HomeMy WebLinkAboutORD 09.12.1966 - Adopting Budget for 1966/196732
APPROPRIATION ORDINANCE
AN .ORDINANCE ADOPTING A BUDGET FOR THE ENSUING FISCAL YEAR
BEGINNING SEPTEMBER 1, 1966, AND ENDING AUGUST 31, 1967, IN
ACCORDANCE WITH ARTICLE 689-A-13 OF THE REVISED CIVIL STATUES
OF TEXAS FOR THE CITY OF GEORGETOWN, TEXAS, APPROPRIATING THE
VARIOUS AMOUNTS THEREOF AND REPEALING ALL ORDINANCES OR PARTS
OF ORDINANCES IN CONFLICT THEREWITH.
WHEREAS, the City Manager of the City of Georgetown has submitted to
the City Council a proposed budget of the revenues of said City and the ex-
penses of conducting the affairs thereof and providing a complete financial
plan for the ensuing fiscal year, beginning September 1, 1966, and ending
August 31, 1967, and which said proposed budget has been compiled from detail-
ed information obtained from the several departments and offices of the City:
and
WHEREAS, the City Council has received said City Manager's proposed
budget, a copy of which proposed budget and all supporting schedules have
been filed with the City Secretary of the City of Georgetown, and is of the
opinion that the same should be approved and adopted.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
GEORGETOWN:
Section 1: That the proposed budget of the revenues of the City of
Georgetown and expenses of conducting the affairs thereof, providing a
financial plan for the ensuing fiscal year beginning September 1, 1966,
and ending August 31, 1967, as submitted to the City Council by the City
Manager of said City, be, and the same is in all things adopted and approved
as the budget of the current expenses as well as the fixed charges against
said City for the fiscal year begisming September 1, 1966, and ending August
31, 1967.
Section 2: That the sum of $184,915.00 is hereby appropriated out of
the General Fund for the payment of operating expenses and capital outlay of
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the City Government as hereinafter itemized:
300 General Government
37,605.00
400 Public Safety
50,240.00
500 Public Works
852410.00
600 Airport
1,960.00
700 Health
5,445.00
800 Miscellaneous
4,255.00
$1841915.00
Section 3: That the sum of
$6,369.00 is hereby appropriated out of the
General Debt Service for the purpose of paying the interest due on general
obligation bonds, and creating a
sinking fund, as hereinafter itemized, to -wit:
Principal
'$ 5,000.00
Interest
1,369.00
$ 6,369.00
Section 4: That the sum of
$522,999.00 is hereby appropriated out
Qj
of the Utility°Fund for the payment of operating expenses and capital outlay
of the City Government as hereinafter itemized:
1200 Administration
44,255.00
L�
1300 Inspection
4,480.00
1400 Electric
198,945.00
1500 Water production
26,495.00
1600 Water Distribution
28,175.00
1700 Sewer Distribution
30,345.00
1800 Sewer Treatment
6,945.00
1900 Sanitation
30,450.00
2000 Debt Service
54,270.00
2100 Transfer 98, 640.00
Section 5: That the sum of $54,270.00 is hereby appropriated out orf
the Utility Fund for the purpose of paying the accrued interest and making
the principal payments as the same matrue on the utility system revenue
bonds, and creating the prescribed contingent and reserve funds therefor:
Principal 30,000.00
Interest 24,270.00
54,270.00
Section 6: All ordinances or parts of ordinances in conflict herewith
are hereby repealed.
Section 7: This ordinance shall be and remain in full force and effect
from and after its passage and approval by the City Council of the City of
Georgetown.
READ, ADOPTED AND APPROVED by the ty Council at a regular meeting
held at the City Hall in the City of Ge rgetown, this 12th daySeptember,
1966.
C./S1oan '!Mayor
ATTEST:
f 4- r —
laud ads, Secre f
arc
APPROVED AS TO FORM:
Joe B. McMaster, City Attorney