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HomeMy WebLinkAboutOrdinances (O-14-1918)-07/01/2014ORDINANCE 0-14-1918 ADOPTING AN ANNUAL BUDGET FOR FISCAL YEAR 2015 FOR THE COLLEYVILLE CRIME CONTROL AND PREVENTION DISTRICT, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2014 THROUGH SEPTEMBER 30, 2015, A COPY OF SAME BEING ON FILE IN THE OFFICE OF THE CITYSECRETARY, TO BECOME EFFECTIVE UPON PASSAGE BYTHE CITY COUNCIL WHEREAS, the laws of the State of Texas require the Board of Directors of the Colleyville Crime Control and Prevention District to adopt a budget of projected revenues and proposed expenditures, cash on hand at the start of the year, the amount of money received during the prior year, the tax rate, and the projected ending fund balance; and WHEREAS, on June 17, 2014, the Board of Directors of the Colleyville Crime Control and Prevention District approved the following budget; and WHEREAS, all statutory and constitutional requirements for the passage of this Ordinance have been adhered to, including but not limited to the Open Meetings Act; and WHEREAS, the City Council determines that the passage of this Ordinance is in the best interests of the health, safety, and welfare of the public. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Sec. 1. THAT all matters stated hereinabove are found to be true and correct and are incorporated herein by reference as if copied in their entirety. Sec. 2. THAT the budget for the fiscal year beginning October 1, 2014 and ending September 30, 2015 for the Colleyville Crime Control and Prevention District, a copy of which is on file in the office of the City Secretary, is hereby made a part of this Ordinance by reference and is hereby approved and adopted by the City Council of the City of Colleyville, Texas, as the official budget for the fiscal year beginning October 1, 2014 and ending September 30, 2015 and that the City Manager is authorized to execute all contracts and agreements approved as a part of the budget. Ordinance 0-14-1918 Page 2 of 2 Sec. 3. THAT the budget of the fiscal year beginning October 1, 2014, and ending September 30, 2015, for the Colleyville Crime Control and Prevention District with a sales and use tax rate of .5%, is hereby fixed as follows: Projected Revenue Received in Fiscal Year 2014 Projected Cash on Hand as of October 1, 2014 Revenues Expenditures Ending Fund Balance at September 30, 2015 AND IT IS SO ORDERED. $ 1,536,712 $ 1,256,369 $ 1,639,300 $ 1,438,906 $ 1,232,463 The first reading and public hearing being conducted on the 17th day of June 2014. The second reading and public hearing being conducted on the ist day of July 2014. PASSED AND APPROVED by the City Council of the City of Colleyville, Texas, �n this the 1� day of 2014. ATTEST: CITY OF COLLEYVILLE Amy'�helley, " City Secretary � ���--�� C David Kelly � Mayor APPROVED AS TO FORM AND LEGALITY: �� �� :�. �.. Matthew C.G. Boyle City Attorney