The URL can be used to link to this page

Home My WebLink AboutFY 1969-1970 -- Approved Annual Budget BUDGET OF THE CITY OF COLLEGE STATION FISCAL YEAR JULY 1 , 1969 - JUNE 30 , 1970 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 UTILITY FUND Revenues 13 Expenditures - Administrative 13 Operation 14 Maintenance and. Repairs 14 Sewage Treatment 15 Capital Outlay 15 Debt Service 16 PART IV CEMETERY FUND Revenues 17 Expenditures - Administrative 17 Maintenance and New Construction 17 TABLE OF CONTENTS (continued) PART V PAGE STATEMENT OF INDEBETEDNESS AND SCHEDULE OF REQUIREMENTS FOR DEBT SERVICE Statement of Indebtedness lg Schedule of Requirements for Debt Service 19 Schedule of Requirements for Debt Service 20 Schedule of Requirements for Debt Service 21 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 1969-70 and Apportioning Each Levy for the Specific Purpose 22 An Ordinance Adopting a Budget for the 1969-70 Fiscal Year and Authorizing Expenditures as Therein Provided 23 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, 1969 and ending June 30, 1970. This proposed budget is in the amount of $1,358,475.00. This is an • increase of $129,219.00 over the 1968-69 budget. Below is a breakdown on increases and decreases in this budget as compared with that of last year. GENERAL FUND The ad valorem tax revenue will be increased approximately $17,000.00 based on 97% collection of an assessed valuation of $20,000,000.00 with a tax rate of $0.75 per one hundred dollar valuation. By council action the tax rate has been lowered from $1.50 to $0.75 per one hundred dollar assessed valuation. At the same time the valuation has been raised from 20% to 40% of true value. Other revenue will be increased in the amount of 856,863.00 due to increases in city sales tax, franchise tax, court fines, and garbage charge. The expenditures will be increased by G92,600.00 due to salary adjust- ments, new fire station operation for six months, parks and recreation, and general obligation bond debt service. UTILITY FUND ELECTRIC. WATER AND SEWER The revenue in the Utility Fund will be increased $198,000.00 due to normal increase in the sales of electric power, water and sewage service charges. The expenditures will be increased by $25,000.00 due to the following items: (1) $29,000.00 additional power and water cost (2) $16,000.00 maintenance and repairs, Electric, Water, and Sewer Departments (3) $20,000.00 decrease due to reduction in Capital Outlay Account. As College Station continues to grow, demand for services increases accordingly. We are aware of this demand and are always striving to render the type Serv3 ce that our people might reaF.oriably expect. �imbmitted, Ran Boswell City Manager RB/fn ANNUAL BUDGET * * * * * * * * * * * * PART I * * * * * SUMMARIES * * * * * is * * * CITY OF COLLEGE STATION CITY OFFICIALS CITY COUNCIL D. A. Anderson, Mayor Bill J. Cooley Joseph H. McGraw Dan R. Davis James H. Dozier 0. M. Holt C. H. Ransdell Lynda Swoveland City Secretary Phillip B. Goode City Judge Don Dillon City Attorney Dr. T. 0. Walton, Jr. City Health Officer - 1 - CITY OF COLLEGE STATION ANALYSIS OF TAX RATE 1947 1946 1968 Public Building Total General Fund Bond Fund Bond Fund Warrants Tax Rate 1955-56 $ .72 $ .22 $ $ .06 $1.00 1956-57 .75 .20 .05 1.00 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 ► cv 1961-62 1.40 .10 1.50 1 1962-63 1.41 .09 1.50 1963-64 1.37 .13 1.50 1964-65 1.38 .12 1.5o 1965-66 1.40 .10 1.50 1966-67 1.41 .09 1.50 1967-68 1.50 1.50 1968-69 1.19 .31 1.50 1969-70 .48 .27 .75 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 6-30-69 Collected Year Ending 1956 $ 3,594,733.00 $1.00 $ 35,947.33 $ 35,143.05 97.76 $ 35,803.28 99.60 6--30-57 1957 3,863,948.00 1.00 38,639.48 37,607.50 97.33 38,426.33 99.45 6-30-58 1958 4,062,455.00 1.50 61,280.46 59,691.00 97.40 60,968.95 99.49 6-30-59 1959 4,399,270.00 1.50 65,996.64 63,864.91 96.77 65,655.12 99.48 6-30-60 1960 4.,672,600.00 1.50 70,089.50 67,368.63 96.12 69,673.34 99.41 6-30-61 1961 4,850,029.00 1.50 72,750.96 70,105.47 96.36 72,234.14 99.29 6-30-b2 ' 1962 5,021,445..00 1.50 751322..24 72,546.45 96.31 74,721.80 99.20 6-30-63 1963 5,177,020.00 1.50 77,655..30 74,650.26 96.13 76,813.05 98.92 6-30-64 1964 5,705,484.00 1.50 85,582.83 83,073.29 97.07 84,811.59 99.10 6-30-65 1965 6,412,827.00 1.50 96,193.15 92,326.38 95.98 95,405.02 99.18 6-30-66 1966 7,061,806.00 1.50 105,928.81 101,355.16 95.68 104,905.92 99.03 6-30-67 1967 8,130,580.00 1.50 121,896.05 118,344.26 97.20 120,020.17 98.46 6-30-68 1968 9,121,855.00 1.50 136,829.29 133,094.69 97.27 133,094.69 97.27 6-30-69 1969 20,736,716.00 0.75 155,526.03 In Process 6-30-70 CITY OF COLLEGE STATION BUDGET DT+T,INQUENT TAXES 1939 $ 16.98 1940 34.80 1941 27.52 1942 7.20 1943 3.50 1944 9.80 1945 3.00 1946 5.40 1947 9.00 1948 12.50 1949 30.00 1950 32,00 1951 75.50 1952 103.75 1953 122.55 1954 187.25 1955 115.75 1956 144.05 1957 213.15 1958 311.51 1959 341.52 1960 416.16 1961 516.82 1962 600.44 1963 842.25 1964 771.24 1965 788.13 1966 1,022.89 1967 1,875.88 1968 3,734.60 U12,375.14 Less Reserve for Uncollectible Taxes 4,000.00 Taxes Receivable Net $ 8,375.14 _ 4 _ CITY OF COLLEGE STATION BUDGET ESTIMATED REVENUES & EXPENDITURES ALL FUNDS FISCAL YEAR 1969 - 1970 Fund Revenues Expenditures General $ 340,000.00 $ 537,882.50 Utility Funds - Electric, Water & Sewer 1,013,500.00 815,617.50 Cemetery 4,975.00 4,975.00 $1,358,475.00 $1,358,475.00 - 5 - CITY OF COLLEGE STATION BUDGET SUMMARY REVENUES & EXPENDITURES Estimated 