CITY OF WINDY HILLS
ORDINANCE NO. 2 Series 2015/2016
AN ORDINANCE RELATING TO THE ADOPTION OF A BUDGET FOR THE CITY OF WINDY HILLS FOR THE FISCAL YEAR JULY 1, 2015 THROUGH JUNE 30, 2016, ESTIMATING REVENUES AND RESOURCES AND APPROPRIATING FUNDS FOR THE OPERATION OF CITY GOVERNMENT.
WHEREAS, a 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
Section 1. The budget for the fiscal year beginning July 1, 2015 and ending June 30, 2016 is hereby adopted as follows:
|Item||General Fund||Road Aid Fund|
Fund Balance Carried fwd.
|Property Tax Discount||(209,000)|
|Muni. Ins. Prem. Tax||230,000|
|Cable TV franchise (other)||18,000|
|Muni. Road Aid Fund||60,000|
|Total Estimated Revenues||573,800||60,500|
|Total Resources Available for Appropriation||$1,312,050||475,078|
|Streets, public works||20,000||100,000|
|Excess of Resources over Appropriations||$738,250||$320,000|
|Estimated Fund Balances at end of Fiscal Year||$738,250||$320,000|
Section 2. This ordinance shall take effect upon its passage and publication.
First Reading held November 9, 2015
Second Reading, Passed and approved December 14, 2015