HomeMy WebLinkAboutORD 72-33APPROPRIATION ORDINANCE
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AN ORDINANCE ENTITLED THE P1ANNUAL APPROPRIATION
ORDINANCE" ADOPTING A BUDGET FOR THE ENSUING
FISCAL PERIOD BEGINNING JULY 1, 1972, AND END-
ING SEPTEMBER 30, 1972, IN ACCORDANCE WITH THE
CHARTER OF THE CITY OF BEAUMONT; APPORTIONING
THE FUNDS OF THE CITY OF BEAUMONT; REPEALING ALL
ORDINANCES OR PARTS OF ORDINANCES IN CONFLICT
HEREWITH.
WHEREAS, the City Manager of The City of Beaumont sub-
mitted to the City Council a budget estimate of the revenues
of said City and the expenses of conducting the affairs thereof
for the ensuing fiscal period beginning July 1, 1972, and
ending September 30,1972; 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 said budget
estimate should be approved and adopted as required by the
Charter of The City of Beaumont;
NOW, THEREFORE, BE IT ORDAINED BY THE
CITY OF BEAUMONT, TEXAS:
Section 1.
That the budget estimate submitted to the City Council
by the City Manager is hereby adopted and approved as the budget
estimate of all of the current expenses as well as the fixed
charges against said City for the fiscal period beginning the
1st day of July, 1972, and ending the 30th day of September,
1972.
Section 2.
That there is hereby appropriated out of the General
Fund the sum of $3,190,718 for the following purposes:
D -7-Z-33 la - a7 7-;2- l%
Operations ........................... $ 2,702,389
Capital Outlay and Equipment
Replacement ........................ 453,329
Contingency 35,000
Total $ 3,190,718
Section 3.
. That there is hereby appropriated out of the Water Works
Revenue Fund the sum of $581,055 for the following purposes:
Operations ........................... $ 287,989
Debt Service 1683-823
Payment to General Fund .............. 1203,000
Property Owner Refunds ............... 4,243
Total $ 581,055
Section 4.
That there is hereby appropriated out of the Sewer Fund
the sum of $332,083 for the following purposes:
(a) Sewer Revenue Fund:
Operations ...................... $ 151,714
Payment to Interest and
Sinking Fund .................. 102,667
Payment to General Fund ......... 705000
Property Owner Refunds .......... 7,702
Total $ 332,083
Section 5.
That there is hereby appropriated from the following
Special Funds the sums indicated for the purposes stated:
(a) Temperance Hall Fund:
Temperance Union ................ $ 195
Beaumont Council on
Alcoholism .................... 494
Tyrrell Library ................. 100
Total $ 789
(b) Hotel -Motel Tax
Tourist Convention Bureau ....... $ 12,512
Collection Fee 950
Total $ 13,462
Section 6.
That there is.hereby appropriated from the following
Bond Funds the sums indicated for the purposes stated:
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(a) Capital Improvement General
Obligation Bonds
Projects ......................... $ 9003,000
(b) Capital Improvement
Revenue Bonds
Projects ......... 600,000
(c) Sewage Treatment Project
WPC -Tex -698
Project .......................... 230,000
Total $ 1,730,000
Section 7.
That there is hereby appropriated out of the General Debt
Service Fund the sum of $672,451 for the purpose of paying the
accrued interest on bonds and redeeming same as they mature;
Bond Interest Requirements ............ $ 424,951
Bond Maturities ....................... 2471000
Bank Exchange Charges ................. 500
Total $ 672,451
Section 8.
That there is hereby appropriated from the following
Governmental -transfers the sums indicated for the purposes
stated;
(a) C. J. C. Grant 1-D3-605
Projects ......................... $ 1,400
(b) C. J. C. Grant 1-L1-885
Project 38,000
(c) E. E. A. Grant
Personnel 53 000
Total $ 92,400
Section 9.
All ordinances or parts of ordinances in conflict here-
with are hereby repealed.
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PASSED by the City Council this theay of
1972.
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