95-16 O - Adoption of 1995-1996 Budget Q '
giT01/2EZ
P.O.Of
Box 297
Prosper, Texas 75078 !}
214/347-2304 13
0
ORDINANCE NO. 95- 16
AN ORDINANCE MAKING APPROPRIATIONS FOR THE SUPPORT
OF THE CITY OF PROSPER FOR THE FISCAL YEAR BEGINN—
OCTOBER 1, 1995 AND ENDING SEPTEMBER 30, 1996 ; LI
APPROPRIATING MONEY TO A SINKING FUND TO PAY INTER—
EST AND PRINCIPAL DUE ON THE CITY' S INDEBTEDNESS;
AND ADOPTING THE ANNUAL BUDGET OF THE CITY OF PROSPER
FOR THE 1995-1996 FISCAL YEAR.
WHEREAS, THE BUDGET, APPENDED HERE AS EXHIBIT "A", FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 1995 AND ENDING SEPTEMBER 30, 1996 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 CAUSE) TO BE GIVEN BY
THE CITY COUNCIL AND SAID NOTICE WAS PUBLISHED IN THE McKINNEY DAILY COURIER
GAZE1.1'E AND SAID PUBLIC HEARING WAS HELD ACCORDING TO SAID NOTICE; NOW,
• THEREFORE,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PROSPER, TEXAS :
SECTION 1 . THAT THE APPROPRIATIONS FOR THE FISCAL YEAR BEGINNING OCTOBER 1,
1995 AND ENDING SEPTEMBER 30, 1996, FOR THE SUPPORT OF THE GENERAL GOVERNMENT
OF THE CITY OF PROSPER, TEXAS, BE FIXED AND DET'ERMINDED FOR SAID TERMS IN
ACCORDANCE WITH THE EXPENDITURES SHOWN IN THE CITY'S FISCAL YEAR 1995-1996
BUDGET, A COPY OF 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 BFflINNING OCTOBER 1, 1995 AND ENDING SEPTEMBER 30, 1996.
SECTION 3 . THAT THERE IS HEREBY APPROPRIATED THE AMOUNT SHOWN IN SAID BUD—
GET NECESSARY TO PROVIDE FOR A SINKING FUND FOR THE PAYMENT OF THE PRINCIPAL
AND INTEREST AND THE RETIREMENT OF THE BONDED DINT OF SAID CITY.
PAS SED\`ANp, AP PROVE D THIS, THE 12th DAY OF SEPTEMBER, 1995.
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ST P COFFMAN / AYOR
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SH. RLEY C ITY SECRETARY
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PUBLISHER'S AFFIDAVIT
THE STATE OF TEXAS
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. ' COUNTY OF COLLINS
. ,. .. On this day personally appeared before the undersigned authority '
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• ' one of the publisher's / THE DAILY COURIER-GAZETTE published at . .,
• McKinney,Texas,who on oath says that the notice hereto annexed was
published In sotld Dewspaper.
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1995 - 1996
CITY OF PROSPER
GENERAL FUND BUDGET
REVENUES
CURRENT TAXES ($30,,909,322 x .32 DIV.$100 @95% COL.RATE-$28,670.00) $ 92,654.33
CURRENT DELINQUENT TAXES $ 2,500.00
DELINQUENT TAXES (9-4 & PRIOR) $ 500.00
SALES TAX $ 32,000.00
FRANCHISE TAX $ 43,500.00
BUILDING PERMITS $ 2,500.00
TAXES - PENALTIES $ 1,000.00
MISCELLANEOUS $ 150.00
INTEREST INCOME $ 1,500.00
TOTAL REVENUES $ 176,304.33
EXPENDITURES
SALARIES (NARCISO & TONY) $ 44,000.00
CONTRACTED SERVICES (TAX COLL. & SHERIFF' S DEPT. ) $ 10,200.00
PAYROLL TAX (7 . 65%) $ 3,366.00
T.E. C. TAX (00 . 4%) $ 173.60
RETIREMENT (5. 6 9%) $ 2,082.54
INSURANCE $ 10,000.00
PROFESSIONAL FEES (ENGINEER & AUDITOR) $ 8,000.00
ATTORNEY FEES $ 10,000.00
OFFICE EQUIP. & COMPUTER PROGRAMS $ 2,000.00
CONTRACT LABOR $ 8,000.00 -
REPAIRS & MAINTENANCE $ - 5,000.00
MATERIALS & SUPPLIES $ 45,000.00
DISPATCH FEES $ -- 600.00
