HomeMy WebLinkAboutOrdinances (O-06-1577)-06/20/2006
ORDINANCE 0-06-1577
AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR FISCAL YEAR 2007 FOR
THE COLLEYVILLE CRIME CONTROL AND PREVENTION DISTRICT, FOR THE
FISCAL YEAR BEGINNING OCTOBER 1, 2006 THROUGH SEPTEMBER 30,2007, 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 that an annual budget be adopted
by the Board of Directors of the Colleyville Crime Control and Prevention
District to adopt a budget; and
WHEREAS, the laws require that the budget includes 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 6, 2006, the Board of Directors of the Colleyville Crime Control
and Prevention District approved the following budget.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
COLLEYVILLE, TEXAS:
Sec. 1.
THAT the budget for the fiscal year beginning October 1, 2006 and ending
September 30, 2007 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, TX, as the
official budget for the fiscal year beginning October 1, 2006 and that the
City Manager is authorized to execute all contracts and agreements
approved as a part of the budget.
Sec. 2.
THAT the Fiscal Year 2007 budget amounts for the Colleyville Crime
Control and Prevention District with a sales and use tax rate of .5% are as
follows:
Projected Revenue Received
in Fiscal Year 2006
$ 935,950
Projected Cash on Hand
as of October 1, 2006
$ 649,057
Revenues
$1,042,956
$ 834,652
Expenditures
Ending Fund Balance
at September 30,2007
$ 787,029
Ordinance 0-06-1577
Page 2 of 2
AND IT IS SO ORDERED,
The . t reading and public hearing being conducted on the
2006.
? >Z day of
T~~~~ reading and public hearing being conducted on lhe ~ 5i'
~ 2006.
day of
CITY OF COLLEYVILLE
Cynthia Singleton, TRMC, CMC
City Secretary
tfj~+Qgt~ ~
David Kelly r
Mayor
APPROVED AS TO FORM AND LEGALITY:
~~.~
Matthew C. G. Boyle
City Attorney