1968-69 Proposed 1969-70 Revenues Expenditures Revenues Expenditures CNER.AL FUND: Ad Valorem Tax $ 136,600.00 S $ 153,800.00 $ All Other 146)537.00 186,200.00 Administrative 80,786466 85,080.00 Police Department 98,600.00 97,300.00 Fire Department 11,607.93 44,850.00 Health & Sanitation Department 59,757.00 63,784.00 Street Department 111,527.25 114,500.00 Miscellaneous 24,423.87 24,500.00 Parks and Recreation 9,375.00 16,000.00 Contingent Fund 4,476.00 33,103.50 Retirement of Debts 44,720.00 58,765.00 JTAL GENERAL FUND S 283,137.00 1.3 445,273.71 $ 340,000.00 $ 537,882.50 IILITY FUNDS - ELECTRIC, ATER & SEWER: Administrative $ $ 41,243.34 $ $ 44,940.00 Operation 956,400.00 455,950.00 1,013,500.00 483,584.00 Maintenance & Repairs 94,608.00 110,676.00 Sewage Treatment 13,820.00 14,480.00 Capital Outlay 95,000.00 74,600.00 Debt Service 89,713.00 87,337.50 JTAL UTILITY FUNDS $ 956,400.00 $ 790,334.34 $1,013,500.00 $ 815,617.50 TMETERY FUND: Administrative $ $ 1,773.20 $ $ 3,000.00 Operation 4,525.d0 4,975.00 Maintenance & Repairs 875.00 1,975.00 )TAL CEMETER FUND: $ 4,525.00 $ 2,648.20 $ 4,975.00 $ 4,975.00 $1,244,062.00 $1,238,256.25 $1,358,475.00 $1,358,475.00 - 6 - • ANNUAL BUDGET * * * * * * * * * * * P ART II * * * * * * GENERAL FUND * * * * * * * * * * * DETAILED REVENUES AND EXPENDITURES * * * * * * * * * * * * * * * * * * * * * * * * * * * * CITY OF COLLEGE STATION BUDGET GENERAL FUND Actual Estimated Proposed 1967-68 1968-69 1969-70 .EVENUES: Tax Revenue $121,907.15 $132,000.00 $ 149,000.00 Tax Revenue Delinquent 4,187.77 4,600.00 4,800.00 Penalty & Int. on Delinquent Taxes 805.59 825.00 900.00 City Sales Tax 34,112.00 68,000.00 License 110.00 200.00 200.00 Occupational Taxes 2,204.50 1,600.00 1,600.00 Franchise Tax 16,777.25 22,500.00 23,000.00 Animal Licenses & Pound Fee 510.00 700.00 700.00 Court Fines 15,220.42 15,300.00 15,500.00 Inspection Fees 2,782.50 2,800.00 2,800.00 Building Permits 5,601.50 6,200.00 6,200.00 Garbage Charge 54,643.95 60,000.00 65,000.00 Miscellaneous 1,967.07 2,000.00 2,000.00 Fees & Issuing Tax Certificates 280.00 300.00 300.00 $226,997.70 $283,137.00 $ 340,000.00 - 7 - CITY OF COLLEGE STATION BUDGET GENERAL FUND Actual Estimated Proposed 1967-68 1968-69 1969--70 EXPENDITURES: 1DMINISTRATIVE: Mayor and Council $ 205.54 $ 300.00 S 300.00 Auditing and Legal 1,611.94 1,700.00 1,700.00 Director of Finance 2,534.00 2,660.00 2,800.00 City Manager 4,134.00 4,666.66 4,800.00 Elections 1,329.60 476.00 300.00 Corporation Court Expense 2,400.00 2,400.00 2,400.00 Office Salaries 5,958.80 16,764.00 20,160.00 Other Office Expense 3,152.58 3,200.00 3,200.00 Tax Expense 100.00 1,000.00 1,000.00 Car Expense 52.74 120.00 120.00 Texas Municipal League 927.56 700.00 700.00 Capital Outlay 733.47 