HomeMy WebLinkAboutOrdinances (O-08-1686)-07/01/2008ORDINANCE 0-08-1686
AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR FISCAL YEAR 2009 FOR THE
COLLEYVILLE CRIME CONTROL AND PREVENTION DISTRICT, FOR THE FISCAL
YEAR BEGINNING OCTOBER 1, 2008 THROUGH SEPTEMBER 30, 2009, 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 17, 2008, 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
Meeting 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, 2008 and ending
September 30, 2009 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, 2008 and ending September 30, 2009 and
that the City Manager is authorized to execute all contracts and agreements
approved as a part of the budget.
Sec. 3. THAT the budget of the fiscal year beginning October 1, 2008, and ending
September 30, 2009, 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 2008 $1,259,391
Ordinance 0-08-1686
Page 2 of 2
Projected Cash on Hand
as of October 1, 2008 $ 889,044
Revenues $1,404,529
Expenditures $1,203,441
Ending Fund Balance
at September 30, 2009 $ 760,729
AND IT IS SO ORDERED.
The first reading and public hearing being conducted on the /~'~ day of
2008.
The second reading and public hearing being conducted on the / `sue day of
2008.
ATTEST:
Cynthia Singleton, TRMC, CMC
City Secretary
CITY OF COLLEYVILLE:
~.~ ,-
David Kelly
Mayor
APPROVED AS TO FORM AND LEGALITY:
Matthew C.G. Boyle
City Attorney