AN ORDINANCE ADOPTING
A BUDGET FOR THE ENSUING FISCAL YEAR BEGINNING OCTOBER 1, 2005 AND
ENDING SEPTEMBER 30, 2006, IN ACCORDANCE WITH EXISTING STATUTORY REQUIREMENTS;
APPROPRIATING THE VARIOUS AMOUNTS HEREIN, REPEALING ALL PRIOR ORDINANCES
AND ACTIONS IN CONFLICT HEREWITH; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the City Manager of the City of Bastrop
has submitted to the Mayor and Council a proposed budget of the revenues
and expenditures/expenses of conducting the affairs of said city and
providing a complete financial plan for Fiscal Year beginning October
1, 2005 and ending September 30, 2006; and,
WHEREAS,
the Mayor and Council have now provided for and conducted a public
hearing on the budget as provided by law. Now, Therefore:
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BASTROP,
BASTROP COUNTY, TEXAS:
That the proposed budget for the fiscal year beginning October 1,
2005 and ending September 30, 2006, as submitted to the City Council
by the City Manager and which budget is attached hereto as Exhibit
"A" is hereby adopted and approved as the budget of all
revenue and expenditures/expenses of said city for Fiscal Year 2005-2006;
and
This Ordinance hereby appropriates
$5,288,481 for the General Fund Maintenance and Operations Budget;
$1,356,822 the Interest and Sinking Fund Requirements, $1,872,505
for the Water and Wastewater Utility Budget, $5,300,993 for the Bastrop
Power and Light Electric Utility Budget, $1,197,250 for the Bastrop
Economic Development Corporation Budget, $204,979 for the Hotel/Motel
Budget, $36,473 for the Fairview Cemetery Budget, and Other Budgets
described in Exhibit "A", and
Ordinances and prior actions
in conflict herewith are hereby repealed; and
This Ordinance shall be
and remain in full force and effect from and after its final passage
and publication in accordance with existing statutory requirements,
and
This Ordinance shall become
effective October 1, 2005.
READ and ACKNOWLEDGED on
First Reading on the 20th day of September 2005.
READ and ADOPTED on Second Reading on the 27th day of September 2005.
APPROVED:
By: Tom Scott
Mayor
ATTEST:
Teresa Valdez
City Secretary
APPROVED
AS TO FORM:
Brown & Carls,
L.L.P.
City Attorney
