HomeMy WebLinkAboutAnnual Report and Budget (FY: 1968-1969)BUDGET O F THE
CITY OF
COLLEGE
STATION,
TEXAS
F I S C A L Y E A R JULY 1, 1 9 6 8 - JUNE 30, 1969
THE HOME OF TEXAS A &M UNIVERSITY
a
so
.r
..
dM
Am
go
qp
CITY
OF
COLLEGE
S T
A T I
O N
..
A
N N U A L R E P
O R T
A N D
B U D G E T
F
i
s
c a
l Year 1968-69
go
qp
TABLE OF CONTENTS
PAGE
PART I
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)
PAGE
PART V
STATEMENT OF INDEBTEDNESS AND SCHEDULE
OF REQUIREMENTS FOR DEBT SERVICE
Statement of Indebtedness
18
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
1968 -69 and Apportioning Each Levy for the
Specific Purpose
22
An Ordinance Adopting a Budget for the 1968 -69
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, 1968 and ending June 30, 1969.
This proposed budget is in the amoi:nt of $1,180,975.00. This is an
increase of $155,550.00 over the 1967 -68 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 $9,000.00
based on 97% collection of an assessed valuation of $8,800,000.00 with a tax
rate of $1.50 per one hundred dollar valuation. There has been no change in
the tax rate for the past eleven years. Other revenues will be increased in
the amount of $34,000.00 due to increases in franchise tax, court fines,
building permit fees, garbage charge, and sales tax.
The expenditures will be increased by $41,000.00 due to salary
adjustments, additional office personnel, hospitalization insurance for
employees, parks, recreation fund, and general obligation bond debt service.
' UTILITY FUND
ELECTRIC, WATER AND SEWER
The revenue in the Utility Fund will be increased $51,000.00 due to
normal increase in the sales of electric power, water and sewage service
charges.
items:
The expenditures will be increased by $80,000.00 due to the following
(1) $20,000.00 additional power cost
(2) $5,000.00 additional water cost
(3) $10,000.00 interest and sinking fund requirements for Revenue
Bonds
(4) $30,000.00 capital outlay in electric system
(5) $15,000.00 maintenance and repairs in utility funds.
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 service that our people might reasonably expect.
Respectfully submitted,
Ran Boswell
RB/fn City Manager
ANNUAL B U D G E T
# # # # # # # # # # # #
P A R T I
# # # # #
4w
am
S U M M A R I E S
CITY OF COLLEGE STATION
CITY OFFICIALS
CITY COUNCIL
D. A. Anderson, Mayor
Bill J. Cooley Robert R. Rhodes Dan R. Davis
James H. Dozier 0. M. Holt T. R. Holleman
' Florence Neelley City Secretary
Phillip B. Goode City Judge
Don Dillon City Attorney
Dr. T. 0. Walton, Jr. City Health Officer
- 1 -
ON ON ON rn
� ON
ON ON ON ON
\lD m -j rn
N
rn
i
rn
N Fj F--' N f✓ N H H H
ON ON rn rn Qq w �
w O NO OOL ON
O\ ON ON ON rn
� w ry N O .o oa -j rn
N F✓ N N � N F-' N N N � �
.o O F-' O as -j N O -j ON -I vt O
O
\10 O lv w F- Fj Fj \O O lv
W
N
of
D 0 0 0 0 0 0
tv ry w � ul ON ON
