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Home My WebLink AboutFY 1964-1965 -- Approved Annual Budget BUDGET OF THE CITY OF COLLEGE STATION FISCAL YEAR JULY 1 , 1964 - JUNE 30 , 1965 C X 1938 I T ,nggllll III o IIIs II'.• COLLEGE STATION THE HOME OF TEXAS A & M UNIVERSITY TABLE OF CONTENTS * * * * * * * * * PAGE PART 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 24 Schedule of Requirements for Debt Service 25 Schedule of Requirements for Debt Service 26 An Ordinance Adopting a Budget for the 1964-65 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 1964-65 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, 1964 and ending June 30, 1965. This proposed budget is in the amount of $670,125.00. This is an increase of $33,000.00 over the 1963-64 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 $5,000.00 based on 97% collection of an assessed valuation of $5,597,000.00 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 remain about the same as last year. ELECTRIC FUND The revenues in the Electric Fund will be increased $18,000.00 due to normal increase in the sale of electric power. The expenditures will be increased by approximately $20,000.00 due to increase in power purchases and debt service. WATER AND SEWER FUND The revenues in the Water and Sewer Fund will be increased $8,000.00 due to normal increase in the sale of water. The expenditures will be increased by approximately $11,000.00 due to increase in water purchases and new construction. 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 T. R. Holleman A. L. Rosprim 0. M. Holt 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 1946 Public Building Total General Fund Bond Fund Warrants Tax Rate 1951-52 $ .56 $ .28 $ .08 $1.00 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 1956-57 .75 .20 .05 1.00 cv 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 1964-65 1.38 .12 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 6-30-64 Collected Year Ending 1951 $2,427,455.00 $1.00 $24,274.55 $23,281.05 96. 624,160.20 99.53 6-30-52 1952 2,695,530.00 1.00 26,955.30 25,885.22 96.30 26,819.20 99.50 6-30-53 1953 3,038,921.00 1.00 30,389.21 29,059.33 95.62 30,194.91 99.36 6-30-54 1954 3,155,159.00 1.00 31,551.59 30,268.62 95.93 31,267.66 99.10 6-30-55 1955 3,297,260.00 1.00 32,972.60 31,714.51 96.18 32,760.77 99.36 6-30-56 1956 3,594,733.00 1.00 35,947.33 35,143.05 97.76 35,743.35 99.43 6-30-57 ' 1957 3,863,948.00 1.00 38,639.48 37,607.50 97.33 38,348.05 99.25 6-30-58 1958 4,Q62,455.00 1.50 61,280.46 59,691.00 97.40 60,805.66 99.23 6-30-59 1959 4,399,270.00 1.50 65,996.64 63,864.91 96.77 65,439.33 99.16 6-30-60 1960 4,672,600.00 1.50 70,089.50 67,368.63 96.12 69,402.56 99.02 6-30-61 1961 4,850,029.00 1.50 72,750.96 70,105.47 96.36 71,844.61 98.75 6-30-62 1962 5,021,445.00 1.50 75,322.24 72,546.45 96.31 73,469.67 97.54 6-30-63 1963 5,177,020.00 1.50 77,655.30 74,650.26 96.13 74,650.26 96.3 6-30-64 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 38.00 1951 114.35 1952 136.10 1953 194.30 1954 283.93 1955 211.83 1956 203.98 1957 290.43 1958 474.80 1959 557.31 1960 686.94 1961 906.35 