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HomeMy WebLinkAboutORD 78-98Mw'A ENTITLED AN ORDINANCE REFERRED TO AS THE "ANNUAL APPROPRIATION ORDINANCE" ADOPTING A BUDGET FOR THE ENSUING FISCAL PERIOD BEGINNING OCTOBER 1, 1978, AND ENDING SEPTEMBER 30, 1979, IN ACCORDANCE WITH THE CHA=R OF THE CITY OF BEAUMONT, AP- PORTIONING'THE FUNDS OF THE CITY OF BEAUMONT; PROVIDING FOR LINE -ITEM TRANS- FERS; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT HEREWITH; AND PROVIDING FOR SEVERABILITY. WHEREAS, the.City Manager of the City of Beaumont submitted to the City Council a budget estimate of the revenues of said City and expenses of conducting the affairs thereof for the ensuing fiscal period beginning October 1, 1978, and ending September 30, 1979; and, WHEREAS, as a result of a public hearing and the desires of the City Council, changes have been made in said budget as submitted by the City Manager; and, WHEREAS, after notices and.public hearings held in accordance with the requirements of the charter of the City of Beaumont, the City Council is of the opinion that the budget as attached hereto as Exhibit "A' should be adopted; NOW, THEREFORE, BE IT ORDAINED I�•ilY.l�•�YM' • lu.•;�,Y Gari nn 1 THAT the budget estimate submitted attached hereto as Exhibit "A" and made a part hereof for all purposes is hereby adopted and approved as the budget of all the correct expenses as well as the fixed charges against said City for the fiscal period beginning the lst day of October, 1978, and ending the 30th day of September, 1979, and the several amounts stated therein as proposed expenditures shall be and became appropriated to the several objects and purposes therein named. Notices given as required for the adoption of said budget are hereby ratified. Section 2. That there is hereby appropriated out of the General Fund the sum of $28,259,500. Section 3. That there is hereby appropriated out of the Water Works Department Revenue Fund the sum of $4,174,700. That there is hereby appropriated out of the Sewer Fund the sum of $2,681,200. That there is hereby appropriated out of the Fleet Replacement Fund the sum of $900,000. That there is hereby appropriated from the Trust & Agency Funds the sum of $286,535. mat there is hereby appropriated out of the General Debt Service Fund the sum of $4,446,109 for the purpose of paying the accrued interest on bonds and redeeming same as they mature. That there is hereby appropriated out .of the Transit Fund the sum of $778,300 for the purpose of operating expenses. That there is hereby appropriated out of the Water Revenue Debt Service Fund the sum of $664,650. Section 10. That there is hereby appropriated out of the Revenue Sharing Fund the sum of $1,592,300. The City Manager is hereby authorized to transfer budgeted funds from one line -item to another line -item within any one department or within any one activity. That all ordinances and parts of ordinances in conflict herewith are hereby repealed. -2- 9 Section 13. 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 in no wise affect the remaining portions of this ordinance, and to such end the provisions of this ordinance are declared to be severable. PASSED BY THE CITY COUNCIL of the City of Beaumont this the day of yc'�.�.� 1978. -3-