FJ F-+ F-' F� N F-' F--' F FJ F F--' F•-' N F� �
O o 0 0
O O O O O O O O O O o O o O o
C)
co
m
w
sz
w
o
c)
'J H
H
R. NO
H
FC
ON
0t
H
C]
Cl)
O
r
O
r
ij
t�
H
[�
b7
::I F-'
H
a NO
H
It (n
H
tom]
G
CL
b
G
C'
f✓
N
11 to .O
� FJ
m sz
w
as
H
Sv H
x o
-F
co
- 2 -
N � �
rn rn rn
oa J rn
04 J
Y v Y
F� N O
F� O F
V V
W \-h 04
\n 04 O
\n O
O O O
O O O
N
rn
rn
V
H
Oa
N
J
O
O
N � �
rn rn rn
� w N
Vt Vt VT
V V V
J F-' O
O
V V Y
O T-
OOL N
O \n
O O O
O O O
� \0 � \0 � m v
°� 0 o _a \,.A v k
� v v / �� V W Y
-n � \O O ' ON Fj to
O N \O N W J G cn
V V V V V V V DI (D
O D` N 4 t- \D J N c+ m
O O vi O. W O O N
�5 a
O O O O O O O
O O O O O O O
' N h' Fj Fj F j F j F-j N F-' �-j rd H
\n \n \n \n \n \n \n \n \n \n \n O O O c+ X IO
O O O O O O O O O O O O O O CD
1 FJ H H
W N O .O 01 J J W W W y
N Ol \n N W
V V V V V V V V V V V V V V
m 04 .O N \n a` w J O .O N
N .O N .O 04 \n N \n 04 .O O4 w J r
' ON 04 W N \n N O \D 0 O k.0 J N C
N O 04 N 00 W N �D \n W 4
.O \n Fj \n w O O\ O D` 04 W O
P. 0
F-' O .O 04 J J J O` O` \n w W W m N C) H
04 N N W -p- N O J w .O J \n N n F-' Z �Rz H
I"d v Y v V V V V V V V V V v W (D 1 1 y
F1 W w W O (TI Vt N W 04 d` 0\ f--j J N c� ►j
L�
' 0 P- vt N J \n O ON O` \.D O N & CD FC O
m
4.- \n a` w o ON \ 4 4-- n 0 F-j J w 1-4 H. ti W
(n N H W N N d` �O O \n O \n m t U] C)
cn O` ON 04 .O O \n J W H O O ca w O
0 d t-I
0 H CrJ O
.O .O .O .O .C) .O .D .O H L=J
N O` Q O` J J J O N 36
N r
ON .fl O F- W W F J t W J F-j o LTJ
O W D` 04 c+ H
10 � O
H
' A> O
EO
N O 04 J J J O` O` ON W W w N
04 O` N .O \n O 04 \n N O H
V V V V V V V V V V V V V F+.) H \O ON J O` H (7, m �O J O4 C)
W Oa O m \O w F-j N O co F-' O\ 0
N N N 04 O O` Oa W W 04 I H
ON � Oa Oa 1) w Oct 0 � o ° � ° n
0\ C+
M m
rL
0
.O .O \D .O \O . O O . .O �p F
J 04 04 as 04 �o \O .O 10 .O .O .O .O F-J 3S
o
.O H O \n J \n N W .O ve W c+
CD
cz
m
w
ON rn (7\ ON rn m a` rn rn ON rn orn rn
En
O O O O O O O O O O O O O o t:s n
1 1 1 1 1 I I 1 I 1 1 1 I I R, w
rn rn O` O` ON O` O\ ON cr\ ON \n v, \n \n Fj• H
.O a4 J Gr \n W N H O .O 04 J O' t5
as
- 3 -
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
6.20
1946
8.75
1947
14.59
1948
18.09
1949
34.84
1950
36.00
1951
98.00
1952
111.25
1953
150.55
1954
224.58
1955
153.83
1956
163.38
1957
236.08
1958
351.92
1959
380.04
1960
459.22
1961
552.69
1962
639.31
1963
952.38
1964
900.05
1965
1,2-46.87
1966
1,790.07
1967
3,551.79
$12,184.88
Less Reserve for Uncollectible Taxes 4,000.00
Taxes Receivable Net 8,184.88
- 4 -
CITY OF COLLEGE STATION
BUDGET
ESTIMATED REVENUES & EXPENDITURES ALL FUNDS
FISCAL YEAR 1968 - 1969
Fund Revenues
General $ 263,200.00
Utility Funds - Electric, Water & Sewer 913,600.00
Cemetery 4,175.00
$ 1,180,975.00
Expenditures
$ 441,981.66
734,818.34
4,175.00
$ 1,180,975.00
- 5 -
CITY OF COLLEGE STATION
' BUDGET SUMMARY
REVENUES & EXPENDITURES
Estimated 1967 -68
Revenues
GENERAL FUND:
hxpenaitiures