1962 1,852.57 1963 3,018.72 $9,163.05 Less Reserve for Uncollectible Taxes 3,400.00 Taxes Receivable Net $5,763.05 - 4 - CITY OF COLLEGE STATION BUDGET ESTIMATED REVENUES & EXPENDITURES ALL FUNDS FISCAL YEAR 1964 - 1965 Fund Revenues Expenditures General $124,100.00 $259,709.26 Electric 382,500.00 268,621.67 Water & Sewer 161,000.00 139,269.07 Cemetery 2,525.00 2,525.00 $670,125.00 $670,125.00 - 5 - CITY OF COLLEGE STATION BUDGET SUMMARY REVENUES & EXPENDITURES Estimated 1963-64 Proposed 1964-65 Revenues Expenditures Revenues Expenditures rENERAL FUND: Ad Valorem Tax $ 76,600.00 $ $ 81,200.00 $ All Other 41,320.00 42,900.00 Administrative 40,978.34 41,151.66 Police Department 33,119.14 34,385.00 Fire Department 11,110.00 11,567.60 Health Department 28,100.00 31,036.40 Street Department 97,350.00 92,677.60 Miscellaneous 13,400.00 13,400.00 Recreation Fund 3,500.00 5,500.00 Equipment Replacement Fund 4,800.00 3,600.00 Two-Way Radio Equipment 2,600.00 Contingent Fund 5,341.00 3,396.00 Retirement of Debt 21,485.00 20,395.00 'OTAL GENERAL FUND $117,920.00 $$259,183.48 $'>124,100.00 $259,709.26 ;LECTRIC FUND: Administrative $ 0 12,143.33 $ $ 12,016.67 Operation 364,400.00 178,270.00 382,500.00 188,705.00 Maintenance & Repairs ' 19,750.00 21,690.00 New Construction 23,000.00 25,000.00 Debt Service 15,200.00 21,210.00 'OTAL ELECTRIC FUND $364,400.00 $248,363.33 $382,500.00 $268,621.67 LATER AND SEWER FUND: Administrative $ 0 12,693.33 $ S 16,916.67 Operation 153,700.00 46,546.00 161,000.00 48,381.00 Maintenance & Repairs 33,300.00 35,426.40 New Construction 17,500.00 19,500.00 Sewage Treatment 6,760.00 7,300.00 Debt Service 12,030.00 11,745.00 'OTAL WATER & SEWER FUND $153,700.00 $128,829.33 3161,000.00 S139,269.07 )EMETERY FUND: Administrative $ $ 600.00 $ $ 1,400.00 Operation 2,525.00 2,525.00 Maintenance & Repairs 900.00 950.00 New Construction 175.00 COTAL CEMETERY FUND $ 2,525.00 $ 1,500.00 0 2,525.00 $ 2,525.00 $638,545.00 $637,876.14 S670,125.00 ; 670,125.00 - 6 - ANNUAL BUDGET * * * * * * * ar * * * PART II * * * * * * GENERAL FUND * * * * 3; * * * * * * DETAILEDREVENUESANDEXPENDITURES CITY OF COLLEGE STATION BUDGET GENERAL FUND Actual Estimated Proposed 1962-63 1963-64 1964-65 REVENUES: Tax Revenue $ 22,556.45 S 75,400.00 $ 80,000.00 Tax Revenue Delinquent 1,241.73 1,200.00 1,200.00 Penalty & Int. on Delinquent Taxes 719.38 300.00 300.00 License 92.00 100.00 100.00 Occupational Taxes 579.00 580.00 600.00 Franchise Tax 8,896.35 9,000.00 9,000.00 Animal Licenses 221.00 250.00 250.00 Court Fines 3,307.40 3,000.00 3,000.00 Inspection Fees 906.00 950.00 1,000.00 Building Permits 2,395.50 2,400.00 2,400.00 Garbage Charge 23,290,47 23,500.00 25,000.00 Miscellaneous 1,093.25 1,100.00 1,100.00 Fees & Issuing Tax Certificates 138.00 140.00 150.00 $115,436.53 $117,920.00 $124,100.00 - 7 - CITY OF COLLEGE STATION BUDGET GENERAL FUND Actual Estimated Proposed 1962-63 1963-64 1964-65 EXPENDITURES: ADMINISTRATIVE: Mayor and Council $ 146.97 $ 100.00 $ 100.00 Auditing and Legal 1,329.53 900.00 900.00 Director of Finance 1,860.00 1,960.00 2,100.00 City Manager 3,333.34 3,533.34 3,766.66 