Ord. 0556 09-12-88ORDINANCE NO. 556
AN APPROPRIATION ORDINANCE ADOPTING A BUDGET FOR THE
FISCAL YEAR BEGINNING OCTOBER 1, 1988, AND ENDING
SEPTEMBER 30, 1989.
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
$4,383,489 to the General Fund for the payment of operating expense
and necessary capital outlay for the City Government.
SECTION 3. That there is hereby appropriated the sum of
$2,813,068 to the Interest and Sinking Fund for general debt service
for the purpose of paying the interest due on the General Obligation
Bonds and Certificates of Obligation of the City and principal for
redeeming such Bonds and Certificates of Obligation as they mature.
SECTION 4. That there is hereby appropriated the sum of
$2,252,428 to the Water and Sewer Utility Funds for operating expense
and necessary capital outlay for the Water and Sewer Departments.
SECTION 5. That there is hereby appropriated the sum of
$ -0- to the Water and Sewer Utility Department for the purpose of
paying principal and interest on Water and Sewer Revenue Bonds.
SECTION 6. That there is hereby appropriated the sum of
$893,327 to the Sanitation Fund for operating expense and necessary
capital outlay for the Sanitation Department.
SECTION 7. That this ordinance shall become effective from
and after its passage on second and final reading.
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ATTEST:
PASSED AND APPROVED on first reading this day of
fJ
City Secretary
day of
ATTEST:
, A. D., 1988.
Mayor
PASSED AND APPROVED on second and final reading this /02✓
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I
City cretary
APPROVED AS TO FORM:
C7.-ta
, A. D., 1988.
Interim City Attorney
Mayor
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