Loading...
OR 91-526 Amends City budget for FY 10/1/90 - 11/30/91 AN ORDINANCE OF THE CITY OF COPPELL, TEXAS ORDINANCE NO. 91526 AN ORDINANCE OF THE CITY OF COPPELL, TEXAS APPROVING AN AMENDMENT TO THE BUDGET FOR THE CITY FOR THE FISCAL YEAR OCTOBER 1, 1990 THROUGH SEPTEMBER 30, 1991; PROVIDING THAT EXPENDITURES FOR SAID FISCAL YEAR SHALL BE MADE IN ACCORDANCE WITH SAID BUDGET; AND DECLARING AN EFFECTIVE DATE. WHEREAS, the Budget Officer of the City of Coppell, Texas, did on the 5TH day of August, 1990, file with the City Secretary, a proposed general budget for the City covering the fiscal year aforesaid, and WHEREAS, The City Council of the City of Coppell approved said budget on the 18 day of September, 1990, and WHEREAS, the governing body of the City has this date considered an amendment to said budget; NOW THEREFORE: BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COPPELL, TEXAS: SECTION 1. That said budget is hereby amended as follows: (Decrease)/ General Fund Current Budget Amending Budget Increase Roll Back Tax 59,590.00 65,721.00 6,131.00 Franchise Tax-Electric 334,000.00 334,777.00 777.00 Franchise Tax-Telephone 45,000.00 47,740.00 2,740.00 Franchise Taxes- Solid Waste 115,000.00 113,000.00 (2,000.00) Franchise Taxes- Cable T.V. 77,000.00 84,000.00 7,000.00 Municipal Court Fines 145,000.00 190,000.00 45,000.00 Construction Permits 430,000.00 440,000.00 10,000.00 Zoning & Subdivision Fees 50,000.00 40,000.00 (10,000.00) Street Lighting & Sign Fees 20,000.00 30,000.00 10,000.00 Street Cut Fees 5,000.00 10,000.00 5,000.00 Miscellaneous Income 10,000.00 13,000.00 13,000.00 Licenses 20,000.00 18,000.00 (2,000.00) Sales Tax 550,000.00 570,000.00 20,000.00 Construction Inspect. Fees 12,000.00 20,000.00 8,000.00 TOTAL INCREASE IN REVENUES 103,648.00 Expenditure Combined Services 359,961.00 377,961.00 18,000.00 Fire 1,293,827.00 1,340.339.00 46,512.00 TOTAL INCREASE IN EXPENDITURES 64,512.00 INCREASE TO FUND BALANCE 39,136,00 Water & Sewer Fund (Decrease)/ Expense Current Budqet Amendinq Budqet Increase Cost of Water 1,023,796.00 1,046,296.00 22,500.00 Cost of Sewage Treatment 651,090.00 652,420.00 1,330.00 Combined Service 633,626.00 642,321.00 8,695.00 TOTAL INCRFASE IN EXPENSES 32,525.00 TOTAL DECREASE IN RETAINED EARNINGS 32,525.00 SECTION 2. That expenditures during the fiscal year shall be made in accordance with the amended budget approved by this ordinance, unless otherwise authorized by a duly enacted ordinance of the City. SECTION 3. That the necessity for making and approving an amended budget for the fiscal year as required by the laws of the State of Texas, requires that this ordinance shall take effect inunediately from and after its passage, as the law in such cases provides. DULY PASSED by the City Council of the City of Coppell, Texas, on the 24th day of September , 1991. APPROVED Mark Wolfe MAYOR ATTEST: Linda Grau CITY SECRETARY, ASST, APPROVED AS TO FORM: Lawrence W. Jackson CITY ATTORNEY BDGAMEND.ORD