Elections 210.61 175.00 175.00 Corporation Court Expense 750.00 1,200.00 1,200.00 Office Salaries 2,460.00 2,760.00 3,060.00 Other Office Expense 1,847.48 1,500.00 1,500.00 Tax Expense 440.23 450.00 450.00 Car Expense 114.17 100.00 100.00 Texas Municipal League 584.50 600.00 600.00 Capital Outlay 244.10 2,000.00 1,500.00 Engineering 17,875.22 18,000.00 18,000.00 Utilities 485.17 500.00 500.00 Municipal Retirement & Social Security 7,100.00 7,200.00 7,200.00 $ 38,781.32 $ 40,978.34 $ 41,151.66 - 8 - CITY OF COLLEGE STATION BUDGET GENERAL FUND Actual Estimated Proposed 1962-63 1963-64 1964-65 POLICE DEPARTMENT: Signs and Signals $ 1,294.01 $ 1,500.00 $ 1,500.00 Auto Maintenance 2,588.43 2,500.00 2,500.00 Chief of Police Salary 5,580.00 5,880.00 6,300.00 Policemen 17,457.50 18,900.00 20,160.00 Capital Outlay 2,283.00 2,566.03 2,600.00 Miscellaneous 688.35 1,148.11 700.00 Radio Service - City of Bryan 316.33 400.00 400.00 City's Share of School Patrolman 225.00 225.00 225.00 $ 30,432.62 $ 33,119.14 $ 34,385.00 FIRE DEPARTMENT: Payment to A & M University $ 1,375.00 $ 1,400.00 $ 1,400.00 Cutting Grass & Trash Removal - Salaries & Equipment Expense 6,975.83 6,100.00 6,557.60 Firemen's Salaries 2,386.50 2,500.00 2,500.00 Insurance - Firemen and Fire Trucks 668.20 700.00 700.00 Miscellaneous 323.00 300.00 300.00 Capital Outlay Fire Plug 50.00 110.00 110.00 S 11,778.53 $ 11,110.00 $ 11,567.60 - 9 - CITY OF COLLEGE STATION BUDGET GENERAL FUND Actual Estimated Proposed 1962-63 1963-64 1964-65 HEALTH DEPARTMENT: Contribution to County Health Unit $ 3,190.25 $ 4,200.00 $ 5,200.00 Refuse Collection: Disposal Grounds 4,050.00 4,200.00 4,200.00 Salaries 14,868.37 17,350.00 19,286.40 Capital Outlay Mosquito Control 93.50 100.00 100.00 Truck Expense 2,067.62 2,000.00 2,000.00 Miscellaneous 251.87 250.00 250.00 $ 24,521,61 $ 28,100.00 5 31,036.40 STREET DEPARTMENT: Maintenance & Repairs: Salaries $ 14,085.10 $ 17,300.00 $ 18,627.60 Material 8,114.82 10,000.00 10,000.00 Equipment Expense 2,115.00 2,500.00 2,500.00 Warehouse Expense 185.42 250.00 250.00 New Construction: Drainage - Bridges 201.06 500.00 500.00 Capital Outlay City's Share of Paving 43,036.30 66,000.00 60,000.00 Street Lighting 797.15 800.00 800.00 $ 68,534.85 $ 97,350.00 $ 92,677.60 - 10 - CITY OF COLLEGE STATION BUDGET GENERAL FUND Actual Estimated Proposed 1962-63 1963-64 1964-65 MISCELLANEOUS: City's Share of Library Expense $ 400.00 $ 400.00 $ 400.00 Travel 2,075.55 2,000.00 2,000.00 Insurance and Bonds 2,726.64 3,000.00 3,000.00 Miscellaneous 1,954.77 2,000.00 2,000.00 Youth Developing Counseling Service 3,600.00 4,800.00 4,800.00 Maintenance & Repairs Bldg. and Custodian 257.72 1,200.00 1,200.00 11,014.68 $ 13,400.00 S 13,400.00 RECREATION AND PARKS: Maintenance and Utilities - Parks $ 388.64 $ 1,000.00 $ 2,000.00 Recreation Council: Instructor 1,815.00 1,815.00 2,815.00 Equipment 685.00 685.00 685.00 $ 2,888.64 $ 3,500.00 S 5,500.00 EQUIPMENT REPLACEMENT FUND $ 3,600.00 $ 4,800.00 $ 3,600.00 TWO-WAY RADIO EQUIPMENT $ $ 2,600.00 CONTINGENT FUND $ 7,690.00 $ 5,341.00 $ 3,396.00 - II - CITY OF COLLEGE STATION BUDGET