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Ordinance No. 934ORDINANCE NO. 934 AN ORDINANCE ADOPTING A BUDGET FOR THE ENSUING FIS- CAL YEAR, BEGINNING OCTOBER 1, 1968, AND ENDING SEP- TEMBER 30, 1969, IN ACCORDANCE WITH THE CHARTER AND ORDINANCES OF THE CITY OF BAYTOWN; AND PROVIDING FOR THE PUBLICATION OF THIS ORDINANCE. A WHEREAS, 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, 1968, and ending September 30, 1969, and which said estimate has been compiled from detailed information obtained from the several departments, divisions, and offices of the City containing all 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 pro- vided by Section Forty -Four (44) of the Charter; and WHEREAS, after a full and final consideration of the public hearing it is the opinion of the Council that the bud- get as filed should be approved and adopted, NOW THEREFORE, BAYTOWN: BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF Section 1: That the budget estimate of the revenues of the City of Baytown and the expenses of conducting the affairs thereof for the ensuing fiscal year, beginning October 1, 1968, and ending September 30, 1969, as submitted to the City Council by the City Manager of said City be, and the same is in all things, adopted and approved as the budget estimate of all the current expenses as well as the fixed charges against said City for the fiscal year beginning the lst day of October, 1968, and ending September 30, 1969. Section 2: That the sum of THREE MILLION TWENTY- NINE THOUSAND THREE HUNDRED EIGHT AND 00/100 ($3,029,308.00) DOLLARS is hereby appropriated out of the General Fund for the payment of Operating Expenses and Captial Outlay of the City Government as hereinafter itemized, to -wit: General Government $ 634,299.00 Public Safety 1,100,116.00 Highways 555,615.00 Sanitation and Waste Removal 251,907.00 Conservation of Health 39,730.00 Recreation 202,174.00 Garage 112,317.00 Miscellaneous 68,650.00 Contingency and Emergency 64,500.00 TOTAL $3,029,308.00 Section 3: That the sum of NINE HUNDRED FORTY -SIX THOUSAND SEVEN HUNDRED EIGHTY -NINE AND 00 /100 ($946,789.00) DOLLARS is hereby appropriated out of the Water Works Fund for the operating expenses and capital outlay of the munici- pality owned waterworks as hereinafter itemized, to -wit: Supply $ 104,975.00 Transmission & Distribution 356,910.00 Customer's Accounting & Collecting 96,714.00 Sewers & Sewage Disposal 159,610.00 Garage & Miscellaneous 24,250.00 Transfers to Other Funds 172,828.00 Contingency Fund 31,502.00 TOTAL 946,789.00 Section 4: That the sum of FIVE HUNDRED THIRTY -TWO THOUSAND THREE HUNDRED FIVE AND 00 /100 ($532,305.00)DOLLARS is hereby appropriated out of the General Interest and Sinking Fund for the purpose of paying the accruing interest and re- deeming the Serial Bonds as they mature on the General Debt Service Bonds as hereinafter itemized, to -wit: Serial Bond Maturities $ 269,000.00 Interest Payments 262,305.00 Exchange 1,000.00 TOTAL $ 532,305.00 Section 5: That the sum of ONE HUNDRED FORTY -SEVEN THOUSAND ONE HUNDRED EIGHTY -EIGHT AND 00 /100 ($147,188.00) DOLLARS is hereby appropriated out of the Water Works Interest and Sinking Fund for the purpose of paying the accruing interest and redeeming the Serial Bonds as they mature in the Water Works Debt Service Bonds as hereinafter itemized, to-wit: -2- Serial Bond Maturities $ 66,500.00 Interest Payments 80,263.00 Exchange 425.00 TOTAL 147,188.00 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 the official newspaper of the City of Baytown. READ, ADOPTED and APPROVED by a majority of the City Council at a special meeting held at the City Hall in the City of Baytown, on the 19th day of September, 1968. Se`aborn Cravey, Mayor ATTEST: r �l E na Oliver, City Clerk APPROVED: William R. Laughlin, City Attorney -3-