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Home My WebLink AboutFY 1963-1964 -- Approved Annual Budget BUDGET OF THE CITY OF COLLEGE STATION FISCAL YEAR JULY 1 , 1963 - JUNE 30, 1964 C X 1938 I (<, T ""IIIIIIII ° IIII1 F S COLLEGE STATION THE HOME OF TEXAS A & M UNIVERSITY TABLE OF CONTENTS * * * * * * * * * PART I PAGE City Officials 1 Analysis of Tax Rate 2 Analysis of Tax Levy 3 Delinquent Taxes 4 Estimate of Revenues and Expenditures 5 Budget Summary of Revenues and Expenditures 6 PART II GENERAL FUND Revenues 7 Expenditures - Administrative 8 Police and Fire Department 9 Health and Street Department 10 Miscellaneous and Recreation 11 Retirement of Debt and Bonds and Warrants 12 PART III ELECTRIC FUND Revenues 13 Expenditures - Administrative 13 Operation 14 Maintenance and Repairs 14 New Construction 14 Debt Service 15 PART IV WATER AND SEWER FUND Revenues 16 Expenditures - Administrative 16 Operation 17 TABLE OF CONTENTS (continued) PART IV (continued) PAGE Maintenance and Repairs 17 New Construction 18 Sewage Treatment 18 Debt Service 18 PART V CEMETERY FUND Revenues 19 Expenditures - Administrative 19 Maintenance and New Construction 19 PART VI STATEMENT OF INDEBTEDNESS AND SCHEDULE OF REQUIREMENTS FOR DEBT SERVICE Statement of Indebtedness 20 Schedule of Requirements for Debt Service 21 Schedule of Requirements for Debt Service 22 Schedule of Requirements for Debt Service 23 Schedule of Requirements for Debt Service 21. Schedule of Requirements for Debt Service 25 Schedule of Requirements for Debt Service 26 An Ordinance Adopting a Budget for the 1963-64 Fiscal Year and Authorizing Expenditures as Therein Provided 27 An Ordinance Levying Taxes for the Use and Support of the Municipal Government of the City of College Station and Providing for the Interest and Sinking Fund for the Year 1963-64 and Apportioning Each Levy for the Specific Purpose 28 BUDGET MESSAGE To the Honorable Mayor and City Council City of College Station, Texas Gentlemen: Pursuant to Article 689a-13, Title 20 of the Revised Civil. Statutes of Texas and Article V, Section 46 of the Charter of the City of College Station, there is submitted herewith a budget estimate of the revenues and expenditures of the City of College Station for the fiscal year beginning July 1, 1963 and ending June 30, 1964. The accounting system of your city conforms with the accounting procedure recommended by the National Committee of Municipal Accountants. This proposed budget is in the amount of $603,000.00. This is an increase of $23,000.00 over the 1962-63 budget. Below is a breakdown on increases and decreases in this budget as compared with that of last year. Reference is made to departments and accounts as they appear in our ledger. GENERAL FUND The General Fund ad valorem tax revenues will be increased approxi- mately 82,200.00 based on 97% collection of an assessed valuation of $5,162,965.00 with a tax rate of $1.50 per one hundred dollar valuation. This is the same tax rate that has been used since 1958. The expenditures will be increased by approximately $29,000.00 due to added personnel in the police department and new street construction. ELECTRIC FUND The revenues in the Electric Fund will be increased $17,000.00 due to normal increase in the sale of electric power. The expenditures will be decreased $6,000.00 due to a reduction in the new construction account. WATER AND SEWER FUND The revenues in the Water and Sewer Fund will