Ordinance 03, Series 14/15 Amended Budget

CITY OF WINDY HILLS

 ORDINANCE NO. 3 Series 2014/2015

 AN ORDINANCE RELATING TO THE ADOPTION OF AN AMENDED BUDGET FOR THE CITY OF WINDY HILLS FOR THE FISCAL YEAR JULY 1, 2014 THROUGH JUNE 30, 2015, ESTIMATING REVENUES AND RESOURCES AND APPROPRIATING FUNDS FOR THE OPERATION OF CITY GOVERNMENT.

                        

  WHEREAS, an Amended Budget Proposal and Message have been prepared and delivered to the City Council, and

                WHEREAS, the City Council has reviewed such budget proposal and made necessary modification, now therefore,

                BE IT ORDAINED BY THE CITY OF WINDY HILLS

                Section1. The budget for the fiscal year beginning July 1, 2014 and ending June 30, 2015 is hereby adopted as follows:

                                                                General Fund                                          Road Aid Fund

Resources Available:

Fund Balance Carried fwd.                          $687,450                                                       $424,078

                Estimated Revenues:

                Property Taxes                                              457,000

                Muni. Ins. Prem. Tax                                    250,000

                Cable TV franchise (other)                              18,000

                Muni. Road Aid Fund                                                                                                            60,000

                Interest                                                              2,000                                                                 500

                Other                                                                 7,700                                                                            

                Total Estimated Revenues                             735,500                                                             60,500

                Total Resources Available for

                Appropriation                                             $1,422,950                                                          484,578   

                APPROPRIATIONS:

                General government                                    $276,300

                Public Safety                                                   50,400

                Streets, public works                                       32,000                                                             55,000

                Street lighting                                                  35,000

                Sanitation                                                      228,000

                Snow Removal                                                                                                                        20,000

                Tree Board                                                        8,000

                Green Improvements                                       25,000

                City Beautification                                           30,000

                TOTAL APPROPRIATIONS                                   $684,700                                                             $70,000  

                Excess of Resources over

                Appropriations                                             $738,250                                                          $414,578  

                Estimated Fund Balances at end of

                Fiscal Year                                                   $738,250                                                          $414,578  

Section 2.                                This ordinance shall take effect upon its passage and publication.

First Reading held November 10, 2014.

Second Reading, Passed and approved December 8, 2014.