91-06 O - Budget Adoption for FY 1991 – 1992L-41W
3742 168
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P.O. Box 297
Prosper, Texas 75078
ORDINANCE # 91-06
ADOPTING THE BUDGET FOR 1991-1992
AN ORDINANCE MAKING APPROPRIATIONS FOR THE SUPPORT OF THE
CITY OF PROSPER FOR THE FISCAL YEAR BEGINNING OCTOBER 1,
1991 AND ENDING SEPTEMBER 30, 1992; 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 1991-1992 FISCAL YEAR.
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21,
WHEREAS, THE BUDGET, APPENDED HERE AS EXHIBIT A, FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 1991 AND ENDING SEPTEMBER 30, 1992, 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 1,1991
AND ENDING SEPTEMBER 30, 1992, FOR THE SUPPORT OF THE GENERAL GOVERNMENT OF THE
CITY OF PROSPER, TEXAS, BE FIXED AND DETERMINED FOR SAID TERMS IN ACCORDNACE WITH
THE EXPENDITURES SHOWN IN THE CITY'S FISCAL YEAR 1991-1992 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 HERE-
BY APPROVED IN ALL RESPECTS AND ADOPTED AS THE CITY'S BUDGET FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 1991 AND ENDING SEPTEMBER 30, 1992.
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 SAID CITY.
PAS§ AND APPROVED THIS, THE 22nd DAY OF
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SHIRLEY /ACK,S N, CRETARY
AUGUST , 1991.
APPROVED:
ZADM0THERM0N, MAYOR
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1991 - 1992
GENERAL FUND BUDGET
CITY OF PROSPER
REVENUES
CURRENT TAXES (106.,228.76)@ 95% COLLECTION RATE $100,917.32
CURRENT DEL. TAXES 5,311.44
DELINQUENT TAXES (90 & PRIOR)
SALES TAX 12,000.00
FRANCHISE TAX 24,000.00
BUILDING PERMITS 700.00
TAXES -PENALTIES 2,000.00
TAXES -ATTORNEY FEES 500.00
MISCELLANEOUS 100.00
INTEREST INCOME _ 1,500.00
TOTAL REVENUES $'151,028.76
EXPENDITURES
SALARIES
$ 25,800.00
CONTRACTED SERVICES (TAX COLL. & SHERIFF DEPT.)
7,418.00
PAYROLL TAX
2,000.00
jv T..E.C. TAX
200.00
RETIREMENT EXPENSE
435.00
INSURANCE (WORKER'S COMP. & PROP.& CASUALTY)
13,250.00
PROFESSIONAL FEES
500.00
ATTORNEY FEES
500.00
OFFICE EQUIPMENT - COMPUTER PROGRAMS
350.00
CONTRACT LABOR
5,000.00
REPAIR & MAINTENANCE
5,000.00
MATERIALS & SUPPLIES
40,000.00
DISPATCHING FEES
600.00
AMBULANCE EXPENSE
TELEPHONE & UTILITIES
10,290.00
5,000.00
PRINTING & ADVERTISING
100.00
CENTRAL APPRAISAL DIST. FEES
860.00
MISCELLANEOUS EXPENSES
1,000.00
ELECTION EXPENSE
300.00
AUTO EXPENSE - FUEL
1,500.00
$120,103.00
DEPOSITS TO I&S (SERIES 78 & 81 BONDS)
26,707.50
TOTAL EXPENDITURES
1-146,810.50
EXCESS/DEFICIT
$ +4,218.26
3 14 2 172
TOTALS
CRIES $ 25,800.00
PAYROLL TAX
2,000.00
T.E.C. TAX
RETIREMENT
200.00
435.00
INSURANCE
ATTORNEY FEES
13,250.00
1,000.00
OFFICE EQUIP.
350.00
CONTRACT LABOR
5,000.00
REPAIR & MAINT
5,000.00
MATERIAL & SUP
40 000.00
DISPATCHING
600.00
ULANCE EXP.
6,000.00
CONTRACTED SER
UTILITIES
7,418.00
51000.00
PRINTING
100.00
CENTRAL APT.
860.00
MISCELLANEOUS
1,000.00
ELECTION EXP.
300.00
AUTO - FUEL
1,500.00
TOTALS
$115,813.00
4
OFFICE
45.00
3000.00
1000.00
350.00
1000.00
500.00
500.00
6000.00
3950.00
100.00
860.00
1000.00
300.00
$18605.00
POLICE FIRE
7,800.00
600.00
40.00
STREETS
18,000.00
1,400.00
115.00
435.00
2,650.00
$ 2,450.00
5,150.00
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4,000.00
300.00
4,200.00
2,500.00
37,000.00
600.00
10,290.00
1,418.00
50.00
1,000.00
200.00 1,300.00
$13, 058. 00 $16 , 840. 00 $71, 600. 00
37,442 I7#
1991 - 1992
WATER & SEWER BUDGET
CITY OF PROSPER
REVENUES
MONTHLY UTILITY BILLS
CONNECTION & TAP FEES
MISCELLANEOUS
TOTAL REVENUES
EXPENDITURES
WATER PURCHASES
REPAIRS -EQUIPMENT
SALARIES
FICA TAX EXPENSE
RETIREMENT EXPENSE
PROFESSIONAL FEES
OFFICE SUPPLIES
TRASH COLLECTION
UTILITIES
WATER WORKS SUPPLIES
POSTAGE (WATER BILLS)
INSURANCE (WORKER'S COMP.& PROP.& LIAB.)
FUEL
UPPER TRINITY - FEE
DUES, SCHOOLS
OTHER FEES
MISCELLANEOUS
TOTAL _ T
TRANSFERS TO I&S (SERIES 88 BONDS) ($1,844.17 MO.)
TOTAL EXPENDITURES
EXCESS/DEFICIT
n
$160,000.00
2,000.00
1,000.00
$163,000.00
$ 300.00
5,000.00
39,600.00
3,030.00
955.00
3,500.00
350.00
35,000.00
25,000.00
10,000.00
1,000.00
2,600.00
1,000.00
509.00
800.00
500.00
500.00
$129,644.00
$ 22,130.00
151,774.00
$+11,226.00
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