1,000.00 1,500.00 Engineering 28,686.26 30,000.00 30,000.00 Telephone and Utilities 957.09 1,200.00 1,200.00 Retirement and Social Security 8,714.78 8,900.00 9,200.00 Hospitalization Insurance 5,700.00 5,700.00 61,498.36 $ 80,786.66 $ 85,.080.00 - 8 - CITY OF COLLEGE STATION BUDGET GENERAL FUND Actual Estimated Proposed 1967-68 1968-69 1969-70 POLICE DEPARTMENT: Signs and Signals $ 5,061.04 $ 10,000.00 $ 2,500.00 Auto Maintenance 6,131.59 6,500.00 6,500.00 Chief of Police Salary 6,600.00 7,600.00 8,400.00 Policemen 49,628.51 62,400.00 70,000.00 Capital Outlay 7,346.19 8,200.00 6,000.00 Miscellaneous and Uniforms 4,609.16 3,000.00 3,000.00 Radio Service 506.79 550.00 550.00 City' s Share of School Patrolman 337.50 350.00 350.00 $ 80,220.78 $ 98,600.00 $ 97,300.00 FIRE DEPARTMENT: Payment to A & M University $ 1,025.00 $ 1,500.00 $ 750.00 Firemen' s Salaries (Volunteer) 1,952.38 2,500.00 1,200.00 Fire Chief Salary 2,475.00 3,800.00 1,900.00 Miscellaneous - Firemen' s Training 207.93 Alarm System 318.00 300.00 150.00 Radio Dispatcher 3,300.00 3,300.00 1,650.00 Capital Outlay 850.00 Miscellaneous 378.30 New Fire Station (6 Months) : Salaries - Firemen 13,000.00 Fire Chief Salary 3,800.00 Dispatcher 3,900.00 Capital Outlay 18,500.00 $ 10,298.68 $ 11,607.93 $ 44,850.00 - 9 - CITY OF COLLEGE STATION BUDGET GENERAL FUND Actual Estimated Proposed 1967-68 1968-69 1969-70 EALTH & SANITATION DEPARTMENT: Contribution to County Health Unit $ 5,600.37 $ 7,500.00 $ 7,900.00 Refuse Collection: Disposal Grounds 4,200.00 5,350.00 7,200.00 Salaries 28,979.20 41,212.00 43,384.00 Capital Outlay 6,718.21 1,745.00 1,000.00 Mosquito Control 192.14 500.00 500.00 Truck Expense 2,647.49 2,700.00 3,000.00 Miscellaneous 721.89 750.00 800.00 49,059.30 $ 59,757.00 $ 63,784.00 TREET DEPARTMENT: Maintenance & Repairs: Salaries $ 31,837.65 $ 35,016.00 B 40,000.00 Materials - Repairs 18,250.01 18,000.00 14,000.00 Equipment 5,959.73 4,000.00 4,000.00 Warehouse Expense 469.61 500.00 500.00 New Construction: Drainage - Bridges 1,849.25 500.00 500.00 Capital Outlay 18,090.25 9,311.25 10,000.00 City' s Share of Paving 61,007.52 40,000.00 40,000:00 Street Lighting 1,326.03 2,500.00 2,500.00 Purchase of Right-of-way 15,743.19 1,700.00 3,000.00 Sidewalk 7,761.37 $162,294.61 $111,527.25 S 114,500.00 - 10 - CITY OF COLLEGE STATION BUDGET GENERAL FUND Actual Estimated Proposed 1967-68 1968-69 1969-70 CSCELLANEOUS: City's Share of Library Expense 3 400.00 $ 400.00 $ 400.00 Travel 3,516.42 3,500.00 3,500.00 Insurance and Bonds 4,703.74 4,700.00 4,700.00 Other Expense 1,500.00 1,500.00 1,500.00 Brazos County Counseling Service 8,499.96 8,500.00 8,500.00 Civil Defense & Miscellaneous 1,500.00 1,000.00 1,000.00 Indigent Hospital 1,523.87 1,600.00 Maintenance