HomeMy WebLinkAboutORD 08-064 ORDINANCE NO. 08-064
ENTITLED AN ORDINANCE AMENDING THE FISCAL
BUDGET OF THE CITY OF BEAUMONT FOR THE FISCAL
YEAR 2008 TO TRANSFER $6,300,000 FROM THE
GENERAL FUND TO THE CAPITAL RESERVE FUND, THE
MUNICIPAL TRANSIT FUND, AND THE STREET
IMPROVEMENT FUND; PROVIDING FOR SEVERABILITY;
AND PROVIDING FOR REPEAL.
BE IT ORDAINED BY THE CITY OF BEAUMONT:
Section 1.
THAT the Fiscal Budget of the City of Beaumont for the period commencing October 1,
2007, through September 30, 2008, be and the same is hereby amended to appropriate
and transfer the sum of $6,300,000 from the fund balance in the General Fund to the
Capital Reserve Fund, the Municipal Transit Fund, and the Street Improvement Fund as
shown below:
Transfer To: Proposed Amendment
Capital Reserve Fund $ 3,000,000
Municipal Transit Fund 300,000
Street Improvement Fund 3,000,000
Total General Fund Amendment $ 6,300,000
Section 2.
That if any section, subsection, sentence, clause or phrase of this ordinance, or the
application of same to a particular set of persons or circumstances, should for any reason
be held to be invalid, such invalidity shall not affect the remaining portions of this
ordinance, and to such end the various portions and provisions of this ordinance are
declared to be severable.
Section 3.
That all ordinances or parts of ordinances in conflict herewith are repealed to the
extent of the conflict only.
PASSED BY THE CITY COUNCIL of the City of Beaumont this the 12th day of
August, 2008.
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