Ordinance No. 558I •
ORDINANCE K%.5 5
J
AN ORDINANCE ADOPTING A BUDGET FOR THE ENSUING
FISCAL YEAR, BEGINNING OCTOBER 1, 1959, AND
EKING SEPTEMBER 30, 1960, IN ACCORDANCE WITH
THE CHARTER AND ORDINANCES OF THE CITY OF BAY -
TOWN; AND PROVIDING FOR THE PUBLICATION OF THIS
ORDINANCE,
MEREAS, the Acting City W pager of the City of Baytown has submitted to
the City Council a budget estimate of the revenues of said City and the expenses
® of conducting the affairs thereof for the ensuing fiscal year, beginning Octo-
ber 1, 1959, and ending the 30th day of September, 1960, and which said estimate.
has been compiled from detailed information obtained from the several departments,
divisions and offices of the City, containing all the information as required by
• the Charter of the City of Baytown; and
,t
WHEREAS, the City Council has received said Acting City Manager's estimate
and held a public hearing thereon so provided by Section 99 of the Charter; and
MEREAS, further, after a full and final consideration of the public hear-
ing, it is the opinion of the Council that the budget as filed should be approved
and adopted, NOW,. THEREFORE,
® BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN:
Section 1: That the budget estimate of the revenues of-tile City of Baytown
and the expenses of conducting the affairs thereof for. the ensuing-fiscal year,
beginning October 1, 1959, and ending September 30, 1960, as submitted to the City
Council by the Acting City Manager of said City, be, and the same is, in all things
adopted and approved as the budget estimate of all of the current expenses as well
as the fixed charges against said City for the fiscal year beginning the lst day
of October, 1959, and ending the 30th day of September, 1960.
Section 2: That the sum of One Million One Hundred Twenty -Eight Thousand
Seven Hundred and Seventeen ($1,128,717.00) Dollars is hereby appropriated out of
0 the general fund for the payment of operating expenses and capital outlay of the
City Government as hereinafter itemized, to -wit:
Total 406,251.00
Section 4: That the sum of One Hundred Seventy -Four Thousand Four Hundred
• Eighty -Two ($174,482.00) Dollars is hereby appropriated out of the General Inter-
est and Sinking Fund for the purpose of paying the accruing interest and redeem-
ing the Serial Bonds,as they mature, on the General Debt Service Bonds as herein-
after itemized, to -wit:
Serial Bond Maturities $ 86,500.00
Interest Payments 87,732.00
Exchange 250.00
Total $ 174,482.00
Section 5: That the sum of One Hundred Nineteen Thousand Two Hundred Eigh-
ty Two ($119,282.00) Dollars is hereby appropriated out of the PDater Works Interest
and Sinking Funds for the purpose of paying the accruing interest and redeeming
the Serial Bonds,as they mature, on the Vh ter Works Debt Service Bonds as herein-
after itemized, to -wit:
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General Government.
$
238,806.00
•
Public Safety
325,754.00
Highways
204,690.00
Sanitation & Waste Removal
201,257.00
Conservation of Health
34,175.00
Recreation
26,350.00
Miscellaneous
97,685.00
Total
$ 1,128.717.00
Section 3: That the sum of Four Hundred and Six
Thousand
Two Hundred Fifty -
One ($406,251.00) Dollars is hereby appropriated out of
the
['Dater Works for the
operating expenses and capital outlay of the municipally owned
l "ater Works as
hereinafter itemized, to -fait:
Supply
$
43,690.00
Transmission & Distribution
105,586.00
Customers' Accounting G Collecting
58,625.00
Stores
19,550.00
Transfer to General Fund
60,000.00
Plater Works Interest & Sinking Fund
_
98,800.00 -
Total 406,251.00
Section 4: That the sum of One Hundred Seventy -Four Thousand Four Hundred
• Eighty -Two ($174,482.00) Dollars is hereby appropriated out of the General Inter-
est and Sinking Fund for the purpose of paying the accruing interest and redeem-
ing the Serial Bonds,as they mature, on the General Debt Service Bonds as herein-
after itemized, to -wit:
Serial Bond Maturities $ 86,500.00
Interest Payments 87,732.00
Exchange 250.00
Total $ 174,482.00
Section 5: That the sum of One Hundred Nineteen Thousand Two Hundred Eigh-
ty Two ($119,282.00) Dollars is hereby appropriated out of the PDater Works Interest
and Sinking Funds for the purpose of paying the accruing interest and redeeming
the Serial Bonds,as they mature, on the Vh ter Works Debt Service Bonds as herein-
after itemized, to -wit:
-2-
� r
r.
is
Serial Bond maturities
Interest Payments
Exchange
Bond Reserve fund
Contingency Fund
$ 44,000.00
50,317.00
150.00
18,815.00
61020.00
Total $ 119.282.00
Section 6: This ordinance shall be and remain in full force and effect
from and after its passage and approval of the City Council, and it shall be
published once each week for two consecutive weeks in some newspaper published
in the City of Baytown.
READ, ADOPTED and APPROVED by a majority of the City Council at the regu-
lar meeting held at the City Hall in the City of Baytown on this the 24th day of
September, 1959.
R. H. Pruett, Mayor
ATTEST:
O �
Edna Oliver, City Clerk
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