREAS, public participation, input and suggestions regarding the budget have been received and considered by the City Council, and the City Council has made changes as the City Council considers warranted by law in the best interest of the municipal taxpayers, and the City Council has found and detennined that the budget adopted by this ordinance does not allow' expenditures during the budget period in excess of funds estimated to be on hand during the same period; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST UNIVERSITY PLACE, TEXAS: Section 1. The matters and facts set out in the preamble of this ordinance are found and determined to be true and correct and are hereby approved and adopted by the City Council. Section 2. The 8 page document entitled "City of West University Place Budget, 1---:.__'::lI , ._. jjL.Iii.r' . - ---------------,..,--,-------,~'....~F"!r'l~.'''"'''~.,.c~:-------------,------- ----- F=~' _"--~ 'I II I I For the Fiscal Year Beginning January I, 1999 and Ending December 31,~t999" ("Budget") is hereby approved and adopted. A true copy of the Budget is attached to and made a part of this ordinance. Funds in the amounts indicated in such Budget for each fund are appropriated for the purposes and projects described in such Budget. I I I I Section 3. That this ordinance approving and adopting the Budget is made in all things in accordance with the terms and provisions of the City Charter of the City of West University Place, Texas and the laws of the State of Texas and shall be interpreted and construed in compliance therewith. IJ " II ~ I i! II II Ii Ii 'I II 11 II II Ii Ii il II I' I Section 4. All ordinances and parts of ordinances in conflict herewith are hereby repealed to the extent of the conflict only. Section 5. If any word, phrase, clause, sentence, paragraph, section or other part of this ordinance or the application thereof to any person or circumstance, shall ever be held to be invalid or unconstitutional by any court of competent jurisdiction, neither the remainder of this ordinance, nor the application of such word, phrase, clause, sentence, paragraph, section, or other part ofthis ordinance to any other persons or circumstances, shall be affected thereby. Section 6. The City Council officially finds, determines and declares that a sufficient written notice of the date, hour, place and subject of each meeting at which this ordinance was discussed, considered, or acted upon was given in the manner required by the Open Meetings Act, Chapter 551, Texas Local Government Code, as amended, and that each such meeting has been open to the public as required by law at all times during such discussion, consideration and action. The City Council ratifies, approves and confirms such notices and the contents and posting thereof. Section 7. After adoption of the Budget, the City Manager shall provide for the filing ofa true copy of the Budget (and each amendment) in the office of the County Clerk of Harris County, Texas. Section 8. signature. This ordinance shall become effective immediately upon adoption and I Ii Ii I II I I I I [ I I PASSED AND APPROVED ON FIRST READING, this ~day Of~ 1998. Voting Aye: Voting Nay: I I PASSED AND APPROVED ON SECOND READING, this ...t.ri;y O~dY I 19~ I I i I I I I Absent: Voting Aye: Voting Nay: Absent: Signed: eresa Fogler Mayor aylynn Holloway City Secretary (SEAL) AP~ Jim Dougherty City Attorney 1'''=.=;:;===----c=-==r=::!