Page 240 - Grapevine FY19 Operating Budget

ORDINANCE NO. 2018- 069

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS ADOPTING THE BUDGET FOR THE
CITY OF GRAPEVINE, TEXAS FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2018 AND ENDING
SEPTEMBER 30, 2019; PROVIDING FOR INTRA- AND
INTERDEPARTMENTAL FUND TRANSFERS; PROVIDING
FOR INVESTMENT OF CERTAIN FUNDS; DECLARING AN
EMERGENCY; AND PROVIDING AN EFFECTIVE DATE

WHEREAS, a notice of public hearing on the budget for the City of Grapevine,
Texas for the Fiscal Year 2018- 2019 ( FY 2019) was heretofore published in accordance
with law; and

WHEREAS, a public hearing was duly held and all interested persons were given
an opportunity to be heard for or against any item therein; and

WHEREAS, all constitutional and statutory prerequisites for the approval of the
ordinance have been met, including but not limited to the Open Meetings Act; and

WHEREAS, the City Council deems the adoption of this ordinance is in the
best interests of the health, safety, and welfare of the public.

NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
GRAPEVINE, TEXAS:

Section 1. That all matters stated herein above are true and correct and are
incorporated herein by reference as if copied in their entirety.

Section 2. That the appropriation amounts for the FY2018- 2019 budget for the
different funds of the City of Grapevine are hereby fixed as follows:

General Fund 67, 724, 922
Convention and Visitors Bureau Fund 22, 256, 698
Convention and Visitors Bureau Incentives Fund 5, 286, 581
Stormwater Drainage Fund 1 , 419, 312
Crime Control and Prevention District Fund 17, 688, 130
Lake Parks Special Revenue Fund 2, 755, 632
4B Transit Fund 10, 883, 750
Economic Development Fund 3, 761, 250
Debt Service Fund 15, 989, 541
Utility Enterprise Fund 23, 695, 775
Golf Enterprise Fund 3, 222, 400
General Permanent Capital Maintenance Fund 1, 541, 000
Permanent Street Maintenance Fund 1, 738, 000

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