HomeMy WebLinkAboutRes 98-13 Adopting Proposed Budget for Fiscal Year 1998-1999TOWN OF WESTLAKE
RESOLUTION NO. 98-13
A RESOLUTION OF THE BOARD OF ALDERMEN OF THE TOWN OF
WESTLAKE, TEXAS, ADOPTING AN OPERATING BUDGET FOR FISCAL
YEAR 1998-99; AND DECLARING AN EFFECTIVE DATE.
WHEREAS, an operating budget for fiscal year 1998-99 for the Town of
Westlake has been prepared for consideration by the Board of Aldermen of Westlake,
Texas; and
WHEREAS, the Town of Westlake has caused such operating budget for fiscal
year 1998-99 to be distributed to the citizens of Westlake and the public; and
WHEREAS, the Town of 'Westlake held a public hearing to receive input from
the public concerning the operating budget for fiscal year 1998-99; and
WHEREAS, the Board of Aldermen desires to adopt an operating budget for
fiscal year 1998-99;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
TOWN OF WESTLAKE, TEXAS:
SECTION 1: That the operating budget attached hereto as Exhibit "1" and
incorporated herein is hereby adopted as the operating budget for the Town of Westlake,
Texas for fiscal year 1998-99 to become effective on October 1, 1998. The Board of
Aldermen may amend the operating budget for fiscal year 1998-99 from time to time as
required by the financial situation of the Town.
SECTION 2: That this resolution shall become effective from and after its date of
passage.
PASSED AND APPROVED on this 28' day of September, 1998.
ATTEST:
Scott Bra ley, Mayor
APPROVED AS TO FORM:
(:TingqbCrosswy, Town Se0eary Paul C. Isham, Town Attorney
Town of Westlake
Proposed Budget
For Fiscal Year, September 30, 1999
Income
Building Permits
Development Fees
Franchise Fees
Allied Waste Systems
GTE
Lone Star Gas
Marcus Cable
Southwestern Bell
Tri County Electric
Franchise Taxes - Other
Misc. Revenue
Mixed Beverage Tax
Citations
False Alarm Calls
Sales of Printed Material
Sales Tax
Net to general fund
Total Income
Expense
Books & Printed Materials
Accounting & Consulting
Bank Charges
Building Inspection
Capital Outlay
Road Repairs
Office Equipment
Water Line Sizing
Community Services
Fire Expense
Municipal Court Expense
Police Expense
Courier Service
Dues & Subscriptions
Election Expense
Engineering Fees
Insurance - general
Insurance - Other
Internet expense
Legal
Maintenance & Repairs
Meeting Expense
Misc. Expense
Proposed
FYE Budget
09/30/99
35,000
70,000
4,000
1,000
5,000
250
70,000
110,000
0
450
8,700
4,800
200
800
1,000,000
1,310,200
350
30,000
500
25,000
20,000
4,000
0
10,000
5,000
2,000
30,000
500
1,400
1,000
70,000
3,500
500
600
900,000
3,300
3,200
3,000
09/29198 Shee11 wesllakebud.xls
Town of Westlake
Proposed Budget
For Fiscal Year, September 30, 1999
Office Expense
Payroll Tax Expense
Salaries
Payroll Expenses - Other
Payroll Taxes
Planners Fees
Postage
Professional Consulting Fees
Public Notice Expense
Office Rent
Training, Seminars & Meetings
Telephone
Video Expense
Total Expense
Other Income
Interest Income
Net Income (Loss)
Proposed
FYE Budget
09/30/99
5,000
150
20,000
400
1,500
40,000
1,600
60,000
1,800
10,000
1,800
2,500
600
1,295,633
85,000 (1)
99,567
(1) based on average, funds available for investment similar in balances to those available in fiscal year 1998.
09129/98 sheetl westlakebud.xls
Economic Development Corporation - 4A
Proposed Budget
September 30, 1999
Income
Sales Tax Revenue
Total Income
Expense
Developmental Costs
Total Expense
Net Income (Loss)
Proposed
FYE Budget
09/30/99
500,000
500,000
5,000
5,000
495,000
090/98 5heetl wesilakebud.As
Economic Development Corporation - 4B
Proposed Budget
September 30, 1999
Income
Sales Tax Revenue
Total Income
Expense
Developmental Costs
Total Expense
Net income (Loss)
Proposed
FYE Budget
09/30/99
500,000
500,000
5,000
Me
495,000
09129198 Sheetl westlakebud.xis