Ordinance 1985-54
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f.'iN ORDINANCE ADOPTING A BUDGET AND f.'iPPROPRIATING RESOURCES
FOR THE BUDGET YEf.'iR BEGINNING OCTOBER 1, 1985.
BE IT ORDf.'iINED BY THE CITY COUNCIL OF THE CITY OF WYLIE,
TE:X:?~f; ,
SECTION 1. That the budget estimate of the revenues and
expenditures for the City of Wylie, Texas, as prepared by
the Finance Director and City Manager and appropriated by
the City Council for the fiscal year beginning October 1,
1985, and ending September 30, 1986, be hereby adopted and
approved as the budget for such fiscal year;
SECTION 2. That the sum of Two Million Twenty Thousand
Dollars ($2,020,000.00) is hereby appropriated out of the
General Fund Revenues for payment of Operating Expenses and
Capital Outlay of the City Government, as set forth in
detail in the budget;
SECTION~. That the sum of Nineteen Thousand Six Hundred
Dollars ($19,600.00), is hereby appropriated out of the
General Obligation Interest & Sinking Tax Bond Revenues for
the purpose of paying the accruing 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 Eight Hundred Twenty-Seven
Thousand, One Hundred Fifty Dollars ($827,150.00) is hereby
appropriated out of the Water and Sewer Utility Fund
Revenues for the purpose of paying principle and interest on
Revenue Bonds, Warrants and Interest, Bonds and Bank Fees,
as they mature during the year as set forth in detail in the
bud(.)E>t ;i
SECTION 6. That this Ordinance be in full force and effect
from and after its adoption.
PASSED f.'iND APPROVED THIS THE 10TH DAY OF SEPTEMBER, 1985.
I\~EST' . rJ
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Laro~one_. CIty Secretary
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