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Ordinance No. 612ORDINANCE NO.612 AN ORDINANCE ADOPTING A BUDGET FOR THE ENSUING FISCAL YEAR, BEGINNING OCTOBER I, 1960, AND ENDING SEPTEMBER 30, 1961, IN ACCORDANCE WITH THE CHARTER AND ORDINANCES OF THE CITY OF BAY - TOWN; AND PROVIDING FOR THE PUBLICATION OF THIS ORDINANCE KkF. REAS, the City Manager 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 October 1, 1960, and ending the 30th day of September, 1961, 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 WHEREAS, the City Council has received said City Manager's estimate and held a public hearing thereon so provided by Section 44 of the Charter; and WHEREAS, further, after a full and final consideration of the public hearing, 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 the City of Bay- ,town and the expenses of conducting the affairs thereof for the ensuing fiscal year., beginning October 1, 1960, and ending September 30, 1961, as submitted to the City Council by the City Nianager 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 1st day of October, 1960, and ending the 30th day of September, 1961. Section 2: That the sum of One Million Three Hundred Sixty -Two Thousand Four Hundred and Fifty -Nine ($1,362,459.00) Dollars is hereby appropriated out of the General Fund for the payment of Operating Expenses and Capital Outlay of the City Government as hereinafter itemized, to -wit: • i• � 0 � 0 • • General Government $ 236,612.00 Public Safety 402,179.00 Highways 275,113.00 Sanitation f Waste Removal 274,877.00 Conservation of Health 37,668.00 Recreation 34,993.00 Miscellaneous 101.017.00 Total 1 362 459.00 Section 3: That the sum of Three hundred and Ninety -One Thousand Eight Hundred Eighty -Six ($391,886.00) Dollars is hereby appropriated out of the Water Works for the operating expenses and capital outlay of the municipally owned Water Works as hereinafter itemized, to -wit: $ 47,582.00 Supply Transmission & Distribution 102,206.00 Customers' Accounting & Collecting 62,697.00 20,726.00 Stores Contingency Fund 5,000.00 .. Transfer to General Fund 40,000.00 Water Works Interest & Sinking Fund 113,575.00 Total $ 391.886.00 Section 4: That the sum of One Hundred Ninety -Three Thousand Eight Hundred Thirty ($193,830.00) Dollars is hereby appropriated out of the General Interest and Sinking Fund for the purpose of paying the accruing interest and redeeming the Serial Bonds, as they mature, on the General Debt Service Bonds as hereinafter itemized, to -wit: Serial Bond Maturities $ 110,000.00 Interest Payments 83,480.00 Exchange 350.00 Total $ 193.830.00 Section 5: That the sum of One Hundred Sixteen Thousand Four Hundred Thirty -Six ($116,436.00) Dollars is hereby appropriated out of the Water Works Interest and Sinking Funds for the purpose of paying the accruing interest and redeeming the Serial Bonds, as they mature, on the Water Works Debt Service Bonds as hereinafter itemized, to -wit: -2- • Serial Bond Maturities $ 45,000.00 Interest Payments 49,736'00 Exchange 150.00 Bond Reserve Fund 16,550.00 Contingency Fund 6,000.00 Total $ 116 436 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 regular meeting held at the City Hall in the City of Baytown on this the 22nd day of September, 1960, A I Edna Oliver, City Clerk • -3- R. H. Pruett, Mayor