94-11 O - Budget Adoption for 1994-1995 i .1..
* JOGUY2 O{P OJI2EZ
P.O. Box 297 ,
Prosper, Texas 75078 1-1
in
214/347-2304
0
0
ORDINANCE NO . 94- 11
11
1°
AN ORDINANCE MAKING APPROPRIATIONS FOR THE SUPPORT SI
OF THE CITY OF PROSPER FOR THE FISCAL YEAR BEGINN—
ING OCTOBER 1 , 1994 AND ENDING SEPTEMBER 30 , 1995 ;
APPROPRIATING MONEY TO A SINKING FUND TO PAY INTEREST
AND PRINCIPAL DUE ON THE CITY ' S INDEBTEDNESS ; AND
ADOPTING THE ANNUAL BUDGET OF THE CITY OF PROSPER
FOR THE 1994- 1995 FISCAL YEAR.
WHEREAS , THE BUDGET, APPENDED HERE AS EXHIBIT "A", FOR THE FISCAL YEAR
BEGINNING OCTOBER 1 , 1994 AND ENDING SEPTEMBER 30, 1995, WAS DULY PRESENTED TO
THE CITY COUNCIL BY THE MAYOR AND A PUBLIC HEARING WAS ORDERED BY THE CITY
COUNCIL AND A PUBLIC NOTICE OF SAID HEARING WAS CAUSED TO BE GIVEN BY THE CITY
COUNCIL AND SAID NOTICE WAS PUBLISHED IN THE McKINNEY COURIER GAZETTE AND SAID
PUBLIC HEARING WAS HELD ACCORDING TO SAID NOTICE; NOW THEREFORE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PROSPER:
SECTION 1 . THAT THE APPROPRIATIONS FOR THE FISCAL YEAR BEGINNING OCTOBER 1 ,
1994, AND ENDING SEPTEMBER 30, 1995, FOR THE SUPPORT OF THE GENERAL GOVERNMENT
OF THE CITY OF PROSPER, TEXAS, BE FIXED AND DETERMINED' FOR SAID TERMS IN ACCOR—
DANCE WITH THE EXPENDITURES SHOWN IN THE CITY'S FISCAL YEAR 1994-1995 BUDGET,
A COPY WHICH IS APPENDED HERETO AS EXHIBIT "A":
SECTION 2 . THAT THE BUDGET, AS SHOWN IN WORDS AND FIGURES IN EXHIBIT "A", IS
HEREBY APPROVED IN ALL RESPECTS AND ADOPTED AS THE CITY'S BUDGET FOR THE FISCAL
YEAR BEGINNING OCTOBER 1 , 1994 AND ENDING SEPTEMBER 30, 1995.
SECTION 3 . THAT THERE IS HEREBY APPROPRIATED THE AMOUNT SHOWN IN SAID BUDGET
NECESSARY TO PROVIDE FOR A SINKING FUND FOR THE PAYMENT OF THE PRINCIPAL AND
INTEREST AND THE RETIREMENT OF THE BONDED DEBT OF THE CITY.
'2'' PASSED AND APPROVE THIS , THE 13th DAY OF SEPTEMBER , 1994 .
As t.. t • J 1
1
.I
`� APPROVED
jaw
`�• S
`�' ;....•ATTEST �/ �A Y SMOTHERMON , MAYOR
��vnS
011
SHIR EY J CK , 'SECRETARY
EXHIBIT "A"
1994 = -1995
CITY OF PROSPER
GENERAL FUND BUDGET
REVENUES
CURRENT TAXES (36,341 ,035 x .32 DIV.$100 @95% COLL.RATE -$29,950 TO I&S) $ 80,526.74
CURRENT DELINQUIENT TAXES 5,814.56
DELINQUENT TAXES (93 & PRIOR) 2,500.00
SALES TAX 18,500.00
FRANCHISE TAX 40,000.00
BUILDING PERMITS 5,000.00
TAXES - PENALTIES 2,000.00
MISCELLANEOUS - 2,500.00
INTEREST INCOME 1 ,500.00
TOTAL REVENUES $158,341 .30
EXPENDITURES
SALARIES (NARCISO ORTEGA & PETE SALAZAR) $ 36,740.00
CONTRACTED SERVICES (TAX COLLECTING & SHERIFF'S DEPT.) 7, 121 .00
PAYROLL TAX (7.65%) 2,810.61
T.E.C. TAX ( 1 .50%) 405.00
RETIREMENT (5.07%) 1 ,862.71
INSURANCE 10,000.00
PROFESSIONAL FEES(ENGINEER & AUDITOR) 8,000.00
ATTORNEY FEES 5,000.00
OFFICE EQUIP. & COMPUTER PROGRAMS, 2,000.00
CONTRACT LABOR 5,500.00
REPAIRS & MAINTENANCE 5,000.00
MATERIALS & SUPPLIES 45,000.00
DISPATCH FEES 600.00
AMBULANCE EXPENSE ($15.00 x 1039) 15,585.00
TELEPHONE & UTILITIES 5,000.00
PRINTING & ADVERTISING 700.00
CENTRAL APPRAISAL DISTRICT FEES 907.00
ELECTION EXPENSE - 500.00
