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HomeMy WebLinkAboutOrdinances (O-99-1168)-08/03/1999 ORDINANCE 0-99-1168 AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR FISCAL YEAR 2000 FOR THE COLLEYVILLE CRIME CONTROL AND PREVENTION DISTRICT, FOR THE FISCAL YEAR BEGINNING OCTOBER 1,1999 THROUGH SEPTEMBER 30,2000, 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 expenditu res, 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 22, 1999 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 COLLEYVI LLE, TEXAS: Sec. 1. THAT the budget for the fiscal year beginn ing October 1, 1999 and ending September 30, 1999 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, 1999 and ending Septem ber 30, 2000 Sec. 2. THAT the budget of the fiscal year beginning October 1, 1999, and ending September 30, 2000 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 1999 $ 89,791 Projected Cash on Hand as of October 1, 1999 $ 848 Revenues $1,017,160 Expenditu res $ 805,697 Ending Fund Balance at September 30, 2000 $ 212,311 AND IT IS SO ORDERED. The first Reading and Public Hearing being conducted on July 20, 1999. The second Reading and Public Hearing being conducted on August 3, 1999. ATTEST: APPROVED: DI(~~ Mayor AS TO FORM AND LEGALITY: T Ross T. oster City Attorney