GENERAL FUND Actual Estimated Proposed 1962-63 1963-64 1964-65 RETIREMENT OF DEBTS: Notes and Contracts: University National Bank $ 8,000.00 $ 10,000.00 $ 10,000.00 Municipal Building Property 10,000.00 2,500.00 2,500.00 Parking Lot 750.00 750.00 Interest - Notes and Contracts 1,557.64 1,500.00 1,340.00 $ 20,307.64 s 14,750.00 $ 13,840.00 BONDS AND WARRANTS: Water and Sewer (1946) S 6,000.00 $ 6,000.00 $ 6,000.00 Interest - Bonds and Warrants 900.00 720,00 540.00 Commission Expense - Bonds 15.00 15.00 15.00 $ 6,915.00 $ 6,735.00 $ 6,555.00 $226,464.89 $259,183.48 $259,709.26 - 12 - ANNUAL BUDGET * * * * * * * * * * * * PART III * * * * * * * UTILITY SECTION * * * * * is * * * * * * * * ELECTRIC CITY OF COLLEGE STATION BUDGET ELECTRIC FUND Actual Estimated Proposed 1962-63 1963-64 1964-65 REVENUES: Electric Sales $336,967.10 $360,000.00 $378,000.00 Penalties Collected 2,041.52 2,100.00 2,100.00 Temporary Services 255.00 300.00 300.00 Pole Rental 1,894.50 2,000.00 2,100.00 $341,158.12 $364,400.00 $382,500.00 EXPENDITURES: ADMINISTRATIVE: City Manager Salary $ 3,333.33 $ 3,533.33 $ 3,766.67 Director of Finance 1,860.00 1,960.00 2,100.00 Audit and Legal 1,329.52 900.00 900.00 Telephone and Utilities 1,612.70 1,500.00 1,500.00 Auto Expense 113.98 100.00 100.00 Capital Outlay 2,000.00 1,500.00 Insurance 538.42 650.00 650.00 Office Supplies 1,847.60 1,500.00 1,500.00 $ 10,635.55 S 12,143.33 B 12,016.67 - 13 - CITY OF COLLEGE STATION BUDGET , ELECTRIC FUND Actual Estimated Proposed 1962-63 1963-64 1964-65 OPERATION: Salaries: Billing Clerk $ 1,208.90 $ 1,380.00 $ 1,380.00 Clerk 1,129.99 1,200.00 1,350.00 Utility Clerk 2,040.00 2,190.00 2,400.00 Meter Reader 1,020.00 2,100.00 2,175.00 Special Engineering Service 771.89 600.00 600.00 Power Cost 155,787.32 170,000.00 180,000.00 Billing Cost 609.04 800.00 800.00 $162,567.14 $178,270.00 $188,705.00 MAINTENANCE AND REPAIRS: Salaries $ 17,129.65 $ 17,300.00 $ 18,740.00 Material 1,331.07 1,500.00 2,000.00 Truck Expense 669.35 750.00 750.00 Warehouse Expense 185.31 200,00 200.00 $ 19,315.38 $ 19,750.00 S 21,690.00 NEW CONSTRUCTION: Salaries and Material $ 24,925.59 $ 5,000.00 S 5,000.00 Meters 3,737.05 6,000.00 6,000.00 Transformers 18,004.44 12,000.00 14,000.00 General Equipment $ 46,667.08 $ 23,000.00 $ 25,000.00 - 14 - CITY OF COLLEGE STATION BUDGET ELECTRIC FUND Actual Estimated Proposed 1962-63 1963-64 1964-65 DEBT SERVICE: Debt Retirement: Interest & Sinking Fund Require- ments - Revenue Bond Series 1955 $ 13,100.00 $ 13,000.00 $ 14,010.00 Interest & Sinking Fund Require- ments - Revenue Bond Series 1962 2,200.00 7,200.00 13,100.00 $ 15,200.00 $ 21,210.00 $252,285.15 $248,363.33 $268,621.67 - 15 - ANNUAL BUDGET * * * * * * * * * * * * PART IV * of * * * *- UTILITY SECTION 4E * * * * * * * * * * * * * WATER AND SEWER CITY OF COLLEGE STATION BUDGET WATER AND SEWER FUND Actual Estimated Proposed 1962-63 1963-64 1964-65 REVENUES: Water Sales $104,741.10 3110,000.00 $115,500.00 Sewer Sales 35,444.00 36,000.00 37,800.00 Total Water & Sewer Revenue 3140,185.10 $146,000.00 $153,300.00 Tapping Fees - Water and Sewer $ 5,756.53 S 6,500.00 $ 