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1994-160~:\ADOPT.BUD AN ORDINANCE ADOPTING THE BUDGET FOR THE CITY OF DENTON, TEXAS, FOR THE FISCAL YEAR BEGINNING ON OCTOBER 1, 1994, AND ENDING ON SEPTEM- BER 30, 1995; AND DECLARING AN EFFECTIVE DATE. WHEREAS, notice of a public hearing on the budget for the city of Denton, Texas, for the fiscal year 1994-95 was heretofore pub- lished at least fifteen (15) days in advance of said public hear- ing; and WHEREAS, a public hearing on the said budget was duly held on the 23rd day of August, 1994, and all interested persons were given an opportunity to be heard for or against any item thereof; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION I. That the budget for the city of Denton, Texas for the fiscal year beginning on October 1, 1994, and ending on September 30, 1995 prepared by the city Manager and filed with the City Secretary, as amended by the city Council, is hereby approved and adopted, a copy of which budget is attached hereto and incorporated by reference herein. ~ That the City Council hereby appropriates from available resources to the following funds: General Fund $32,740,040 Recreation Fund 647,335 General Debt Service Fund 4,805,679 Electric Fund 71,332,308 Water Fund 14,317,568 Wastewater Fund 9,244,427 sanitation Fund 5,644,669 Fleet Services Fund 2,413,893 Warehouse Fund 4,355,607 Motor Pool Fund 2,563,806 Total $148,065,332 SECTION III. That the city Manager is hereby authorized to transfer the amounts of money for employee benefit and salary adjustments as contained in the 1994-95 budget to the various departments. SECTION IV. That the city Manager shall cause copies of the budget to be filed with the city Secretary and County Clerk of Denton County. SECTION V. That this ordinance shall become effective immed- iately upon its passage an~ appro?~ f~ PASSED AND APPROVED this the/_~day o 1994. BOB CASTLEBERRY, MAYO~ ~ . ATTEST: JENNIFER WALTERS, CITY SECRETARY BY: ~ APPROVED AS TO LEGAL FORM: DEBRA A. DRAYOVITCH, CITY ATTORNEY PAGE 2