be increased 36,000.00 due to normal increase in the sale of water. The expenditures will remain about the same. Respectfully submitted, Ran Boswell City Manager CITY OF COLLEGE STATION CITY OFFICIALS CITY COUNCIL Ernest Langford, Mayor J. A. Orr A. P. Boyett Robert R. Rhodes C. W. Landiss A. L. Rosprim Joe H. Sorrels K. A. Manning City Secretary Phillip B. Goode City Judge John L. Sandstedt City Attorney Fred J. Benson City Engineer Dr. T. 0. Walton, Jr. City Health Officer - 1 - CITY OF COLLEGE STATION ANALYSIS OF TAX RATE 1947 1947 1946 Cemetery Public Building Total General Fund Bond Fund Warrants Warrants Tax Rate 1951-52 $ .56 $ .28 x .00 $ .08 0..00 1952-53 .67 .27 .06 1.00 1953-54 .68 .26 .06 1.00 1954-55 .70 .24 .06 1.00 1955-56 .72 .22 .06 1.00 1 1956-57 .75 .20 .05 1.00 (Ni i 1957-58 .77 .19 .04 1.00 1958-59 1.36 .11 .03 1.50 1959-60 1.37 .11 .02 1.50 1960-61 1.37 .11 .02 1.50 1961-62 1.40 .10 1.50 1962-63 1.41 .09 1.50 1963-64 1.37 .13 1.50 CITY OF COLLEGE STATION BUDGET ANALYSIS OF TAX LEVY Current Tax Assessed Tax Collections % Total Collected % Fiscal Year Valuation Rate Tax Levy Fiscal Year Collected as of 6-30-63 Collected Year Ending 1950 $2,302,345.00 $1.00 $23,023.45 $22,149.50 96.2 $22,952.45 99.69 6-30-51 1951 2,427,455.00 1.00 24,274.55 23,281.05 96. 24,127.20 99.39 6-30-52 1952 2,695,530.00 1.00 26,955.30 25,885.22 96.30 26,786.20 99.37 6-30-53 1953 3,038,921.00 1.00 30,389.21 29,059.33 95.62 30,161.91 99.25 6-30-54 1954 3;155,159.00 1.00 31,551.59 30,268.62 95.93 31,234.66 99. 6-30-55 i 1955 3,297,260.00 1.00 32,972.60 31,714.51 96.18 32,727.77 99.26 6-30-56 1 1956 3,594,733.00 1.00 35,947.33 35,143.05 97.76 35,713.35 99.35 6-30-57 1957 3,863,948.00 1.00 38,639.48 37,607.50 97.33 38,315.25 99.16 6-30-58 1958 4,062,455.00 1.50 61,280.46 59,691.00 97.40 60,756.91 99.15 6-30-59 1959 4,399,270.00 1.50 65,996.64 63,864.91 96.77 65,371.75 99.05 6-30-60 1960 4,672,600.00 1.50 70,089.50 67,368.63 96.12 69,157.21 98.67 6-30-61 1961 4,850,029.00 1.50 72,750.96 70,105.47 96.36 71,485.34 98.26 6-30-62 1962 5,021,445.00 1.50 75,322.24 72,546.45 96.31 72,546.45 96.31 6-30-63 CITY OF COLLEGE STATION BUDGET DELINQUENT TAXES 1939 $ 16.98 1940 34.80 1941 27.52 1942 7.20 1943 5.50 1944 12.40 1945 7.01 1946 10.46 1947 15.94 1948 19.44 1949 36.19 1950 71.00 1951 147.35 1952 169.10 1953 227.30 1954 316.93 1955 244.83 1956 233.98 1957 324.23 1958 523.55 1959 624.89 1960 932.29 1961 1,265.62 1962 27775.79 $8,050.30 Less Reserve for Uncollectible Taxes 3,400.00 Taxes Receivable Net $4,650.30 4 CITY OF COLLEGE STATION BUDGET ESTIMATED REVENUES & EXPENDITURES ALL FUNDS FISCAL YEAR 1963 - 1964 Fund Revenues Expenditures General $116,225.00 $250,642.34 Electric 340,000.00 227,558.33 Water & Sewer 144,300.00 122,324.33 Cemetery 2,511.00 2,511.00 $603,036.00 $603,036.00 - 5 - CITY OF COLLEGE STATION BUDGET SUMMARY REVENUES & EXPENDITURES Estimated 1962-63 Proposed 1963-64 Revenues Expenditures Revenues Expenditures GENERAL FUND: Ad Valorem Tax $ 75,500.00 $ $ 76,600.00 $ All Other 38,975.00 39,625.00 Administrative 36,598.45 39,153.34 Police Department 27,515.00 32,785.00 Fire Department 10,410.00 10,410.00 Health Department 24,400.00 25,850.00 Street Department 76,920.00 90,868.00 Miscellaneous 12,000.00 13,200.00 Recreation Fund 2,800.00 3,500.00 Equipment Replacement Fund 3,600.00 4,800.00 Two-Way Radio Equipment 2,600.00 Property for City Buildings 2,500.00 Contingent Fund 7,690.00 5,341.00 Retirement of