and Repairs Building & Custodian 2,689.03 3,300.00 3,300.00 $ 22,809.15 $ 24,423.87 $ 24,500.00 ARKS AND RECREATION: Maintenance and Utilities - Parks $ 639.91 $ 675.00 $ 675.00 Park Equipment 4,472.03 2,500.00 1,400.00 Lincoln Park: Maintenance and Utilities 1,800.00 Improvements and Equipment 1,825.00 Salaries 1,200.00 4,800.00 Recreation Council 4,200.00 5,000.00 5,500.00 $ 9,311.94 $ 9,375.00 $ 16,000.00 QUIPMENT REPLACEMENT FUND $ 10,000.00 $ DNTINGENT FUND $ 19,904.00 $ 4,476.00 $ 33,103.50 - 11 - CITY OF COLLEGE STATION BUDGET GENERAL FUND Actual Estimated Proposed 1967-68 1968-69 1969-70 ETIREMENT OF DEBTS: Notes: University National Bank $ 14,000.00 $ 4,000.00 $ 4,000.00 Interest - Notes 1,260.00 720.00 560.00 $ 15,260.00 $ 4,720.00 $ 4,560.00 ONDS: General Obligation Bonds Interest $ $ 40,000.00 $ 54,205.00 $440,656.82 $445,273.71 $ 537,882.50 - 12 -- ANNUAL BUDGET * * * * * * * * * * * * PART III * * * * * * * UTILITY SECT I O N CITY OF COLLEGE STATION BUDGET UTILITY FUNDS ELECTRIC, WATER AND SEWER Actual Estimated Proposed 1967-68 1968-69 1969-70 EVENUES: Electric Sales $622,290.97 $685,000.00 $ 733,000.00 Water Sales 174,739.48 180,000.00 185,000.00 Sewer Sales 63,774.35 69,000.00 73,000.00 Penalties 5,088.05 5,100.00 5,100.00 Temporary Electric Services 465.00 500.00 500.00 Pole Rental 2,680.50 2,800.00 2,900.00 Tapping Fees - Water & Sewer 14,391.00 14,000.00 14,000.00 S883,429.35 $956,400.00 51,013,500.00 ;XPENDITURE S: .DMINISTRATIVE: City Manager's Salary $ 8,266.00 3 9,333.34 $ 9,600.00 Director of Finance Salary 5,066.00 5,320.00 5,600.00 Audit and Legal 3,226.72 3,200.00 3,200.00 Telephone & Utilities 4,365.00 5,000.00 6,000.00 Auto Expense 101.97 140.00 140.00 Capital Outlay 2,000.00 3,000.00 Insurance 2,241.85 2,250.00 2,400.00 Office Supplies 6,304.98 6,500.00 7,000.00 Retirement and Social Security 5,219.00 7,500.00 8,000.00 $ 34,791.52 $ 41,243.34 $ 44,940.00 - 13 - CITY OF COLLEGE STATION BUDGET UTILITY FUNDS ELECTRIC, WATER AND SEWER Actual Estimated Proposed 1967-68 1968-69 1969-70 PERATION: Office Salaries S 19,332.52 $ 21,000.00 $ 22,420.00 Meter Reading 5,250.00 5,450.00 5,664.00 Special Engineering 1,184.65 3,000.00 3,000.00 Power Cost 314,212.91 355,000.00 379,000.00 Water Cost 55,756.93 68,000.00 70,000.00 Billing Cost 1,254.69 3,500.00 3,500.00 S396,991.70 $455,950.00 $ 483,584.00 4AINTENANCE & REPAIRS: Electric: Salaries $ 19,209.30 $ 26,708.00 $ 31,816.00 Material 3,007.14 3,000.00 3,000.00 Water & Sewer: Salaries 36,423.38 49,400.00 54,360.00 Material - Water 5,204.25 6,300.00 6,300.00 Material - Sewer 1,000.00 1,000.00 3,000.00 Power Cost - Pump Station 4,000.00 Other Expense: Gas, Oil & Repairs 3,452.00 3,200.00 3,200.00 Warehouse Expense 440.81 500.00 500.00 Tapping Expense 