6,500.00 Customers Penalty 889.76 1,200.00 1,200.00 $ 6,646.29 $ 7,700.00 3 7,700.00 $146,831.39 $153,700.00 $161,000.00 EXPENDITURES: ADMINISTRATIVE: City Manager Salary $ 3,333.33 $ 3,533.33 $ 3,766.67 Director of Finance 1,860.00 1,960.00 2,100.00 Audit and Legal 1,329.52 900.00 900.00 Telephone and Utilities 1,612.73 1,500.00 1,500.00 Auto Expense - City Manager 113.98 100.00 100.00 Capital Outlay 2,000.00 1,500.00 Insurance 1,049.01 1,200.00 1,200.00 Office Supplies 1,847.61 1,500.00 1,500.00 Engineering Study Water System 4,350.00 $ 11,146.18 $ 12,693.33 3 16,916.67 - 16 - CITY OF COLLEGE STATION BUDGET WATER AND SEWER FUND Actual Estimated Proposed 1962-63 1963-64 1964-65 OPERATION: Salaries: Billing Clerk $ 1,208.90 $ 1,380.00 $ 1,380,00 Clerk 1,129.98 1,200.00 1,350.00 Utility Clerk 2,040.00 2,190.00 2,400.00 Meter Reader 1,020.00 2,100.00 2,175.00 Water Cost 36,169.42 37,000.00 38,000.00 Billing Cost 609.05 800.00 800.00 Sewer Disposal Rent 276.00 276.00 276.00 Sewer Rent - Bryan 1,577.96 1,600.00 2,000.00 $ 44,031.31 S 46,546.00 $ 48,381.00 MAINTENANCE & REPAIRS: Water Lines: Salaries $ 17,888.90 $ 18,000.00 $ 19,477.60 Material 1,651.34 2,000.00 2,000.00 Truck Expense 1,399.83 1,200.00 1,200.00 Warehouse Expense 185.31 200.00 200.00 0 21,125.38 $ 21,400.00 $ 22,877.60 Sewer Lines: Salaries $ 8,715.90 $ 9,500.00 $ 10,148.80 Material 406,42 1,000.00 1,000.00 Truck Expense 1,341.15 1,400.00 1,400.00 $ 10,463.47 S 11,900.00 $ 12,548.80 TOTAL MAINTENANCE AND REPAIRS $ 31,588.85 S 33,300.00 0 35,426.40 - 17 - CITY OF COLLEGE STATION BUDGET WATER AND SEWER FUND Actual Estimated Proposed 1962-63 1963-64 1964-65 NEW CONSTRUCTION: Water: Salaries and Material $ 6,448.97 $ 8,000.00 $ 10,000.00 Meters 3,495.74 5,000.00 5,000.00 Sewer: Salaries and Material 8,026.40 2,000.00 2,000.00 Tapping Expense 701.33 2,500.00 2,500.00 $ 18,672.44 $ 17,500.00 $ 19,500.00 SEWAGE TREATMENT: Salaries $ 4,260.00 $ 4,560.00 $ 5,100.00 Maintenance: Buildings, Grounds & Equipment 384.01 500.00 500.00 Utilities 1,663.36 1,700.00 1,700.00 S 6,307.37 $ 6,760.00 $ 7,300.00 DEBT SERVICE: Debt Retirement: Interest & Sinking Fund Require- ments - Revenue Bond - Series 1951 S 6,100.00 $ 6,000.00 $ 5,800.00 Interest & Sinking Fund Require- ments - Revenue Bond - Series 1955 7,330.00 6,030.00 5,945.00 $ 13,430.00 S 12,030.00 $ 11,745.00 $125,176.15 $128,829.33 $139,269.07 - 18 - CITY OF COLLEGE STATION BUDGET CEMETERY FUND Actual Estimated Proposed 1962-63 1963-64 1964-65 REVENUES: Sale of Property $ 1,069.33 $ 1,800.00 $ 1,800.00 Opening Graves 315.00 350.00 350.00 Donations 25.00 25.00 25.00 Interest on Bonds 345.00 350.00 350.00 $ 1,754.33 $ 2,525.00 S 2,525.00 EXPENDITURES: ADMINISTRATIVE: Perpetual Care Fund Transfer 353.30 $ 400.00 $ 400.00 Capital Outlay 200.00 1,000.00 353.30 $ 600.00 $ 1,400.00 MAINTENANCE: Labor 108.00 $ 800.00 $ 800.00 Landscaping 100.00 150.00 Equipment Expense $> 108.00 0 900.00 S 950.00 NEW CONSTRUCTION: Material $ 175.00 $ 461.30 $ 1,500.00 $ 2,525.00 - 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, 1964 Original Interest Amount Payments 1964-65 Date Debt Rate