Debt 17,365.00 22,135.00 TOTAL GENERAL FUND $114,475.00 $221,798.45 $116,225.00 $250,642.34 ELECTRIC FUND: Administrative $ $ 10,343.33 $ $ 12,043.33 Operation 323,894.50 148,800.00 340,000.00 157,165.00 Maintenance & Repairs 19,400.00 20,150.00 New Construction 42,000.00 23,000.00 Debt Service 13,000.00 15,200.00 TOTAL ELECTRIC FUND $323,894.50 $233,543.33 $340,000.00 $227,558.33 WATER AND SEWER FUND: Administrative $ $ 10,893.33 $ $ 12,593.33 Operation 138,700.00 42,126.00 144,300.00 44,141.00 Maintenance & Repairs 32,480.00 34,300.00 New Construction 16,500.00 12,500.00 Sewage Treatment 6,660.00 6,760.00 Debt Service 13,430.00 12,030.00 TOTAL WATER & SEWER FUND $138,700.00 $122,089.33 $144,300.00 $122,324.33 CEMETERY FUND: Administrative $ $ 1,290.94 $ $ 1,400.00 Operation 1,661.00 2,511.00 Maintenance & Repairs 700.00 950.00 New Construction 753.50 161.00 TOTAL CEMETERY FUND $ 1,661.00 $ 2,744.44 $ 2,511.00 $ 2,511.00 $578,730.50 $580,175.55 $603,036.00 $603,036.00 _ 6 _ ANNUAL BUDGET * * * * * * * 9F * * * * PART II * * * * * 4 GENERAL FUND DETAILED REVENUES AND EXPEND I T U R E S CITY OF COLLEGE STATION BUDGET GENERAL FUND Actual Estimated Proposed 1961-62 1962-63 1963-64 REVENUES: Tax Revenue $ 70,105.47 $ 72,750.00 $ 75,400.00 Tax Revenue Delinquent 1,241.73 3,000.00 1,200.00 Penalty & Int. on Delinquent Taxes 284.12 600.00 300.00 License 72.50 90.00 100.00 Occupational Taxes 545.00 560.00 600.00 Franchise Tax 9,457.85 7,800.00 8,000.00 Animal Licenses 238.00 300.00 300.00 Court Fines 1,798.00 2,800.00 3,000.00 Inspection Fees 504.00 800.00 800.00 Building Permits 1,118.00 1,800.00 1,800.00 Garbage Charge 22,547.84 23,000.00 23,500.00 Miscellaneous 735.80 1,100.00 1,100.00 Fees & Issuing Tax Certificates 115.00 125.00 125.00 $108,763.31 $114,725.00 $116,225.00 - 7 - CITY OF COLLEGE STATION BUDGET GENERAL FUND Actual Estimated Proposed 1961-62 1962-63 1963-64 EXPENDITURES: ADMINISTRATIVE: Mayor and Council $ 28.20 $ 100.00 $ 100.00 Auditing and Legal 796.17 1,100.00 800.00 Director of Finance 1,860.00 1,860.00 1,960.00 City Manager 3,333.34 3,333.34 3,533.34 Elections 83.63 210.61 100.00 Corporation Court Expense 600.00 750.00 900.00 Office Salaries 2,271.48 2,460.00 2,760.00 Other Office Expense 1,149.93 1,500.00 1,500.00 Tax Expense 347.04 400.00 400.00 Car Expense ' 82.05 100.00 100.00 Texas Municipal League 406.75 584.50 600.00 Capital Outlay 337.31 400.00 2,000.00 Special Engineering Service 17,899.48 18,000.00 18,000.00 Utilities 400.00 Municipal Retirement & Social Security 5,783.45 5,800.00 6,000.00 $ 34,978.83 $ 36,598.45 $ 39,153.34 - 8 - CITY OF COLLEGE STATION BUDGET GENERAL FUND Actual Estimated Proposed 1961-62 1962-63 1963-64 POLICE DEPARTMENT: Signs and Signals $ 535.42 $ 1,150.00 $ 1,200.00 Auto Maintenance 1,975.27 2,000.00 2,000.00 Chief of Police Salary 5,580.00 5,580.00 5,880.00 Policemen 16,575.00 17,460.00 22,380.00 Capital Outlay Miscellaneous 1,362.00 700.00 700.00 Radio Service - City of Bryan 345.00 400.00 400.00 City's Share of School Patrolman 212.50 225.00 225.00 $ 26,585.19 $ 27,515.00 $ 32,785.00 FIRE DEPARTMENT: Payment to A. & M. College $ 730.00 $ 1,200.00 $ 1,200.00 Cutting Grass & Trash Removal - Salaries & Equipment Expense 5,542.78 6,100.00 6,100.00 Firemen's Salaries 1,270.00 2,000.00 2,000.00 Insurance - Firemen and Fire Trucks 751.00 750.00 750.00 Miscellaneous 265.25 300.00 300.00 Capital Outlay Fire Plug 50.00 60.00 60.00 $ 8,609.03 $ 10,410.00 $ 10,410.00 - 9 - CITY OF COLLEGE STATION BUDGET GENERAL FUND Actual Estimated Proposed 1961-62 1962-63 1963-64 HEALTH DEPARTMENT: Contribution to County Health Unit $ 2,541.45 $ 4,200.00 $ 4,200.00 Refuse Collection: Disposal Grounds 3,300.00 3,750.00 4,200.00 Salaries 13,810.05 14,500.00 15,500.00 Capital Outlay Mosquito Control 300.00 100.00 100.00 Truck Expense 2,002.23 1,600.00 1,600.00 Miscellaneous 492.98 250.00 250.00 $ 22,446.71 $ 24,400.00 $ 25,850.00 STREET DEPARTMENT: Maintenance & Repairs: Salaries $ 13,516.00 $ 15,170.00 $ 17,118.00 Material 6,954.64 10,000.00 10,000.00 Equipment Expense 2,887.50 2,500.00 2,500.00 Warehouse Expense 192.74 250.00 250.00 New Construction: Drainage - Bridges 8,463.00 500.00 500.00 Capital Outlay City's Share of Paving 45,011.36 48,000.00 60,000.00 Street Lighting 513.05 500.00 500.00 Right-of-Way 345.00 $ 77,883.29 $ 76,920.00 $ 90,868.00 - 10 - CITY OF COLLEGE STATION BUDGET GENERAL FUND Actual Estimated Proposed 1961-62 1962-63 1963-64 MISCELLANEOUS: City's Share of Library Expense $ 400.00 $ 400.00 $ 400.00 Travel 2,158.98 2,000.00 2,000.00 Insurance and Bonds 2,747.87 3,000.00 3,000.00 Miscellaneous 1,745.77 1,500.00 1,500.00 Youth Developing Counseling Service 3,600.00 3,600.00 4,800.00 Maintenance & Repairs Bldg. and Custodian 2,093.36 1,500.00 1,500.00 $ 12,745.98 $ 12,000.00 $ 13,200.00 RECREATION AND PARKS: Maintenance and Utilities - Parks $ 139.13 $ 300.00 $ 1,000.00 Recreation Council: Instructor 1,315.00 1,815.00 1,815.00 Equipment 435.00 685.00 685.00 4,;; 1,889.13 $ 2,800.00 S 3,500.00 EQUIPMENT REPLACEMENT FUND $ 3,600.00 $ 3,600.00 $ 4,800.00 TWO-WAY RADIO EQUIPMENT , $ 2,600.00 AREA PLANNING $ 2,765.66 $ PROPERTY FOR CITY BUILDINGS $ 10,000.00 $ 2,500.00 $ CONTINGENT FUND $ 7,536.00 $ 7,690.00 $ 5,341.00 - 11 - CITY OF COLLEGE STATION BUDGET GENERAL FUND Actual Estimated Proposed 1961-62 1962-63 1963-64 RETIREMENT OF DEBTS: Notes and Contracts: College Station State Bank $ 6,000.00 $ 8,000.00 $ 10,000.00 Municipal Building Property 2,500.00 Parking Lot 2,000.00 750.00 750.00 Interest - Notes and Contracts 1,845.86 1,700.00 2,150.00 $ 9,845.86 $ 10,450.00 $ 15,400.00 BONDS AND WARRANTS: Public Building Warrants $ 750.00 S $ Water and Sewer (1946) 5,000.00 6,000.00 6,000.00 Electric (1946) 1,000.00 Interest - Bonds and Warrants 718.44 900.00 720.00 Commission Expense - Bonds 27.05 15.00 15.00 $ 7,495.49 $ 6,915.00 $ 6,735.00 $226,381.17 $221,798.45 $250,642.34 12 - ANNUAL BUDGET is * * * * * * * * * * * PART III * * * * * * * UTILITY SECTION * * * * * * * * * * * * * * ELECTRIC CITY OF COLLEGE STATION BUDGET ELECTRIC FUND Actual Estimated Proposed 1961-62 1962-63 1963-64 REVENUES: Electric Sales $275,572.92 $320,000.00 $336,000.00 Penalties Collected 1,993.28 1,800.00 1,800.00 Temporary Services 135.00 200.00 200.00 Pole Rental 1,845.00 1,894.50 2,000.00 $279,546.20 $323,894.50 $340,000.00 EXPENDITURES: ADMINISTRATIVE: City Manager Salary $ 3,333.33 $ 3,333.33 $ 3,533.33 Director of Finance 1,860.00 1,860.00 1,960.00 Audit and Legal 796.17 1,100.00 800.00 Telephone and Utilities 1,234.86 1,500.00 1,500.00 Auto Expense 83.03 100.00 100.00 Capital Outlay 476.70 300.00 2,000.00 Insurance 581.14 650.00 650.00 Office Supplies 1,150.27 1,500.00 1,500.00 $ 9,515.50 $ 10,343.33 $ 12,043.33 - 13 - CITY OF COLLEGE STATION BUDGET ELECTRIC FUND Actual Estimated Proposed 1961-62 1962-63 1963-64 OPERATION: Salaries: Billing Clerk $ 1,558.61 $ 1,290.00 $ 1,380.00 Clerk 