Ord. 0383 08-28-78ORDINANCE NO. 383
AN APPROPRIATION ORDINANCE ADOPTING A BUDGET FOR THE
FISCAL YEAR BEGINNING OCTOBER 1, 1978, AND ENDING
SEPTEMBER 30, 1979.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS:
SECTION 1. That the City Manager's proposed budget, be adopted in compliance
with provisions of Article 8 of the Home Rule Charter of the City of Pearland,
Texas, which sets forth certain very specific requirements as to the City of
Pearland.
SECTION 2. That there is hereby appropriated the sum of $2,071,929.00 to the
General Fund for the payment of operating expenses and necessary capital outlay
for the City Government.
SECTION 3. That there is hereby appropriated the sum of $454,715.00 to the
Interest and Sinking Fund for general debt service for the purpose of paying
the interest due on the General Obligation Bonds, Certificates of Obligation,
and Warrants of the City and principal for redeeming such Bonds, Certificates
of Obligation, and Warrants as they mature.
SECTION 4. That there is hereby appropriated the sum of $656,882.00 to the
Water and Sewer Utility Funds for operating expenses and necessary capital
outlay for the Water and Sewer Departments.
SECTION 5. That there is hereby appropriated the sum of $276,750.00 to the
Water and Sewer Utility 'Department Service for the purpose of paying principal
and interest on Water and Sewer Revenue Bonds and a Bond Reserve.
SECTION 6. That this ordinance shall become effective from and after its
passage on second and final reading.
PASSED AND APPROVED bh the FIRST READING this 424 day of
A. D., 1978.
ATTEST ity
Mayor
Secretary