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HomeMy WebLinkAboutOrdinances (O-02-1349)-07/16/2002 ORDINANCE 0-02-1349 . AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR FISCAL YEAR 2002 FOR THE COLLEYVILLE CRIME CONTROL AND PREVENTION DISTRICT, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2002 THROUGH SEPTEMBER 30, 2003, 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 I I on June 18, 2002, the Board of Directors of the Colleyville Crime Control and Prevention District approved the following budget. WHEREAS, 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, 2002 and ending September 30, 2003, 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, 2002, and ending September 30,2003. Sec. 2. THAT the budget of the fiscal year beginning October 1, 2002, and ending September 30, 2003, 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 2002 $890,290 Projected Cash on Hand as of October 1, 2002 $292,425 Revenues $906,398 $762,238 Expenditures Ending Fund Balance at September 30, 2003 $273,297 I I Ii Ordinance 0-02-1349 Page 2 of 2 AND IT IS SO ORDERED. The first reading and public hearing being conducted on the 1~ 2002. The a~eading and public hearing being conducted on the ~ 2002. ~A.IL day of It.:. ~ day of ATTEST: cJl~c:2fJ~ Cynthia Singleton, TRMC City Secretary CITY OF COLLEYVILLE: rj::;J(j~ . Donna Arp ~ v ? Mayor ~~'~.V..E..... D{~S TO FORM AND LEGALITY: 1~~{lJ&v Ross T. Foster City Attorney