1,428.05 1,200.00 1,200.00 Utility Clerk 2,040.00 2,040.00 2,190.00 Meter Reader 940.08 1,020.00 1,095.00 Special Engineering Service 37.50 600.00 600.00 Power Cost 123,404.00 142,000.00 150,000.00 Billing Cost 581.14 650.00 700.00 $129,989.38 $148,800.00 $157,165.00 MAINTENANCE AND REPAIRS: Salaries $ 15,176.45 $ 16,600.00 $ 17,300.00 Material 1,801.56 2,000.00 2,000.00 Truck Expense 700.58 600.00 650.00 Warehouse Expense 192.73 200.00 200.00 $ 17,871.32 $ 19,400.00 $ 20,150.00 NEW CONSTRUCTION: Salaries and Material $ 6,597.79 $ 20,000.00 $ 8,000.00 Meters 2,394.92 4,000.00 4,000.00 Transformers 6,597.79 18,000.00 11,000.00 General Equipment $ 15,590.50 $ 42,000.00 $ 23,000.00 - 14 - CITY OF COLLEGE STATION BUDGET ELECTRIC FUND Actual Estimated Proposed 1961-62 1962-63 1963-64 DEBT SERVICE: Debt Retirement: Interest & Sinking Fund Require- ments - Revenue Bond Series 1955 $ 13,100.00 $ 13,000.00 $ 13,000.00 Interest & Sinking Fund Require- ments - Revenue Bond Series 1962 2,200.00 $ 13,100.00 $ 13,000.00 $ 15,200.00 $186,066.70 $233,543.33 $227,558.33 - 15 - ANNUAL BUDGET PART IV * * * * UTILITY SECTION * * * * * 3. * * * * * * * * WATER AND SEWER CITY OF COLLEGE STATION BUDGET WATER AND SEWER FUND Actual Estimated Proposed 1961-62 1962-63 1963-64 REVENUES: Water Sales $ 85,557.90 $ 96,000.00 $100,800.00 Sewer Sales 34,017.50 35,500.00 36,000.00 Total Water & Sewer Revenue $119,575.40 $131,500.00 $136,800.00 Tapping Fees - Water and Sewer $ 3,839.50 $ 6,000.00 $ 6,300.00 Customers Penalty 698.87 1,200.00 1,200.00 $ 4,538.37 $ 7,200.00 $ 7,500.00 $124,113.77 $138,700.00 $144,300.00 EXPENDITURES: ADMINISTRATIVE: City Manager Salary $ 3,333.33 $ 3,333.33 $ 3,533.33 Director of Finance 1,860.00 1,860.00 1,960.00 Audit and Legal 796.16 1,100.00 800.00 Telephone and Utilities 1,592.79 1,500.00 1,500.00 Auto Expense - City Manager 83.03 100.00 100.00 Capital Outlay 300.00 2,000.00 Insurance 1,137.52 1,200.00 1,200.00 Office Supplies 1,157.57 1,500.00 1,500.00 $ 9,960.40 $ 10,893.33 $ 12,593.33 - 16 - CITY OF COLLEGE STATION BUDGET WATER AND SEWER FUND Actual Estimated Proposed 1961-62 1962-63 1963-64 OPERATION: Salaries: Billing Clerk $ 1,558.62 $ 1,290.00 $ 1,380.00 Clerk 1,428.04 1,200.00 1,200.00 Utility Clerk 2,040.00 2,040.00 2,190.00 Meter Reader 940.08 1,020.00 1,095.00 Water Cost 29,339.33 34,000.00 35,700.00 Billing Cost 593.26 700.00 700.00 Sewer Disposal Rent 276.00 276.00 276.00 Sewer Rent - Bryan 1,569.36 1,600.00 1,600.00 $ 37,744.69 $ 42,126.00 $ 44,141.00 MAINTENANCE & REPAIRS: Water Lines: Salaries $ 13,936.80 $ 16,000.00 $ 17,500.00 Material 3,489.33 3,500.00 3,500.00 Warehouse Expense 192.73 200.00 200.00 Truck Expense 1,409.71 1,200.00 1,200.00 $ 19,028.57 $ 20,900.00 $ 22,400.00 Sewer Lines: Salaries $ 9,131.20 $ 9,180.00 $ 9,500.00 Material 1,474.22 1,000.00 1,000.00 Truck Expense 1,375.66 1,400.00 1,400.00 $ 11,981.08 $ 11,580.00 $ 11,900.00 TOTAL MAINTENANCE AND REPAIRS $ 31,009.65 $ 32,480.00 $ 34,300.00 - 17 - CITY OF COLLEGE STATION BUDGET WATER AND SEWER FUND Actual Estimated Proposed 1961-62 1962-63 1963-64 NEW CONSTRUCTION: Water: Salaries and Material S 2,306.41 $ 8,000.00 $ 4,000.00 Meters 2,458.90 4,000.00 4,000.00 Sewer: Salaries and Material 1,677.39 2,000.00 2,000.00 Tapping Expense 1,772.11 2,500.00 2,500.00 $ 8,214.81 $ 16,500.00 $ 12,500.00 SEWAGE TREATMENT: Salaries $ 4,260.00 $ 4,260.00 $ 4,560.00 Maintenance: Buildings, Grounds & Equipment 1,090.88 700.00 500.00 