AUTO EXPENSE & FUEL 1 ,500.00
MISCELLANEOUS 3,500.00
TOTAL EXPENDITURES 157,731 .32
EXCESS/DEFICIT $ 609.98
TOTALS OFFICE POLICE FIRE STREETS
SALARIES $ 36,740.00 36,740.00
-CONTRACTED LABOR 7, 121 .00 5,900.00 1 ,221 .00
PAYD^TT TAX 2,810.61 2,810.61
T.E.C. TAX 405.00 135.00 270.00
RETIREMENT EXPENSE 1 ,862.71 1 ,862.71
INSURANCE 10,000.00 1 ,700.00 1 ,950.00 3,025.00 3,325.00
PROFESSIONAL .FEES 8,000.00 3,000.00 5,000.00
ATTORNEY ELES 5,000.00 5,000.00
OFFICE EQUIPMENT &
COMPUTER PROGRAMS 2,000.00 2,000.00
CONTRACT LABOR 5,500.00 2,000.00 3,500.00
REPAIR & MAINTENANCE 5,000.00 800.00 200.00 4,000.00
MATERIALS & SUPPLIES 45,000.00 1 ,000.00 2,000.00 42,000.00
DISPATCHING EELS 600.00 600.00
DANCE.EXPENSE 15,585.00 15,585.00
TELEPHONE & UTILITIES 5,000.00 5,000.00
PRINTING & ADVERTISING 700.00 700.00
CENTRAL APP.DIST.k P_.E S 907.00 907.00
MISCELLANEOUS EXPENSES 3,500.00 1 ,750.00 1 ,750.00
ELECTION EXPENSES 500.00 500.00
AUTO & FUEL 1 ,500.00 1 ,500.00
TOTALS 157,731 .32 30,392.00 3, 171 .00 21 ,410.00 102,758.32
,
•1994 - 1995
CITY OF PROSPER
WATER & SEWER BUDGET
,REVENUES
MONTHLY UTILITY BILLS $200 , 000 . 00
CONNECTION & TAP FEES 20 , 000 . 00
MISCELLANEOUS 2 , 000 . 00
TOTAL REVENUES $222 , 000 . 00
EXPENDITURES
WATER PURCHASES $ 325 . 00
REPAIRS - EQUIPMENT 37 , 000 . 00
SALARIES ( SHIRLEY) 25 , 200 . 00
PAYROLL TAX ( 7 . 65%) 1 , 927 . 80
RETIREMENT (5 . 07%) 1 , 277 . 64
PROFESSIONAL FEES 5 , 000 . 00
OFFICE SUPPLIES 1 , 500 . 00
TRASH COLLECTIONS 40 , 000 . 00
UTILITIES & TELEPHONE 30 , 000 . 00
WATER WORKS SUPPLIES 15 , 000 . 00
POSTAGE (WATER BILLS) 1 , 500 . 00
INSURANCE 3 , 500 . 00
AUTO EXPENSE & FUEL 3 , 000 . 00
UPPER TRINITY FEES 458 . 00
DUES & FEES 2 , 000 . 00
OTHER FEES (FRANK KIRK-W/S) 23 , 000 . 00
' MISCELLANEOUS 10 , 000 . 00
TOTAL EXPENDITURES $200 , 688 .44
SERIES 88 BOND PAYMENT $ 20 , 095 . 00
BANK CHARGES 350 . 00
TOTAL BOND PAYMENT $ 20 ,445 . 00
TOTAL EXPENDITURES INCLUDING BOND PAYMENT $221 , 133 .44
EXCESS/DEFICIT $ 866 . 56
1994 - 1995
CITY OF PROSPER
INTEREST & SINKING BUDGET
aEVENUES
CURRENT TAXES ( SERIES 78 & 81 BONDS ) $29 , 600 . 00
DELINQUENT TAXES 500 . 00
PENALTY & INTEREST 500 . 00
BANK INTEREST 200 . 00
TOTAL REVENUES $30 , 800 : 00
I
EXPENDITURES
BOND PAYMENT - SERIES 78 $ 9 , 980 . 00
BOND PAYMENT - SERIES 81 19 , 620 . 00
BANK CHARGES 350 . 00
$29 , 950 . 00
EXCESS/DEFICIT $ 850 . 00
AFTER FILING RETURN TO : SHIRLEY JACKSON
CITY OF PROSPER
P . O . BOX 307
PROSPER, TEXAS 75078
, . •
•
•
•
•
rri
ASY PROVIS IDfN HERE.Y WHICH RESTRICTS THE SALE.RENTAL,OR USE Of THE
DESCRIRED N L PROPERTY BECAUSE Of COLOR OR RACE IS INVALID AND
IiUENFORCEANLE UNDER FEDERAL LAW
�nbyceE ddythat hisInstrumentwasREDInNufileNumberSegsenCER
on the date end the time stamped ham by me;and was duly RECORDED,
On the Official Public Records of final Property of Collin County,Texas on
O C T 1 9 1994
COUNTY CLERK,COWN COUNTY,TEXAS g\ZYS4**m
Filed for Record in: F
COLLIN COUNTY TX
HONORABLE HELEN STARNES
On 1994/10/19
At 9:38A
Number: 94- 0094S14
Type : OR 19.00