HomeMy WebLinkAboutOrdinances (ORDINANCE O-15-1958)-07/07/2015 ORDINANCE 0-15-1958
AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR FISCAL YEAR
2016 FOR THE COLLEYVILLE CRIME CONTROL AND PREVENTION
DISTRICT, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2015
THROUGH SEPTEMBER 30, 2016, A COPY OF SAME BEING ON FILE IN
THE OFFICE OF THE CITY SECRETARY, TO BECOME EFFECTIVE UPON
PASSAGE BY THE 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 16, 2015, 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, 2015
and ending September 30, 2016 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, 2015 and ending September
30, 2016 and that the City Manager is authorized to execute all
contracts and agreements approved as a part of the budget.
Ordinance 0-15-1958
Page 2 of 2
Sec. 3. THAT the budget of the fiscal year beginning October 1, 2015,
and ending September 30, 2016, 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 2015 $ 1,635,712
Projected Cash on Hand
as of October 1, 2015 $ 1,492,472
Revenues $ 1,915,384
Expenditures $ 1,715,287
Ending Fund Balance
at September 30, 2016 $ 1,308,487
AND IT IS SO ORDERED.
The first reading and public hearing being conducted on the 16th day of June
2015.
The second reading and public hearing being conducted on the 7st day of July
2015.
PASSED AND APPROVED by the City Council of the City of Colleyville, Texas,
on this the 14-1-1-4 day of 2015.
ATTEST: CITY OF COLLEYVILLE
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Am • Shelley, TRMC David Kelly I
City Secretary Mayor
APPROVED AS TO FORM AND LEGALITY:
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Matthew C.G. Boyle y 1
City Attorney