Ordinance 1977-16
ORDINANCE NUMBER 77-16
AN ORDINANCE ADOPTING A BUDGET APPROPRIATING RESOURSES FOR THE BUDGET YEAR BEGINNING
OCTOBER Is 1977.
BE IT ORDAINED THE CITY COUNCIL OF THE CITY OF WYLIE, TEXAS;
SECTION 1: That the budget estimate of the revenues and expenditures for the City
of Wylie, Texas as prepared by the City Manager and appropriated by the City Council
for the fiscal year beginning October 1, 1977 and ending September 30, 1978s be
hereby adopted and approved as the budget for such fiscal year;
SECTION 2: That the sum of Two Hundred Ninty Thousand Two Hundred Forty-Two
($290,242) Dollars is hereby appropriated out of the General Fund Revenues for pay-
ment of operating expenses and capital outlay of the city government, as set forth
in detail in the budget;
SECTION 3: That the sum of Eighteen Thousand Four Hundred Seventy-Nine ($18s479)
Dollars is hereby appropriated out of the General Obligation Interest & Sinking Tax
Bond Revenues for the purpose of paying the accuring interest and redeeming bonds
as they mature during the fiscal year of the General Debt Service as listed in detail
in the budget;
SECTION 4: That the sum of One Hundred Fifty-Three Thousand Three Hundred Eighty-
Eight ($153,388) Dollars is hereby appropriated out of the Water and Sewer Utility
Fund Revenues for the payment of Operating expenses and capital outlay of the city
government, as set forth in detail in the revised budget;
SECTION 5: That the sum of Forty-One Thousand Nine Hundred Thirty-Four ($41s934)
is hereby appropriated out of the Water and Sewer Utility Fund Revenues for the
purpose of paying the principle and interest on Revenue Bonds, Warrants and Interest,
Bonds and Bank Feess as they mature during the year on the detail in the budgetf
SECTION 6: That the sum of Six Thousand Three Hundred ($6,300) Dollars is hereby
appropriated out of the Water and Sewer Utility Fund Revenues for the purpose of
paying principle and interest on tax and Revenue Bonds, Warrants and Interest, Bonds
and Bank Fees, as they mature during the year on the Utility Debt Service as list~d
i~ thp budget;
SECTION 7: That the sum of Twenty-Nine Thousand Six Hundred Thirty-One ($29,631)
Dollars is hereby appropriated out of the Revenue Sharing Fund for the purpose of
Operating Expenses and Capital Outlay of the city government, as set in detail in
the revised budget;
SECTION 8: That this Ordinance be in full force and effect from and after its
adopti on~.
Passed And Approved This 12th. day of September, 1977.
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William E. Martins Mayor
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