3,733.33 4,500.00 4,500.00 $ 72,470.21 $ 94,608.00 $ 110,676.00 14 - CITY OF COLLEGE STATION BUDGET UTILITY FUNDS ELECTRIC, WATER AND SEWER Actual Estimated Proposed 1967-68 1968-69 1969-70 SWAGE TREATMENT: Salaries $ 6,308.00 $ 6,420.00 S 6,780.00 Sewer Rent - Bryan 4,451.91 4,600.00 4,800.00 Maintenance: Building, Grounds & Equipment 1,650.11 1,200.00 1,200.00 Utilities 1,484.46 1,600.00 1,700.00 S 13,894.48 $ 13,820.00 S 14,480.00 APITAL OUTLAY: Electric: Material $ 8,384.94 $ 22,000.00 S 22,000.00 Meters 11,427.61 12,000.00 12,000.00 Transformers 19,131.76 20,000.00 10,000.00 General Equipment 2,896.44 15,000.00 4,800.00 Water: Material 4,239.83 3,500.00 3,500.00 Meters 13,318.09 12,000.00 14,000.00 Sewer: Material 9,088.05 6,000.00 6,000.00 General Equipment 4,820.62 4,500.00 2,300.00 73,307.34 95,000.00 S 74,600.00 - 15 - CITY OF COLLEGE STATION BUDGET UTILITY FUNDS ELECTRIC, WATER AND SEWER Actual Estimated Proposed 1967-68 1968-69 1969-70 EBT SERVICE: Interest & Sinking Fund Requirements - Waterworks & Sewer System and Electric Light & Power System Revenue Refunding Bonds $ 43,270.00 $ 57,053.00 $ 25,077.50 Interest & Sinking Fund Requirements - Waterworks & Sewer System and Electric Light & Power System Revenue Bonds - Series 1967 32,260.00 32,660.00 62,260.00 h 75,530.00 S 89,713.00 $ 87,337.50 $666,985.25 5790,334.34 $815,617.50 - 16 - ANNUAL BUDGET * * * * * * * * * * PART IV * * * * * * CEMETERY FUND * * * * * * * * * * * CITY OF COLLEGE STATION BUDGET CEMETERY FUND Actual Estimated Proposed 1967-68 1968-69 1969-70 AVENUES: Sale of Property S 4,413.98 $ 3,500.00 $ 4,000.00 Opening Graves 732.50 375.00 375.00 Donations 100.00 50.00 Interest on Bonds 534.16 550.00 550.00 $ 5,680.64 S 4,525.00 $ 4,975.00 KPENDITURES: DMINISTRATIVE: Perpetual Care Fund Transfer S 1,066.80 S 771.20 $ 800.00 Capital Outlay 1,002.00 2,200.00 $ 1,066.80 $ 1,773.20 S 3,000.00 AINTENANCE: Labor $ 500.00 $ 675.00 $ 675.00 Landscaping 121.82 200.00 200.00 Streets 1,100.00 $ 621.82 $ 875.00 $ 1,975.00 S 1,688.62 $ 2,648.20 S 4,975.00 - 17 - ANNUAL BUDGET PART V * * * * * STATEMENT OF INDEBTEDNESS AND SCHEDULE OF REQUIRE - MENTS FOR DEBT SERVICE CITY OF COLLEGE STATION STATEMENT OF INDEBTEDNESS AS OF JUNE 30, 1969 Original Interest Amount Payments 1969-70 Date Debt Rate Unpaid Interest Principal NOTES & CONTRACTS: University National Bank 1965 $ 37,000.00 4% $ 14,000.00 $ 560.00 $ 4,000.00 BONDS & WARRANTS: Waterworks & Sewer System & 2.75, 2.90, 3., Electric Light & Power 3.25, 3.50, 5% . System Revenue Refunding Bonds 1967 333,000.00 254,000.00 8,077.50 17,000.00 Waterworks & Sewer System & i Electric Light & Power 3.60, 3.65, to System Revenue Bonds - 4.25, 5.