HomeMy WebLinkAboutOrdinances (ORDINANCE O-17-2018)-08/01/2017 ORDINANCE 0-17-2018
AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR FISCAL YEAR
2018 FOR THE COLLEYVILLE CRIME CONTROL AND PREVENTION
DISTRICT, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2017
THROUGH SEPTEMBER 30, 2018, 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 July 11, 2017, the Board of Directors of the Colleyville Crime
Control and Prevention District approved the following budget;
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 the budget for the fiscal year beginning October 1, 2017
and ending September 30, 2018 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, 2017 and ending September
30, 2018 and that the City Manager is authorized to execute all
contracts and agreements approved as a part of the budget.
Sec. 2. THAT the budget of the fiscal year beginning October 1, 2017,
and ending September 30, 2018, for the Colleyville Crime
Control and Prevention District with a sales and use tax rate of
.5%, is hereby fixed as follows:
Ordinance 0-17-2018
Page 2 of 2
Projected Revenue Received
in Fiscal Year 2017 $ 1,948,470
Projected Cash on Hand
as of October 1, 2017 $ 1,438,234
Revenues $ 2,146,143
Expenditures $ 1,945,405
Ending Fund Balance
at September 30, 2018 $ 1,194,329
AND IT IS SO ORDERED.
The first reading and public hearing being conducted on the 18th day of July
2017.
The second reading and public hearing being conducted on the 1st day of
August 2017.
APPROVED BY A VOTE OF 1 AYES, 0 NAYS, AND D ABSTENTIONS ON
THIS THE 1ST DAY OF AUGUST 2017.
Mayor Richard Newton &wL Mayor Pro Tern Bobby Lindamood Ate
Place 1, Tammy Nakamura Alt Place 5, Nancy Coplen pate-
Place 3, Kathy Wheat 156iL Place 6, Mike Taylor Alr
Place 4, George Dodson fAc�t� 1
' ATTEST: CITY OF COLLEYVILLE
$1
A 7
.helley,W' MC Richard Newton
City Secretary Mayor
APPROV A T RM AND LEGALITY:
Whitt L. Wyatt
City Attorney