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HomeMy WebLinkAboutRes 03-30 Approving Amendments to the Budget for the Fiscal Year 2002-2003RESOLUTION NO. 03-30 A RESOLUTION OF THE BOARD OF ALDERMEN OF THE TOWN OF WESTLAKE, TEXAS, AMENDING THE FY 2002-03 BUDGET TO AUTHORIZE AN EXPENDITURE OF $221,000.00 TO PURCHASE THE 2.03 ACRE TRACT AT THE NW CORNER OF US 377 AND TEXAS 170. BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE TOWN OF WESTLAKE, TEXAS: SECTION 1: The Board of Aldermen of the Town of Westlake floes hereby amend the FY 2002-03 budget as attached here as Exhibit A. SECTION 2: This Resolution shall become effective upon the date of its passage. PASSED AND APPROVED ON THIS 23rd DAY OF JUNE 2003. ATTEST: ing rosswy, Towri Secretary APPROVED AS TO FORM: Trent O. Petty, Town Man General Fund Capital Project FY 2002/2003 377 ROW Purchase Project Description The purchase of 2.03 acres of ROW on Highway 377 which was previously used for construction of 377 by the state of Texas. PrQ-ip.(;t 3!ghedul Implementation Fiscal Impact 8eain Ern June 2003 July 2003 ..- LTD Budget FY Planned FY 04105 FY 05106 FY 06107 FY 07108 Project Expense 9130103 03104 Purchase of 377 ROW 221,000 TOTAL $ 221,000 $ - $ $ - $ - $ Funding Source Certificates of Obligations Private Debt Service General Fund 221,000 Capital Outlay Enterprise Fund Westlake Visitor's Association Total Expense Total Revenues Grants TOTAL Utility Fund $ $ $ $ $ Net to Fund Balance 221,000 Total Interfund Loans/Grant 4A Grant - 4B Total - TOTAL $ - $ - $ $ - $ - $ ..- LTD Budget FY Planned FY 04105 FY 05/06 FY 06107 Total Projected Annual Operating Budget 9130103 03104 Personnel Expenses Supplies Maintenance Services Debt Service Capital Outlay Total Expense Total Revenues TOTAL $ $ $ $ $ $ Net to Fund Balance