% Series 1967 1967 600,000.00 600,000.00 22,260.00 30,000.00 1 General Obligation Bonds - 4.40, 4.50, 4.60, Series 1968 1968 840,000.00 4.70, 6.% 840,000.00 58,807.50 TOTAL PRESENT INDEBTEDNESS $1,810;000.00 $1,708,000.00 $ 89,705.00 $ 51,000.00 SCHEDULE OF RETUIREMENTS FOR DEBT SERVICE WATERWORKS & SEWER SYSTEM AND ELECTRIC LIGHT & POWER SYSTEM REVENUE REFUNDING BONDS $333,000 Issue dated February 1, 1967 Fiscal Bond Payment Annual Year No. Principal Interest Total 69 70 36 - 48 $h 17,000.00 $ 8,077.50 $ 25,077.50 70 - 71 49 - 62 18,000.00 7,602.50 25,602.50 71 - 72 63 - 76 14,000.00 7,070.00 21,070.00 72 - 73 77 - 90 14,000.00 6,655.00 20,655.00 73 - 74 91 - 104 14,000.00 6,215.00 20,215.00 74 - 75 105 - 119 15,000.00 5,775.00 20,775.00 75 - 76 120 - 134 15,000.00 5,305.00 20,305.00 76 - 77 135 - 149 15,000.00 4,835.00 19,835.00 77 - 78 150 - 165 16,000.00 4,365.00 20,365.00 78 - 79 166 - 182 17,000.00 3,865.00 20,865.00 79 - 80 183 - 199 17,000.00 3,300.00 20,300.00 80 - 81 200 - 217 18,000.00 2,735.00 20,735.00 81 - 82 218 - 235 18,000.00 2,137.50 20,137.50 82 - 83 236 - 258 23,000.00 1,540.00 24,540.00 83 - 84 259 - 281 23,000.00 770.00 23,770.00 $254,000.00 Sp 70,247.50 $'`v324,247.50 - 19 - SCHEDULE OF REQUIREMENTS FOR DEBT SERVICE WATERWORKS & SEWER SYSTEM AND ELECTRIC LIGHT & POWER SYSTEM REVENUE BONDS (SERIES 1967) $600,000 Issue dated February 1, 1967 Fiscal Bond Payment Annual Year No. Principal Interest Total 69 - 70 1 - 6 4 30,000.00 $ 22,260.00 $ 52,260.00 70 - 71 7 - 12 30,000.00 20,760.00 50,760.00 71 - 72 13 - 18 30,000.00 19,485.00 49,485.00 72 - 73 19 - 24 30,000.00 18,405.00 48,405.00 73 - 74 25 - 30 30,000.00 17,325.00 47,325.00 74 - 75 31 - 36 30,000.00 16,245.00 46,245.00 75 - 76 37 - 42 30,000.00 15,165.00 45,165.0o 76 - 77 43 - 48 30,000.00 14,085.00 44,085.00 77 - 78 49 - 54 30,000.00 13,005.00 43,005.0o 78 - 79 55 - 60 30,000.00 11,925.00 41,925.00 79 - 80 61 - 66 30,000.00 10,845.00 40,845.00 80 - 81 67 - 72 30,000.00 9,765.00 39,765.00 81 - 82 73 - 78 30,000.00 8,685.00 38,685.00 82 - 83 79 - 84 30,000.00 7,605.00 37,605.00 83 - 84 85 - 90 30,000.00 6,525.00 36,525.00 84 - 85 91 - 96 30,000.00 5,445.00 35,445.00 85 - 86 97 - 102 30,000.00 4,365.00 34,365.00 86 - 87 103 - 108 30,000.00 3,285.00 33,285.00 87 - 88 109 - 114 30,000.00 2,190.00 32,190.00 88 - 89 115 - 120 30,000.00 1,095.00 31,095.00 $600,000.00 22.8,,465.00 A828,465.00 - 20 - SCHEDULE OF REQUIREMENTS FOR DEBT SERVICE GENERAL OBILGATION BONDS (SERIES 1968) S840,000 Issue dated August 1, 1968 Fiscal Bond Payment Annual Year No. Principal Interest Total 69 - 70 $ $ 58,807.50 $ 58,807.50 70-- 71 1 - 3 15,000.00 38,755.00 53,755.00 71 - 72 4 - 7 20,000.00 37,705.00 57,705.00 72 - 73 8 - 11 20,000.00 36,505.00 56,505.00 73 - 74 12 - 15 20,000.00 35,305.00 55,305.00 74 - 75 16 - 20 25,000.00 