~~--r:==7-=-~''''''=~=., J,tlL.I[ ",,'f'r~f"""'l~"'1'~","7'f CTIY OF WEST UNlVERSfIY PLACE BUDGET FOR THE FISCAL YEAR BEGINNING JANUARY I, 1998 AND ENDING DE~~31,1999 1997 1998 1999 Actual Estimated Budget GENERAL FUND BEGINNING BALANCE Cash $ 6,180,277 $ 5,666,400 $ 5,446,855 Less: Obligations (2,105,641) (1,745,628) (1,766,532) NET BEGINNING BALANCE 4,074,636 3,920,772 3,680,323 REVENUES Ad Valorem Taxes 3,124,989 3,142,000 3,274,850 Franchise Fees 716,279 714,000 714,000 Sales Tax 543,756 555,000 556,000 Licenses and Permits 329,958 335,100 299,450 Fees for Service 262;955 255,000 277,000 Other charges and fees 104,752 128,511 93,300 Recreation Programs 389,450 341,600 383,000 Fines and Forfeits 368,080 180,000 280,000 Investmenteamings 301,604 350,000 325,000 Other revenues 117,650 132,500 82,300 Interfund transactions 410,000 631,000 631,000 TOTAL REVENUES 6,669,473 6,764,711 6,915,900 EXPENDITURES Administration 380,613 379,810 414,500 Finance 1,564,128 1,540,115 1,654,100 Police 1,693,595 1,813,470 1,764,900 Fire 1,213,862 1,307,950 1,378,900 Public Works 1,271,081 1,245,265 1,293,900 Parks and Recreation 700,058 . 718,550 828,100 TOTAL EXPENDITURES 6,823,337 7,005,160 7 ,334,400 NEf ENDING BALANCE 3,920,772 3,680,323 3,261,823 Cash 5,666,400 5,446,855 5,046,855 Obligations $. (1,745,628) $ (1,766,532) $ (1,785,032) ~-- CI1Y OF WEST UNIVERSITY PLACE BUDGET . FOR THE FISCAL YEAR BEGINNING JANUARY I, 1998 AND ENDING D~~31,1999 1997 1998 1999 .. Actual Estimated Budget DEBT S~VICE FUND BEGINNING BALANCE Cash $ 1,102,160 $ 938,752 $ 898,302 Less: Obligations - - - NET BEGINNING BALANCE 1.102.160 938.752 898.302 REVENUES Ad Valorem Taxes 2,525,088 2,874,500 3,241,450 Interest 252,979 375,000 500,000 TOTAL REVENUES 2,778,067 3,249,500 3,741,450 EXPENDITURES Debt Service 2,936,638 3,280,950 3,619,430 Fiscal Fees . 4,837 9,000 9,000 TOTAL EXPENDITURES 2,941,475 3,289,950 3,628,430 NET ENDING BALANCE 938,752 898,302 1,011,322 Cash 938,752 898,302 1,011,322 Obligations $ - $ - $ - ., ,Jr."] "'-" ----~-------------.-- ---~--''""''f'"F!F~~'f''''1'l''''''"';---- CITY OF WEST UNIVERSITY PLACE BUDGET FOR THE FISCAL YEAR BEGINNING JANUARY 1, 1998 AND ENDING . DECEMBER 31, 1999 1997 1998 1999 Actual Estimated Budget INFRASTRUCTURE REPLACEMENT FUND BEGINNING BALANCE Cash $ 15,992,294 $ 13,843,399 $ 20,578,126 Less: Obligations - - - NET BEGINNING BALANCE 15,992,294 13,843,399 20,578,126 REVENUES Transfers from: Capital Projects Fund - - - Water and Sewer Fund - - - Grants 495,245 270,000 270,000 Bond Proceeds - 14,246,056 - Interest 430,085 440,000 350,000 TOTAL REVENUES 925,330 14,956,056 620,000 EXPENDITURES Area 3 20,379 2,000 - Area 4a 578,588 1,500 - Area 4b and 5a 2,247,500 2,500,000 2,000,000 Area 5b and 6a 140,237 3,500,000 2,560,000 Area 6b 82,521. 750,000 5,800,000 Area 7a - 50,000 7,750,000 Slip Lining of Sewer Line - 1,200,000 15,000 Bond Issuance Costs 5,000 217,829 - TOTAL EXPENDITURES 3,074,225 . 8,221,329 18,125,000 NET ENDING BALANCE 13.843.399. 20.578.126 3.073.126 Cash 13,843,399 20,578,126 3,073,126 Obligations $ - $ - $ - ----- CITYOF WEST UNIVERSITY PLACE BUDGET FOR THE FISCAL YEAR BEGINNING JANUARY 1, 1998 AND ENDING D~~31,1999 1997 1998 1999 Actual Estimated Budget EQUIPMENT REPLACEMENT FUND BEGINNING BALANCE Cash $ - $ - $ 54,974 Less: Obligations - - - NET BEGINNING BALANCE - - 54,974 REVENUES Transfers from: General Fund - 171,480 171,480 Water and Sewer Fund - 63,700 63,700 Solid Waste Fund - 104,210 104,210 Interest - 2,500 2,500 TOTAL REVENUES - 341,890 341,890 EXPENDITURES Detective Car - 26,825 - Detective Car - 23,648 - Patrol Car - 18,846 25,000 Patrol Car - 25,000 Pickup Truck - 14,657 - Pickup Truck 17,789 - Pickup Truck 17,789 - Ambulance - 95,000 Street Sweeper - 91,698 - Swimming Pool Equipment - 34,962 - Handicap Van . - 40,702 - TOTAL EXPENDITURES - 286,916 145,000 NET ENDING BALANCE - 54,974 251,864 Cash - 54,974 251,864 Obligations $ - $ - $ -