Utilities 1,636.56 1,700.00 1,700.00 $ 6,987.44 $ 6,660.00 $ 6,760.00 DEBT SERVICE: Debt Retirement: Interest & Sinking Fund Require- ments - Revenue Bond - Series 1951 $ 6,175.00 $ 6,100.00 $ 6,000.00 Interest & Sinking Fund Require- ments - Revenue Bond - Series 1955 7,430.00 7,330.00 6,030.00 $ 13,605.00 $ 13,430.00 $ 12,030.00 $107,521.99 $122,089.33 $122,324.33 - 18 - ANNUAL BUDGET * * * * * * * ** * * * PART V * * * * * CEMETERY FUND CITY OF COLLEGE STATION BUDGET CEMETERY FUND Actual Estimated Proposed 1961-62 1962-63 1963-64 REVENUES: Sale of Property $ 1,883.26 $ 1,000.00 $ 1,800.00 Opening Graves 350.00 300.00 350.00 Donations 25.00 25.00 25.00 Interest on Bonds 306.74 336.00 336.00 $ 2,565.00 $ 1,661.00 $ 2,511.00 EXPENDITURES: ADMINISTRATIVE: Perpetual Care Fund Transfer $ 660.47 $ 350.00 $ 400.00 Capital Outlay 940.94 1,000.00 $ 660.47 $ 1,290.94 $ 1,400.00 MAINTENANCE: Labor $ 148.50 $ 600.00 $ 800.00 Landscaping 48.00 100.00 150.00 Equipment Expense 9.75 $ 206.25 $ 700.00 $ 950.00 NEW CONSTRUCTION: Material $ $ 753.50 $ 161.00 $ 866.72 $ 2,744.44 $ 2,511.00 - 19 - ANNUAL BUDGET * * * * * * * * * * * * PART VI * * * * STATEMENT OF INDEBTEDNESS AND SCHEDULE OF REQUIRE - MENTS FOR DEBT SERVICE CITY OF COLLEGE STATION STATEMENT OF INDEBTEDNESS AS OF JUNE 30, 1963 Original Interest Amount Payments 1963-64 Date Debt Rate Unpaid Interest Principal NOTES & CONTRACTS: College Station State Bank 1959 $ 10,500.00 4% $ 7,000.00 $ 280.00 $ 1,000.00 1960 40,000.00 4% 28,000.00 1,120.00 9,000.00 E. M. White, Sr. 1962 7,500.00 6% 7,500.00 450.00 2,500.00 BONDS & WARRANTS: Water & Sewer (1946) 1946 85,000.00 2, 2 3/4, 3% 24,000.00 720.00 6,000.00 Water Works & Sewer System 2 1/2, 2 3/4, Revenue Bonds (1951) 1951 60,000.00 3% 46,000.00 1,365.00 2,000.00 1 Water Works & Sewer System o Revenue Bonds (1951) 1951 30,000.00 3 1/2% 16,000.00 560.00 2,000.00 N 1 Water Works & Sewer System Revenue Bonds (1955) 1955 110,000.00 2 3/4, 3 1/2% 91,000.00 3,027.50 3,000.00 Electric Light & Power System 2 3/4, 3, Revenue Bonds (1955) 1955 265,000.00 3 1/4% 220,000.00 6,602.50 7,000.00 Electric Light & Power System Revenue Bonds (1962) 1962 35,000.00 2.90% 35,000.00 1,015.00 TOTAL PRESENT INDEBTEDNESS ;,..43,000.00 $474,500.00 $ 15,140.00 $ 32,500.00 SCHEDULE OF REQUIREMENTS FOR DEBT SERVICE BONDS AND WARRANTS WATER & SEWER 1946 $85,000 Fiscal Payments Annual Year Principal Interest Total 63 - 64 86,000 $720.00 $6,720.00 64 - 65 6,000 540.00 6,540.00 65 - 66 6,000 360.00 6,360.00 66 - 67 6,000 180.00 6,180.00 ?1 SCHEDULE OF REQUIREMENTS FOR DEBT SERVICE WATERWORKS AND SEWER SYSTEM REVENUE BONDS $60,000 Issue dated February 1, 1951 Option February 1, 1966 Fiscal Bond Payment Annual Year No. Principal Interest Total 63 - 64 15 - 16 $2,000.00 $1,365.00 $3,365.00 64 - 65 17 - 18 2,000.00 1,310.00 3,310.00 65 - 66 19 - 20 2,000.00 1,255.00 3,255.00 66 - 67 21 - 22 2,000.00 1,200.00 3,200.00 67 - 68 23 - 24 2,000.00 1,140.00 3,140.00 68 - 69 25 - 26 2,000.00 1,080.00 3,080.00 69 - 70 27 - 28 2,000.00 1,020.00 3,020.00 70 - 71 29 - 30 2,000.00 960.00 2,960.00 71 - 72 31 - 33 3,000.00 900.00 3,900.00 72 - 73 34 - 36 3,000.00 810.00 3,810.00 73 - 74 37 - 39 3,000.00 720.00 3,720.00 74 - 75 40 - 42 3,000.00 630.00 3,630.00 75 - 76 43 - 45 3,000.00 540.00 3,540.00 76 - 77 46 - 48 3,000.00 450.00 3,450.00 77 - 78 49 - 51 3,000.00 360.00 3,360.00 78 - 79 52 - 54 3,000.00 270.00 3,270.00 79 - 80 55 - 57 3,000.00 180.00 3,180.00 80 - 81 