HomeMy WebLinkAboutRES 090914-M - Budget & Assess Village PIDWHEREAS, the City is required by State Law to approve the proposed budget and
related assessment for the Georgetown Village Public Improvement District #1 (PI D); and
WHEREAS, the assessment supports the service plan for the PID as previously
established.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
GEORGETOWN, TEXAS, THAT:
SECTION 1. The City Council of the City of Georgetown hereby approves the proposed
budget and assessment for the Georgetown Village Public Improvement District #1 to be
adopted and levied as required by State Law.
ATTEST:
Jess a rettle
CityJess'
APP OVED AS T
7,m
Bridget Chapmn
City Attorney
Resolution No. OIVIILI—V�
Description: 2014/15 Village PID Budget Resolution
Date Approved: September 09, 2014
Page 1 of 2
THE CITY OF GEORGETOWN:
Dale Ross
Mayor
Georgetown Village PID #1 Board 2015 Budget
.
August 11, 2014 Proposed
2015 Budget
Estimated Revenue (calculation from WCAD AV report)
$ 346,450
Expenditures
234-5-0211-51-110
Administrative Charges
8,333
234-5-0211.51-111
Office Supplies
1,732
234-5-0211-51-200
Insurance
6S0
234-5-0211-51-310
Contract & Leases, Primary Landscaping
75,410
234-5-0211-51-311
Contract & Leases, Secondary Landscaping
60,943
234-5-0211-51-330
Special Services
3,464
234-5-0211-51-341
Above Ground Improvements
78,991
234-5-0211-51-342
Signs
4,331
234-5-0211-51-430
Utilities
38,109
234-5-0211-51-501
Maintenance, Alleys/Sidewalks
31,180
234-5-0211-51-502
Maintenance, Irrigation
24,252
234-5-0211-51-503
Maintenance, Ponds
13,858
234-5-0211-51-504
Maintenance, Repairs
5,197
Total Estimated Annual Costs
346,450
Beginning Fund Balance- Info. Provided by City of Georgetown
288,433 [a]
Budget Deficit or Surplus
288,433
. . .
Resolution No.
Description: 2014/15 Village PID Budget Resolution
Date Approved: September 09, 2014
Page 2 of 2