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HomeMy WebLinkAboutOrdinances (O-09-1721)-07/07/2009ORDINANCE 0-09-1721 AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR FISCAL YEAR 2010 FOR THE COLLEYVILLE CRIME CONTROL AND PREVENTION DISTRICT, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2009 THROUGH SEPTEMBER 30, 2010, 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, 2009, 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, 2009 and ending September 30, 2010 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, 2009 and ending September 30, 2010 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, 2009, and ending September 30, 2010, 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 2009 $1,329,529 Ordinance 0-09-1721 Page 2 of 2 Projected Cash on Hand as of October 1, 2009 $ 822,911 Revenues Expenditures $1,326,725 $1,127,460 Ending Fund Balance at September 30, 2010 $ 727,951 '; ~' AND IT IS SO ORDERED. ,The first reading and public hearing being conducted on the /~~'7 day of 2009. of da n ublic hearin bein conducted on the The sec nd readin a d ~ Y 9 p 9 9 2009. ;~ I. ATTEST: ' -~~~ ~! Cynthia ingleton, TRMC, CMC 1, City Secretary APPROVED AS TO FORM AND LEGALITY: CITY OF COLLEYVILLE: David Kelly Mayor Matthew C.G. Boyle City Attorney