HomeMy WebLinkAboutOrd 1502 - amending Budget 1995
ORDINANCE NUMBER 1502
AN ORDINANCE AMENDING THE BUDGET OF THE CITY OF WEST
UNIVERSITY PLACE, TEXAS FOR THE FISCAL YEAR BEGINNING JANUARY
1, 1995; CONTAINING FINDINGS AND PROVISIONS RELATED TO THE
SUBJECT.
WHEREAS, it is found and determined that changes in the current budget are
necessary for municipal purposes and that amendments are necessary for emergencies
of the kind contemplated by state law, andit is formally found, determined and declared
that such emergencies exist;
NOW THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WEST
UNIVERSITY PLACE, TEXAS:
Section 1. That the budget of the City of West University Place for the 12
month period beginning January 1, 1995, and ending December 31, 1995 as heretofore
adopted be, and it is hereby, amended as shown in Schedules 2, 4, 5, and 6 attached.
Section 2. The City Council approves, adopts and ratifies the findings set
out in the preamble hereof and directs that the City Secretary file a copy of this
ordinance with the county clerk, in the same manner as original budgets are required to
be filed.
Section 3. 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, the
remainder of this ordinance and the application of such word, phrase, clause, sentence,
paragraph, section or other part of this ordinance to any other persons or circumstance
shall not be affected thereby.
Section 4. All ordinances and parts of ordinances in conflict herewith are
hereby repealed to the extent of the conflict only.
Section 5. 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 Law, 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 6. This ordinance shall become effective immediately upon
adoption and signature.
PASSED AND APPROVED ON FIRST READING, this ....</,oW day of
F ,1995
Voting Aye:
Voting Nay:
Absent:
~SSED AND APPROVED ON SECOND READING, this
./ , 1995
,
Voting Aye:
84 day of
Voting Nay:
Absent:
Signed:
&O~,~
Bill Watson
Mayor
ATTEST:
James L. Dougherty, Jr.
City Attorney
K Holloway
City Secretary
(SEAL)
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CITY OF WEST UNIVERSITY PLACE
BUDGET AMENDMENT
APRIL 24, 1995
1995
ORIGINAL
BUDGET
02/13/95
BUDGET
AMEND
03/24/95
BUDGET
AMEND
1995
AMENDED
BUDGET
CAPIT AL PROJECTS FUND
SCHEDULE 2
REVENUE
Interest on Investments
Paving Assessment
Intergovermental Revenue - Coun
Intergovermental Revenue - City
Misc. Revenue - Friends of West
Transfer from Water/Sewer
Transfer from General Fund
45,000
o
o
o
80,265
384,000
834,000
45,000
o
o
o
80,265
384,000
834,000
TOTAL REVENUE
1,343,265
o
o
1,343,265
EXPENDITURES
Water Transmission Line 0 85,000 85,000
SCADA 71,890 71,890
Public Works Rehab & Improvem 406,000 406,000
Colonial Park Pool (Bubble) 66,000 66,000
Community Building Rehab 300,000 300,000
Wier Park Improvement 0 9,000 9,000
Ground Storage Tank Maintenanc 181,000 181,000
Fire Pumper Truck 265,000 265,000
Milton Park Improvements 80,265 80,265
Arbitrage Rebate 0 0
West Univ. Elem. Drainage 0 0
Transfer to Bond Capital Projects 795,576 795,576
-------------------- ------------------- ----------------- -----------------
TOTAL EXPENDITURES 1,370,155 0 889,576 2,259,731
REVENUES OVER (UNDER) E (26,890) 0 (889,576) (916,466)
BEGINNING BALANCES 916,466 916,466
ENDING BALANCES 889,576 0
CITY OF WEST UNIVERSITY PLACE
BUDGET AMENDMENT
APRIL 24, 1995
WATER and SEWER FUND
SCHEDULE 4
REVENUE
Water Sales
Sewer Sales
Penalties and Interest
Meter Installations
Sewer Tap and Disconnect
Interest on Investments
Sale of Fixed Assets
TOTAL REVENUE
EXPENDITURES
Field Services
Plant Management
Depreciation
Utility General Services
Transfer to Bond Capital Projects
TOTAL EXPENDITURES
REVENUES OVER (UNDER) E
BEGINNING BALANCES
ENDING BALANCES
1995
ORIGINAL
BUDGET
1,257,000
1,006,220
40,000
25,000
7,500
200,000
3,600
2,539,320
598,440
1,358,070
o
974,400
2,930,910
(391,590)
3,851,238
3,459,648
02/13/95
BUDGET
AMEND
(40,480)
44,880
4,400
( 4,400)
03/24/95
BUDGET
AMEND
o
200,000
200,000
(200,000)
1995
AMENDED
BUDGET
1,257,000
1,006,220
40,000
25,000
7,500
200,000
3,600
o
2,539,320
557,960
1,358,070
o
1,019,280
200,000
3,135,310
(595,990)
3,851,238
3,255,248
CITY OF WEST UNIVERSITY PLACE
BUDGET AMENDMENT
APRIL 24, 1995
1995
ORIGINAL
BUDGET
02/13/95
BUDGET
AMEND
03/24/95
BUDGET
AMEND
1995
AMENDED
BUDGET
METRO GRANT FUND
SCHEDULE 5
REVENUE
Interest on Investments
Metro - Weslyan Phase 1
Metro - Street Mtce. & Traffic Co
Metro - Expanded Sales Tax
45,000
o
300,000
40,000
45,000
o
300,000
40,000
TOTAL REVENUE
385,000
o
o
385,000
EXPENDITURES
City Share of Metro Projects 0 0
Transfer to Capital Projects 2,000,000 (399,152) 1,600,848
-------------------- ------------------- ----------------- -----------------
TOTAL EXPENDITURES 2,000,000 0 (399,152) 1,600,848
REVENUES OVER (UNDER) E (1,615,000) 0 399,152 (1,215,848)
BEGINNING BALANCES 1,215,848 0 0 1,215,848
ENDING BALANCES (399,152) 0 399,152 0
CITY OF WEST UNIVERSITY PLACE
BUDGET AMENDMENT
APRIL 24, 1995
1995
ORIGINAL
BUDGET
02/13/95
BUDGET
AMEND
03/24/95
BUDGET
AMEND
BOND CAPITAL PROJECTS
SCHEDULE 6
REVENUE
Interest on Investments
Transfer - Metro Grant Fund
Proceeds from Charlotte Lake
Transfer from Capital Projects
Transfer from Utility Fund
250,000
2,000,000
150,000
(399,152)
1,488,497
795,576
200,000
1995
AMENDED
BUDGET
400,000
1,600,848
1,488,497
795,576
200,000
o
TOTAL REVENUE
2,234,921
-------------------- ------------------- ----------------- -----------------
4,484,921
2,250,000
o
EXPENDITURES
Priority Area 2 4,738,670 (85,264) 4,653,406
Priority Area 3 6,365,000 (433,427) 5,931,573
Priority Area 4 0 3,825,000 3,825,000
-------------------- ------------------- ----------------- -----------------
TOTAL EXPENDITURES 11,103,670 0 3,306,309 14,409,979
REVENUES OVER (UNDER) E (8,853,670) 0 (1,071,388) (9,925,058)
BEGINNING BALANCES 9,953,906 0 0 9,953,906
ENDING BALANCES I, I 00,236 0 (1,071,388) 28,848