AMBULANCE EXPENSE $ 15,585.00
TELEPHONE & UTILITIES $ 5,000.00
PRINTING & ADVERTISING $ 1,000.00
CENTRAL APPRAISAL DISTRICT FEES $ 962.00
ELECTION EXPENSE $ 750.00
AUTO EXPENSE & FUEL $ 1,500.00
MISCELLANEOUS $ 2,500.00
TOTAL EXPENDITURES $ 175,719.14
EXCESS/DEFICIT $ 585.19
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TOTALS OFFICE POLICE FIRE STREETS
SALARIES $ 44,000.00 $ 7,400.00 $ 36,600.00
CONTRACTED SER. 10,200 00 . 10,200.00
PA LL TAX 3,366.00 566.10 2,799.90
T.E. C. TAX 173.60 101.60 72.00
RETIREMENT 2,082.54 2,082.54
INSURANCE 10,000.00 1,700.00 $1,950.00 $ 3,025.00 3,325.00
PROFESSIONAL FEES 8,000.00 2,500.00 5,500.00
ATTORNE
EgY
OoFFIEpES 10,000.00 10,000.00
Mgr. EPROGRR 2,000.00 2,000.00
CONTRACT LABOR 8,000.00 2,000.00 6,000.00
REPAIR & MAINT. 5,000.00 800.00 1,500.00 2,700.00
MAT. & SUPPLIES 45,000.00 1,000.00 2,000.00 42,000.00
DISPATCHING FEES 600.00 600.00
AMBULANCE EXP. 15,585.00 15,585.00
TELE. & UTILITIES 5,000.00 5,000.00
PRINTING & ADS. 1,000.00 1,000.00
TT.APP. DIST.FEE 962.00 962.00
MISC. EXPENSES 2,500.00 1,250.00 1,250.00
ELECTION EXP. 750.00 750.00
AUTO & FUEL 1,500.00 1,500.00
TOTALS $175,719.14 $47,229.70 $1,950.00 $22,710.00 $103,829.44
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1995 - 1996
CITY OF PROSPER
WATER & SEWER BUDGET
REVENUES
MONTHLY UTILITY BILLS $ 250, 000 .00
CONNECTION & TAP FEES $ 10, 000. 00
MISCELLANEOUS $ 2, 000 . 00
TOTAL. REVENUES $ 262, 000 . 00
EXPENDITURES
WATER PURCHASES $ 330. 00
REPAIRS - EQUIPMENT $ 30, 000 . 00
SALARIES (TAB & SHIRLEY) $ 53, 500 . 00
PAYROLL TAX (7 . 65%) $ 4, 092 . 75
RETIREMENT (5 . 69%) $ 3, 044. 15
PROFESSIONAL FEES $ 5, 000 . 00
OFFICE SUPPLIES $ 1, 500. 00
TRASH COLLECTIONS $ 42, 000 . 00
UTILITIES .& TELEPHONE $ 33, 000 . 00
WATER WORKS SUPPLIES $ 20, 000. 00
POSTAGE (WATER BILLS) $ 1, 500 . 00
INSURANCE $ 3, 500. 00
AUTO EXPENSE & FUEL $ 3, 000 . 00
UPPER TRINITY FEES $ 468 . 00
DUES & FEES $ 3 , 000. 00
OTHER FEES (K-LAB) $ 23, 000. 00
MISCELLANEOUS $ 10, 000 . 00
TOTAL EXPENDITURES $ 236, 934 . 90
SERIES 88 BOND PAYMENT $ 24, 390. 00
BANK CHARGES $ 350 . 00
TOTAL BOND PAYMENT $ 24, 740 . 00
TOTAL EXPENDITURES INCLUDING BOND PAYMENT $ 261, 674. 90
EXCESS/DEFICIT $ 325 . 10
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1994 - 1995
CITY OF PROSPER
INTEREST & SINKING BUDGET
REVENUES
CURRENT TAXES $ 28, 320 . 00
DELINQUENT TAXES 500 . 00
PENALTY & INTEREST 500 . 00
BANK INTEREST 200 . 00
TOTAL REVENUES $ 29, 520 . 00
EXPENDITURES
BOND PAYMENT - SERIES 78 $ 9, 540. 00
BOND PAYMENT - SERIES 81 18, 780 . 00
BANK CHARGES 490 . 00
TOTAL EXPENDITURES $ 28, 810 . 00
EXCESS/DEFICIT $ 710 . 00
AFTER FILM RETURN'IO:
CITY CF 1
P.O. Bl1X 307
fit, S 75078
ANY THE
DESCRIBEDRI DREEAL HEREIN
PROPERTY BECAUSE OF COLOR ESTRICTS THE ORRACE IS INVALI OR USE D AND
UNENFORCEABLE UNDER FEDERAL LAW COUNTY OFCOLLIN)
f(ThthE STATE OF TE A31qq
on the date and the%Imols stamped hertrurnsnt eon FILED mu and was�duly RECORWED
on the Official Public Records of Rol Propertll of Collin County.Texas on
0 C T 2 7 1995
oOUN K g%OWN N cOINnY,TtXAs
Filed for Record ins
COLLI:N COUNTY, TX
HONORABLE HELEN STARNES
On 1995/10/27
At 1 s 53R
Number: 95- 0080803
Type e OR 19.00