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HomeMy WebLinkAbout97-3135BUDGET ADOPTION ORDINANCE NO. 97-3135 AN ORDINANCE ADOPTING AND APPROVING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1997, AND TERMINATING SEPTEMBER 30, 1998, AND MAKING SUCH APPROPRIATIONS FOR EACH DEPARTMENT, PROJECT AND ACCOUNT. Be it ordained by the City Council of the City of Plainview, Texas: SECTION I. Subject to the applicable provisions of the State Law and City Charter, the Budget for the fiscal year beginning October 1, 1997 and terminating September 30, 1998, as filed and submitted by the City Manager, and adjusted by the City Council, containing estimates of resources and revenues for the year from all of the various sources, and the projects, operations, activities and purchases proposed to be undertaken during the year, together with the estimated costs thereof, and estimates amounts of all other proposed expenditures is hereby approved and adopted as specified therein at the fund level. SECTION II. There is hereby appropriated from the funds indicated and for such purposes respectively, such sums of money as may be required for the accomplishment of each of the projects, operations, activities, for all such purposes proposed for any department, the total amount of the estimated costs of the projects, operations, activities, purchase and other expenditures proposed for such fund level. SECTION IlL In addition to funds budgeted in the full Budget document identified as "Exhibit A," there is hereby appropriated from General Fund reserves the funds indicated for the following capital improvement projects. Transfer from General Fund to Capital Improvement Fund for: (a) Construction of Fire Station $ 750,000 (b) Construction of Municipal Court Building 250,000 Transfer from General Fund to Street Improvement Fund for: (c) Street construction and repair 950,000 Total from General Fund reserves $ 1,950,000 I of 2 SECTION IV. In addition to funds budgeted in the full Budget document identified as "Exhibit A," there is hereby appropriated from the Water & Sewer Fund reserves the funds indicated for the following capital improvements projects. (a) Construction update of water production plant and water distribution main system $ 2,000,000 Total from Water & Sewer Fund reserves $ 2,000,000 PASSED AND APPROVED on this 23rd day of September, 1997. ATTEST: Lloyd C. Woods, Mayor Karen McBeth, City Secretary APPROVED AS TO CONTENT: Norman Hugg'~~of Finance APPROVED AS TO FORM: Wally Hatgl~, City Attorney 2 of 2