58 - 60 3,000.00 90.00 3,090.00 - 22 - SCHEDULE OF REQUIREMENTS FOR DEBT SERVICE WATERWORKS AND SEWER SYSTEM REVENUE BONDS $30,000 Issue dated August 1, 1951 Option August 1, 1966 Fiscal Bond Payment Annual Year No. Principal Interest Total 63 - 64 15 - 16 $2,000.00 $560.00 $2,560.00 64 - 65 17 - 18 2,000.00 490.00 2,490.00 65 - 66 19 - 20 2,000.00 420,00 2,420.00 66 - 67 21 - 22 2,000.00 350.00 2,350.00 67 - 68 23 - 24 2,000.00 280.00 2,280.00 68 - 69 25 - 26 20000.00 210.00 2,210.00 69 - 70 27 - 28 2)000.00 140.00 2,140.00 70 - 71 29 - 30 2,000.00 70.00 2,070.00 - 23 - SCHEDULE OF REQUIREMENTS FOR DEBT SERVICE WATERWORKS AND SEWER SYSTEM REVENUE BONDS (Series 1955) $110,000 Issue dated February 1, 1955 Option February 1, 1970 Fiscal Bond Payment Annual Year No. Principal Interest Total 63 - 64 20 - 22 $3,000.00 $3,027.50 $6,027.50 64 - 65 23 - 25 3,000.00 2,945.00 5,945.00 65 - 66 26 - 28 3,000.00 2,862.50 5,862.50 66 - 67 29 - 31 3,000.00 2,780.00 5,780.00 67 - 68 32 - 34 3,000.00 2,697.50 5,697.50 68 - 69 35 - 37 3,000.00 2,615.00 5,615.00 69 - 70 38 - 40 3,000.00 2,532.50 5,532.50 70 - 71 41 - 44 4,000.00 2,450.00 6,450.00 71 - 72 45 - 48 4,000.00 2,310.00 6,310.00 72 - 73 49 - 52 4,000.00 2,170.00 6,170.00 73 - 74 53 - 56 4,000.00 2,030.00 6,030.00 74 - 75 57 - 60 4,000.00 1,890.00 5,890.00 75 - 76 61 - 64 4,000.00 1,750.00 5,750.00 76 - 77 65 - 68 4,000.00 1,610.00 5,610.00 77 - 78 69 - 72 4,000.00 1,470.00 5,470.00 78 - 79 73 - 77 5,000.00 1,330.00 6,330.00 79 - 80 78 - 82 5,000.00 1,155.00 6,155.00 80 - 81 83 - 87 5,000.00 980.00 5,980.00 81 - 82 88 - 92 5,000.00 805.00 5,805.00 82 - 83 93 - 101 9,000.00 630.00 9,630.00 83 - 84 102 - 110 9,000.00 314.50 9,314.50 - 24 - SCHEDULE OF REQUIREMENTS FOR DEBT SERVICE ELECTRIC LIGHT AND POWER SYSTEM REVENUE BONDS (Series 1955) $265,000 Issue dated February 1, 1955 Option February 1, 1970 Fiscal Bond Payment .Annual Year No. Principal Interest Total 63 - 64 46 - 52 $ 7,000.00 $6,602.50 $13,602.50 64 - 65 53 - 60 8,000.00 6,410.00 14,410.00 65 - 66 61 - 68 8,000.00 6,190.00 14,190.00 66 - 67 69 - 76 8,000.00 5,970.00 13,970.00 67 - 68 77 - 85 9,000,00 5,750.00 14,750.00 68 - 69 86 - 94 99000,00 5,502.50 14,502.50 69 - 70 95 - 103 9,000.00 5,255.00 14,255.00 70 - 71 104 - 112 9,000.00 5,007.50 14,007.50 71 - 72 113 - 122 10,000.00 4,760.00 14,760.00 72 - 73 123 - 132 10,000.00 4,485.00 14,485.00 73 - 74 133 - 142 10,000.00 4,185.00 14,185.00 74 - 75 143 - 153 11,000.00 3,885.00 14,885.00 75 - 76 154 - 164 11,000.00 3,555.00 14,555.00 76 * 77 165 - 175 11,000.00 3,225.00 14,225.00 77 - 78 176 - 187 12,000.00 2,895.00 14,895.00 78 - 79 188 - 199 12,000.00 2,535.00 14,535.00 79 - 80 200 - 211 12,000.00 2,145.00 14,145.00 80 - 81 212 - 224 13,000,00 1,755.00 14,755.00 81 - 82 225 - 237 13,000.00 1)332.50 14,332.50 82 - 83 238 - 251 14,000.00 910.00 14,910.00 83 - 84 252 - 265 14,000.00 505.00 14,505.00 - 25 - SCHEDULE OF REQUIREMENTS FOR DEBT SERVICE ELECTRIC LIGHT AND POWER SYSTEM REVENUE BONDS (Series 1962) $35,000 Issue dated August 1, 1962 Option None Fiscal Bond Payment Annual Year No. Principal Interest Total 62 - 63 $ $ 507.50 $ 507.50 63 - 64 1,015.00 1,015.00 64 - 65 1 5,000.00 1,015.00 6,015.00 65 - 66 2 5,000.00 870.00 5,870.00 66 - 67 3 5,000.00 725.00 5,725.00 67 - 68 4 5,000.00 580.00 5,580.00 68 - 69 5 5,000.00 435.00 5,435.00 69 - 70 6 5,000.00 290.00 5,290.00 70 - 71 7 5,000.00 145.00 5,145.00 - 26 - ORDINANCE NO. 372 AN ORDINANCE ADOPTING A BUDGET FOR THE 1963-64 FISCAL YEAR AND AUTHORIZING EXPENDITURES AS THEREIN PROVIDED. BE IT ORDAINED by the City Council of the City of College Station, Texas: WHEREAS a proposed budget for the fiscal year, July 1, 1963, to June 30, 1964, was prepared and a public hearing held thereon as prescribed by law, now, THEREFORE, 1. The aforesaid proposed budget, a copy of which is attached hereto and made a part hereof, is hereby adopted. 