34,155.00 59,155.00 75 - 76 21 - 25 25,000.00 33,055.00 58,055.00 76 - 77 26 - 30 25,000.00 31,955.00 56,955.00 77 - 78 31 - 35 25,000.00 30,855.00 55,855.00 78 - 79 36 - 40 25,000.00 29,755.00 54,755.00 79 - 80 41 - 46 30,000.00 28,545.00 58,545.00 80 - 81 47 - 52 30,000.00 27,225.00 57,225.00 81 - 82 53 - 58 30,000.00 25,905.00 55,905.00 82 - 83 59 - 65 35,000.00 24,475.00 59,475.00 83 - 84 66 - 72 35,000.00 22,935.00 57,935.00 84 - 85 73 - 79 35,000.00 21,395.00 56,395.00 85 - 86 80 - 87 40,000.00 19,725.00 59,725.00 86 - 87 88 - 95 40,000.00 17,925.00 57,925.00 87 - 88 96 - 103 40,000.00 16,105.00 56,105.00 88 - 89 104 - 112 45,000.00 14,150.00 59,150.00 89 - 90 113 - 121 45,000.00 12,080.00 57,080.00 90 - 91 122 - 130 45,000.00 9,987.50 54,987.50 91 - 92 131 - 139 45,000.00 7,872.50 52,872.50 92 - 93 140 - 148 45,000.00 5,757.50 50,757.50 93 - 94 149 - 158 50,000.00 3,525.00 53,525.00 94 - 95 159 - 168 50,000.00 1,175.00 51,175.00 $840,000.00 8625,635.00 $1,465,635.00 - 21 - ORDINANCE NO. 632 AN ORDINANCE LEVYING TAXES FOR THE USE AND SUPPORT OF THE MUNICIPAL GOVERNMENT OF THE CITY OF COLLEGE STATION AND PROVIDING FOR THE INTEREST AND SINKING FUND FOR THE YEAR 1969-70 AND APPORTIONING EACH LEVY FOR THE SPECIFIC PURPOSE. BE IT ORDAINED by the City Council of the City of College Station, Texas: Section I. That there is hereby levied and there shall be collected for the use and support of the municipal government of the City of College Station, and to provide Interest and Sinking Fund for the year nineteen hundred and sixty-nine upon all property, real, personal and mixed, within the corporate limits of said city subject to taxation, a tax of Seventy-five Cents (40.75) on each One Hundred Dollar (9100.00) valuation of property, said tax being so levied and apportioned to the specific purpose herein set forth: (1) For the maintenance and support of the general government (General Fund), Forty-eight Cents ($O.48) on each One Hundred Dollar (S100.00) valuation of property, and (2) For the interest and sinking fund, Twenty-seven Cents ($0.27) on each One Hundred Dollar ($100.00) valuation of property to be apportioned as follows: General Obligation Bonds, Voted 196g. 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 23rd day of June, 1969, A.D. APPROVED: ATTEST: S/D. A. Anderson S/Lynda Swoveland Mayor City Secretary - 22 - ORDINANCE NO. 633 AN ORDINANCE ADOPTING A BUDGET FOR THE 1969-70 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, 1969 to June 30, 1970, 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 accordance with the approved fiscal procedures of the City. PASSED AND APPROVED this 23rd day of June, 1969, A.D. APPROVED: S/D. A. Anderson Mayor ATTEST: S/Lynda Swoveland City Secretary - 23 -