HomeMy WebLinkAboutOrdinances (O-24-2293)-09/17/2024ORDINANCE 0-24-2293
AN ORDINANCE APPROVING AND ADOPTING THE ANNUAL BUDGET
FOR THE CITY OF COLLEYVILLE, TEXAS, FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2024 THROUGH SEPTEMBER 30, 2025
THIS BUDGET WILL RAISE MORE TOTAL PROPERTY TAXES THAN
LAST YEAR'S BUDGET BY $1,237,734 OR 7.00%, AND OF THAT
AMOUNT, $262,727 IS TAX REVENUE TO BE RAISED FROM NEW
PROPERTY ADDED TO THE TAX ROLL THIS YEAR.
WHEREAS, a notice of public hearing on the annual budget for the City
of Colleyville, Texas, for the fiscal year beginning October 1,
2024 through September 30, 2025, was heretofore published
in a newspaper of general circulation; and
WHEREAS, said public hearing on said budget was duly held and all
interested persons were given the opportunity to be heard
for or against any item therein; 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 of the proposed expenditures for the fiscal
year beginning October 1, 2024, and ending September 30,
2025, a copy of which is on file in the Office of the City
Secretary, is hereby made apart 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, 2024, and ending September 30,
2025.
Sec. 3. THAT appropriation amounts for the Fiscal Year 2025 budget
for the different funds of the City of Colleyville are hereby fixed
as follows:
Ordinance 0-24-2293
Page 2 of 2
Budget Category
FY 2025
General Fund Operating
$ 27,858,385
Utility Fund Operating
23,908,883
Capital Improvement Projects
22,434 494
Drainage Operating
761,805
CEDC Operating
2,632 985
CCCPD Operating
3,275,045
Hotel Tax Operating
285,827
Debt Service
1,540,894
Special Revenue Operating
315,732
Total Budget
$ 83 014 050
Sec. 4. THAT the City Manager is hereby authorized to execute all
contracts and documents for which funding is appropriated in
the aforementioned budgets.
AND IT IS SO ORDERED.
The first reading and public hearing being conducted on the 4th day of
September 2024.
The second reading and public hearing being conducted on the 17th day of
September 2024.
APPROVED BY A VOTE OF 7 AYES, 0 NAYS, ON THIS THE 17TH DAY OF
AUGUST 2024.
Mayor Bobby Lindamood Aye Mark Alphonso, Place 2 Aye
Mayor Pro Tern Brandi Elder Aye Ben Graves, Place 4 Aye
Deputy Mayor Pro Tern Scotty Richardson Aye Tim Raine, Place 6 AYE
Kimberly Holt Gunderson, Place 5 Aye
ATTEST:
�\G
Christine Loven, TRMC
City Secretary
APPROVED AS TO FORM:
Whitt Vyatt
City Attorney
CITY OF COLLEYVILLE
*BobbLi amood
Mayor