City Clerk December 7, 2017

Ordinance 03, Series 15/16 Amended Budget

CITY OF WINDY HILLS
ORDINANCE NO. 3 Series 2015/2016

AN ORDINANCE RELATING TO THE ADOPTION OF AN AMENDED 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, 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, 2015 and ending June 30, 2016 is hereby adopted as follows:

Item General Fund Road Aid Fund
RESOURCES AVAILABLE:
Fund Balance Carried fwd.
$764,269 $382,359
Estimated Revenues:
Property Taxes
524,000
Property Tax Discount (209,000)
Muni. Ins. Prem. Tax 230,000
Cable TV franchise (other) 18,000
Muni. Road Aid Fund 60,000
Interest 4,200 500
Other 6,600
Total Estimated Revenues 573,800 60,500
Total Resources Available for Appropriation $1,338,069 442,859
APPROPRIATIONS:
General government
$145,000
Public Safety 52,800
Streets, public works 20,000 75,000
Street lighting  35,000
Sanitation 220,000
  20,000
Tree Board 8,000
City Improvements 100,000
Emergency Fund 28,000 20,000
TOTAL APPROPRIATIONS $573,800 $150,000
Excess of Resources over Appropriations $764,269 $292,859
Estimated Fund Balances at end of Fiscal Year $764,269 $292,859

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