1987-08-24 Public Hearings and Regular Meeting

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e e ORDINANCE NO. 1556 AN ORDINANCE APPROVING AND ADOPTING THE BUDGET FOR THE CITY OF LA PORTE, TEXAS, FOR THE PERIOD OF OCTOBER 1, 1987, THROUGH SEPTEMBER 30, 1988; FINDING THAT ALL THINGS REQUISITE AND NECESSARY HAVE BEEN DONE IN PREPARATION AND PRESENTMENT OF SAID BUDGET; FINDING COMPLI- ANCE WITH THE OPEN MEETINGS LAW: AND PROVIDING AN EFFECTIVE DATE HEREOF. WHEREAS, the Charter of the Ci ty of La Porte, Texas, and the Statutes of the State' of Texas, require that an annual budget be prepared and presented to the City Council of the City of La Porte, Texas, prior to the beg inning of the fiscal year of said City, and that a public hearing(s) be held prior to the adoption of said Budget; and WHEREAS, the Budget for the fiscal year October 1, 1987, through september 30, 1988, has heretofore been presented to the City Council and due deliberation had thereon, and a public hearing(s) having been held as required by law and all comments and objections have been considered. WHEREAS, the following is a summary of the sources of revenue, and of the amounts appropriated and the purposes for which the same shall be spent. GENERAL FUND SUMMARY REVENUES: SUB-TOTAL $ 630,000.00 487,233.00 75,979.00 $ 1,193,212.00 $ 8,992,667.00 781,000.00 56,575.00 1,500.00 1,895,445.00 326,900.00 1,000.00 202,650.00 $ 12,257,737.00 $ 13,450,949.00 ------------- ------------- Beginning Balance Administrative Transfer In Use of Fund Balance SUB-TOTAL Taxes Franchise License & Permits Fines other Revenues Parks & Recreation Miscellaneous Revenue Municipal Court TOTAL ADOPTED REVENUES