2. Authorization is hereby granted for the expenditure of the sums under the respective items contained in said budget in accord- ance with the approved fiscal procedures of the City. Passed and approved this the 27th day of May, 1963, A. D. APPROVED: S/J. A. Orr Mayor Pro-tem ATTEST: S/K. A. Manning City Secretary - 27 - ORDINANCE NO. 373 AN ORDINANCE LEVYING TAXES FOR THE USE AND SUPPORT OF THE MUNICIPAL GOVERN- MENT OF THE CITY OF COLLEGE STATION AND PROVIDING FOR THE INTEREST AND SINK- ING FUND FOR THE YEAR 1963-64 AND APPORTIONING EACH LEVY FOR THE SPECIFIC PURPOSE. BE IT ORDAINED by the City Council of the City of College Station, Texas: Section I. That there is hereby levied- and there shall be collected for the use and support of the municipal government of the City of College Station, and to provide Interest and Sinking Fund for the year nineteen hundred and sixty-three upon all property, real, personal and mixed, within the corporate limits of said City subject to taxation, a tax of One Dollar and Fifty Cents (41.50) on each One Hundred Dollar (4100.00) valuation of property, said tax being so levied and apportioned to the specific purpose herein set forth: (1) For the maintenance and support of the general government (General Fund), One Dollar and Thirty-seven Cents ($1.37) on each One Hundred Dollar (4100.00) valuation of property, and (2) For the interest and sinking fund, Thirteen Cents (130) on each One Hundred Dollar (4100.00) valuation of property to be apportioned as follows: Water and Sewer Bonds, Voted 1946. Section II. There is hereby levied and there shall be collected from every person, firm, association, or corporation pursuing any occupation taxed by the General Laws of the State of Texas, an annual occupation tax equal in each instance to one-half of the State occupation tax, which said taxes shall be paid annually in advance except where otherwise provided by the State Laws, in which event the same may be paid as is provided by the State Law. Section III. All monies collected under this ordinance for the specific items therein named, shall be and the same are hereby appropriated and set apart for the specific purpose indicated in each item and the Assessor and Collector of Taxes, and the Director of Finance shall keep these accounts so as to readily and distinctly show the amount collected, the amounts expended and the amount on hand at any time, belonging to such funds. It is hereby made the duty of the Tax Assessor and Collector to deliver to the Director of Finance at the time of depositing any monies, a statement showing to what fund such deposit should be made and from what source received. All receipts for the City not specifically apportioned by this ordinance are hereby made payable to the General Fund of the City. Section IV. That this ordinance shall take effect and be in force from and after its passage. PASSED AND APPROVED this the 27th day of May, 1963, A. D. APPROVED: ATTEST: SAT. A. Orr S/K. A. Manning Mayor Pro-tem City Secretary - 28 -