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<br />e <br /> <br />e <br /> <br /> RESOLUTION NO <br />A RESOLUTION APPROVING AND ADOPTING THE BUDGET FOR THE CITY OF LA PORTE, TEXAS, FOR THE PERIOD <br />OCTOBER 1,1985, THROUGH SEPTEMBER 30, 1986, FINDING THAT ALL THINGS REQUISITE AND NECESSARY HAVE <br />BEEN DONE IN PREPARATION AND PRESENTMENT OF SAID BUDGET. <br />WHEREAS, the Charter of the City of La Porte, Texas, and the statutes of the State of <br />Texas, require that an annual budget be prepared and presented to the City Council of the City <br />of La Porte, Texas, prior to the beginning of the fiscal year of said City, and that a public <br />hearing(s) be held prior to the adoption of said budget; and, <br />WHEREAS, the budget for the fiscal year October 1, 1985, through September 30, 1986, has <br />heretofore been presented to the City Council and due deliberation had thereon, and a public <br />hearing(s) having been held as required by law and all comments and objections have been <br />considered; <br />WHEREAS, the following is a summary of the sources of revenue, and of the amounts <br />appropriated and the purposes for which the same shall be spent; <br /> FEDERAL REVENUE SHARING FUND <br />REVENUE: <br />Beginning Estimated Fund Balance $ 59,082 <br />1985-1986 Estimated Allocation - 258.718 <br />TOTAL ESTIMATED REVENUE $ 317,800 <br />APPROPRIATIONS: <br />Project Appropriations $ 302.800 <br />Contingency 1 000 <br />TOTAL APPROPRIATIONS 800 <br /> <br /> <br />