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Ordinance 1986-85 APPROPRIATION ORDINANCE NO. ~6 ~~~ AN ORDINANCE ADOPTING A BUDGET FOR THE ENSUING FISCAL YEAR BEGINNING OCTOBER 1, 1986 AND ENDING SEPTEMBER 3~, 1987 IN ACCORDANCE WITH THE CHARTER OF THE CITY OF WYLIE, APPROPRIATING THE VARIOUS AMOUNTS THEREOF,AND REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT THEREWITH; PROVIDING FOR PUBLIC HEARINGS; PROVIDING FOR PUBLICATION OF THIS ORDINANCE AND FOR AN EFFECTIVE DATE THEREOF. WHEREAS, the City Manager of the City of Wylie has submitted to the City Council a proposed budget of the revenues of said City and the expenditures/expenses of conducting the affairs thereof and providing a complete financial plan for 1986-87 and which said proposed budget has been compiled from detailed information obtained from the several departments, division, and offices of the City; and, WHEREAS, the City Council has received said City Manager's proposed budget, a copy of which proposed budget has been filed with the City Secretary of the City of Wylie. NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS: SECTION 1. That the proposed budget of the revenue of the City of Wylie and the expenses of conducting the affairs thereof, providing a complete financial plan for the ensuing fiscal year beginning October 1, 1986 and ending September 30, 1987, as submitted to the City Council by the City Manager of said City, be, and the same is in all things adopted and approved as the budget of all current expenditures/expenses. SECTION 2. That the sum of $2,252,500 is hereby appropriated out of the General Fund for the payment of operation expenditures and capital outlay of the City Government as established in the approved Budget Document. SECTION 3. That the sum of $97,500 is hereby appropriated out of the General Obligation Debt Service Fund for the purpose of paying the principal and interest due on general obligation bonds, certificates of obligation and creating a sinking fund therefor. SECTION 4. That the sum of $902,940 is hereby appropriated out of the water and sewer revenues for the purpose of paying Utility Fund operating expenses and capital outlay for the operation thereof as established in the approved Budget Document. SECTION 5. That the sum of $97,060 is hereby appropriated out of the utility Debt Fund for the purpose of paying interest and principal requirements on water and sewer revenue bonds. SECTION 6. That the sum of $250.00 is hereby appropriated out of the Revenue Sharing Fund for the purposes as established in the approved Budget Document. SECTION 7. That the sum of $235,000 is hereby appropriated out of the Lift Station Fund for the purposes as established in the approved Budget Document. SECTION 8. That the sum of $540,000 is hereby appropriated out of the Impact Fund for the purpose of constructing permanent utility system improvements, planning and other related costs. 1 SECTION 9. That the sum of $200,000 is hereby appropriated out of the Sanitation Fund for the purpose of paying operating expenses and capital outlay for the operation thereof as established in the approved Budget Document. SECTION 10. That the sum of $1,800,000 is appropriated out of the Municipal Complex Construction Fund for the purpose of constructing and equipping a municipal building complex and other related costs. SECTION 11. That specific authority is hereby given to the City Manager to transfer appropriations budgeted from one account classification or activity to another within any individual department or activity. SECTION 12. That ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 13. That this ordinance shall be and force and effect from and after its final publication as herein provided. remain in passage full and SECTION 14. That a public meeting was held before the City Council as a Committee as a whole on September 9, 1986 and that due notice of said public hearing was published one time in a newspaper having general circulation in the City of Wylie, Texas at such public hearing, said proposed budget was fully considered and interested taxpayers were heard by the City Council. PASSED, APPROVED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF WYLIE, COLLIN COUNTY, TEXAS ON THE 23RD DAY OF SEPTEMBER 1986 AT A MEETING, OPEN TO THE PUBLIC, AFTER NOTICE THEREOF BEING GIVEN AS REQUIRED BY LAW. DULY APPROVED BY THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS ON SEPTEMBER 23, 1986. ATTEST: 2