Unpaid Interest Principal NOTES & CONTRACTS; University National Bank 1959 $ 10,500.00 4% $ 6,000.00 $ 240.00 $ 1,000.00 1960 40,000.00 4% 19,000.00 760.00 9,000.00 E. M. White, Sr. 1962 7,500.00 6% 5,000.00 300.00 2,500.00 BONDS & WARRANTS: Water & Sewer (1946) 1946 85,000.00 2, 2 3/4, 3% 18,000.00 540.00 6,000.00 Water Works & Sewer System 2 1/2, 2 3/4, Revenue Bonds (1951) 1951 60,000.00 3% 44,000.00 1,310.00 2,000.00 Water Works & Sewer System 1 Revenue Bonds (1951) 1951 30,000.00 3 1/2% 14,000.00 490.00 2,000.00 o Water Works & Sewer System f Revenue Bonds (1955) 1955 110,000.00 2 3/4, 3 1/2% 88,000.00 2,945.00 3,000.00 Electric Light & Power System 2 3/4, 3, Revenue Bonds (1955) 1955 265,000.00 3 1/4% 213,000.00 6,410.00 8,000.00 Electric Light & Power System Revenue Bonds (1962) 1962 35,000.00 2.90% 35,000.00 1,015.00 5,000.00 TOTAL PRESENT INDEBTEDNESS $643,000.00 $442,000.00 $ 14,010.00 $ 38,500.00 SCHEDULE OF REQUIREMENTS FOR DEBT SERVICE BONDS AND WARRANTS WATER & SEWER 1946 $85,000 Fiscal Payments Annual Year Principal Interest Total 64 - 65 $ 6,000.00 $ 540.00 $ 6,540.00 65 - 66 6,000.00 360,00 6,360.00 66 - 67 6,000.00 180,00 6,180.00 a8,000.00 $1,080.00 $19,080.00 - 21 - 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 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 $44,000.00 $12,915.00 $56,915.00 - 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 64 - 65 17 - 18 S 2,000.00 S 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 2,000.00 210.00 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 1314,000.00 81,960.00 $15,960.00 - 23 - SCHEDULE OF REQUIREMENTS FOR DEBT SERVICE WATERWORKS AND SEWER SYSTEM REVENUE BONDS (Series 1955) S110,000 Issue dated February 1, 1955 Option February 1, 1970 Fiscal Bond Payment Annual Year No. Principal Interest Total 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 $88,000.00 37,327.00 S125,327.00 - 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 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 9,000.00 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 $213,000.00 $76,257.50 y289,257.50 - 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 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 $35,000.00 $4,060.00 $39,060.00 - 26 - ORDINANCE NO. 409 AN ORDINANCE ADOPTING A BUDGET FOR THE 1964-65 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, 1964, to June 30, 1965, 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 15th day of June, 1964, A. D. APPROVED: S/Ernest Langford Mayor ATTEST: S/K. A. Manning City Secretary - 27 - ORDINANCE NO. 410 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 1964-65 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-four 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 ($1.50) 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-eight Cents (01.38) on each One Hundred Dollar ($100.00) valuation of property, and (2) For the interest and sinking fund, Twelve Cents (120) 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 15th day of June, 1964, A.D. APPROVED: ATTEST: S/Ernest Langford S/K. A. Manning Mayor City Secretary - 28 -