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ORD 1992-14 - Approving & Adopting The Operating And Captital Improv. Budget FY 92-93 09-15-1992ORDINANCE NO. 92- 14 AN ORDINANCE FINDING THAT ALL THINGS REQUISITE AND NECESSARY HAVE BEEN DONE IN PREPARATION AND PRESENTMENT OF AN ANNUAL BUDGET; APPROVING AND ADOPTING THE OPERATING AND CAPITAL IMPROVEMENTS BUDGET FOR THE CITY OF HUNTSVILLE, TEXAS, FOR THE PERIOD OCTOBER 1, 1992 THROUGH SEPTEMBER 30, 1993; AND PROVIDING FOR AN EFFECTIVE DATE HEREOF. WHEREAS the Charter of the City of Huntsville, Texas, and the statutes of the State of Texas require that an annual budget be prepared and presented to the City Council of the City of Huntsville, Texas, prior to the beginning of the fiscal year of such City, and that a public hearing be held prior to the adoption of such budget; and WHEREAS the budget for the year October 1, 1992, through September 30, 1993, has been presented to the City Council, a public hearing has been held with all notice as required by law, and all comments and objections have been considered; and WHEREAS a copy of the proposed budget has been filed with the City Secretary and available for public inspection at least fifteen days prior to the budget hearing and tax levy for the fiscal year 1992 -1993; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE, TEXAS, that: SECTION 1: The budget for the City of Huntsville, Texas, now before the City Council for consideration, is adopted as the budget for the City for the period of October 1, 1992, through September 30, 1993. SECTION 2: The appropriation for the ensuing fiscal year for the operations budget shall be fixed and determined as follows: I. General Fund $ 6,724,466 II. General Debt Service Fund 857,406 III. Water and Sewer Fund 5,911,367 IV. Sanitation Fund 1,866,321 Total Operating Funds $ 15,359,560 SECTION 3: The appropriation for the ensuing fiscal year for the capital improvement budget shall be fixed and determined as follows: I. Street Improvements $ 688,007 II. Water & Sewer Projects 2,377,426 III. Downtown Revitalization Project 75,481 IV. Transfer to Debt Service 173,094 Total Capital Improvements $ 3,314,008 ORDINANCE NO. 92- AN ORDINANCE FINDING THAT ALL THINGS REQUISITE AND NECESSARY HAVE BEEN DONE IN PREPARATION AND PRESENTMENT OF AN ANNUAL BUDGET; APPROVING AND ADOPTING THE OPERATING AND CAPITAL IMPROVEMENTS BUDGET FOR THE CITY OF HUNTSVILLE, TEXAS, FOR THE PERIOD OCTOBER 1, 1992 THROUGH SEPTEMBER 30, 1993; AND PROVIDING FOR AN EFFECTIVE DATE HEREOF. WHEREAS the Charter of the City of Huntsville, Texas, and the statutes of the State of Texas require that an annual budget be prepared and presented to the City Council of the City of Huntsville, Texas, prior to the beginning of the fiscal year of such City, and that a public hearing be held prior to the adoption of such budget; and WHEREAS the budget for the year October 1, 1992, through September 30, 1993, has been presented to the City Council, a public hearing has been held with all notice as required by law, and all comments and objections have been considered; and WHEREAS a copy of the proposed budget has been filed with the City Secretary and available for public inspection at least fifteen days prior to the budget hearing and tax levy for the fiscal year 1992 -1993; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF HUNTSVILLE, TEXAS, that: SECTION 1: The budget for the City of Huntsville, Texas, now before the City Council for consideration, is adopted as the budget for the City for the period of October 1, 1992, through September 30, 1993. SECTION 2: The appropriation for the ensuing fiscal year for the operations budget shall be fixed and determined as follows: I. General Fund $ 6,724,466 II. General Debt Service Fund 857,406 III. Water and Sewer Fund 5,911,367 IV. Sanitation Fund 1,866,321 Total Operating Funds $ 15,359,560 SECTION 3: The appropriation for the ensuing fiscal year for the capital improvement budget shall be fixed and determined as follows: I. Street Improvements $ 688,007 II. Water & Sewer Projects 2,377,426 III. Downtown Revitalization Project 75,481 IV. Transfer to Debt Service 173,094 Total Capital Improvements $ 3,314,008 SECTION 4: The City Secretary is directed to maintain a copy of the adopted budget, to file a copy thereof with the City Library and the County Clerk, and to publish a notice indicating the availability of the budget. SECTION 5: This ordinance shall take effect immediately after its passage. PASSED AND APPROVED on this the 15th day of September, 1992. THE CITY OF HUNTSVILLE, TEXAS W. Hodges, Mayor ATTEST: Me lb Byers, City Secr ry APP OVED TO FORM: Scott City Attorney