HomeMy WebLinkAboutORD 1999-127 ORDINANCE NO. 99-127
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS ADOPTING THE BUDGET FOR THE
CITY OF GRAPEVINE, TEXAS FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 1999 AND ENDING SEPTEMBER
30, 2000; PROVIDING FOR INTRA- AND INTER-
DEPARTMENTAL FUND TRANSFERS; PROVIDING FOR
INVESTMENT OF CERTAIN FUNDS; DECLARING AN
EMERGENCY; AND PROVIDING AN EFFECTIVE DATE
WHEREAS, notice of a public hearing on the budget for the City of Grapevine,
Texas for the fiscal year 1999-2000 (FY 2000) was heretofore published in accordance
with law; and
WHEREAS, a public hearing was duly held and all interested persons were given
an opportunity to be heard for or against any item therein.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
���� GRAPEVINE, TEXAS;
Section 1. That the appropriation amounts for the FY 1999-2000 budget for the
different funds of the City of Grapevine are hereby fixed as follows:
General Fund $32,525,610
Utility Fund 14,336,184
Debt Service Fund 7,262,787
Convention & Visitors Bureau Fund 4,617,085
Lake Enterprise Fund 2,176,862
Insurance Fund 2,922,813
Fleet Services Fund 883,230
LeaselTechnology Fund 5,659,904
General Government Capital Projects Fund 14,305,114
Permanent Street Maintenance Fund 825,000
Permanent Capital Maintenance Fund - General 324,737
Utility & Lake Enterprise Capital Projects Fund 7,979,154
Utility Permanent Capital Maintenance Fund 500,000
Lake Enterprise Permanent Capital Maintenance Fund 66,000
Stormwater Drainage Utility Fund 690,311
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Section 2. That the City Council hereby adopts the revised budget for the fiscal
year ending September 30, 1999, as stated in the proposed Annual Operating Budget for
the fiscal year ended September 30, 2000 and appropriates the funds contained therein.
Section 3. That a copy of the official adopted 1999-2000 budget document shall
be kept on file in the office of the City Secretary and the Grapevine Public Library.
Section 4. That the City Manager be and is hereby authorized to make intra- and
inter-departmental fund transfers during the fiscal year as becomes necessary in order to
avoid over-expenditure of a particular object code. ,
Section 5. That the City Manager is authorized to approve expenditures up to
$15,000. Any expenditure over the $15,000 limit requires the approval of the City Council.
Each expenditure authorized by the City Manager in Account 100-44701-120-1 in FY 1999
and FY 2000 is approved.
Section 6. That the City Manager is authorized to reclassify positions within city
service as warranted.
Section 7. That the City Manager, and/or Assistant City Manager and/or Director
� of Administrative Services and/or Finance Manager is authorized to invest any funds not
needed for current use, whether operating funds or bond funds in the United States
Treasury Bills, Certificates of Deposit, Savings Accounts, Time Deposits, Open Accounts
in Official City Depositories, or any other investment instrument authorized by the City's
Investment Policy and Investment Strategy and allowed by the Texas Public Funds
Investment Act of 1987.
Section 8. The fact that the fiscal year begins on October 1, 1999 requires that
this ordinance be effective upon its passage and adopted to preserve the public peace,
property, health, and safety and shall be in full force and effect from and after its passage
and adoption, and emergency is hereby declared.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE rITY OF
GRAPEVINE, TEXAS on this the 14th day of September, 1999.
APPROVED:
�William D. Tate
" ' Mayor
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ORD. NO. 99-127 2
ATTEST:
�
Li a Huff
City Secretary
APPROVED AS TO FORM:
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John F. Boyle, Jr. `
City Attorney
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"��" ORD. NO. 99-127 3