Proposed 1968 -69
Revenues Expenditures
- 6 -
Ad Valorem Tax
$ 123,800.00
132,800.00
All Other
96,512.25
130,400.00
Administrative
54,888.00
78,360,66
Police Department
74,869.69
86,550.00
Fire Department
17,360.00
14,800.00
Health & Sanitation Department
51,918.21
50,300.00
Street Department
135,944.81
126,350.00
Miscellaneous
23,200.00
24,700.00
Parks and Recreation
9,200.00
11,825.00
Equipment Replacement Fund
10,000.00
Contingent Fund
19,904.00
4,476.00
Retirement of Debts
15,260.00
44,620.00
TOTAL GENERAL FUND
220,312.25
$ 412,544.71
263,200.00
$ 4!,1,981.66
UTILITY FUNDS - ELECTRIC,
& SEWER:
WER:
'
Administrative
Operation
$
862,700.00
$ 34,799.71
383,120.00
913,600.00
$ 36,693.34
411,184,00
Maintenance & Repairs
77,200.00
92,608.00
Sewage Treatment
13,800.00
14,120.00
Capital Outlay
69,500.00
90,500.00
Debt Service
75,530.00
89,713.00
TOTAL UTILITY FUNDS
$ 862,700.00
$ 653,949.71
$ 913,600.00
$ 734,818.34
CEMETERY FUND:
Administrative
$
$ 1,620.00
$
$ 1,870.00
Operation
4,025.00
4,175.00
Maintenance & Repairs
1,200.00
1,400.00
Contingent Fund
1,205.00
905.00
'
TOTAL CEMETERY FUND
$ 4,025.00
$ 4,025.00
$ 4,175.00
$ 4,175.00
$ 1,087,037.25
$1, 070,519.42
$ 1,180,975.00
$ 1,180,975.00
- 6 -
i
i
i
r
r
r
ANNUAL B U D G E T
P A R T I I
GENERAL F U N D
w D E T A I L E D R E V E N U E S A N D E X P E N D I T U R E S
do
r
0
r
r
r
r
A
r
r
CITY OF COLLEGE STATION
BUDGET
GENERAL FUND
Actual Estimated Proposed
1966 -67 1967 -68 1968 -69
REVENUES:
Tax Revenue
$101,360.26
$119,000.00
$128,000.00
Tax Revenue Delinquent
2,241.49
4,800.00
4,800.00
Penalty & Int. on Delinquent Taxes
560.27
700.00
700.00
City Sales Tax
25,000.00
License
130100
200.00
200.00
Occupational Taxes
1,028.76
1,535.00
1,600.00
Franchise Tax
9,339.05
16,777.25
21,000.00
Animal Licenses & Pound Fee
720.00
750.00
800.00
Court Fines
10,429.00
14,000.00
14,000.00
Inspection Fees
1,954.50
2,450.00
2,500.00
Building Permits
4,367.00
4,600.00
5,000.00
Garbage Charge
43,73 ?.41
54,000.00
58,000.00
Miscellaneous
2,203.95
1,200.00
1,300.00
Fees & Issuing Tax Certificates
225.00
300.00
300.00
$ 178,296.69
$ 220,312.25
$ 263,200.00
- 7 -
CITY OF COLLEGE STATION
BUDGET
GENERAL FUND
Actual Estimated Proposed
1966 - 67 1967 - 65 1965 - 69
EXPENDITURES:
ADMINISTRATIVE:
Mayor and Council
$ 335.60
$ 700.00
700.00
Auditing and Legal
1,165.00
1,400.00
1,600.00
Director of Finance
2,415.00
2,534.00
2,660.00
City Manager
4,134.00
4,134.00
4,666.66
Elections
293.96
1,100.00
300.00
Corporation Court Expense
1,500.00
2,400.00
2,400.00
Office Salaries
4,703.39
6,400.00
16,764.00
Other Office Expense
3,139
3,200.00
3,200.00
Tax Expense
542.41
550.00
900.00
Car Expense
104.12
120.00
120.00
Texas Municipal League
617.40
700.00
700.00
Capital Outlay
4,775.45
1,000.00
1,000.00
Engineering
21,105.13
23,000.00
30,000.00
Telephone and Utilities
621.33
650.00
650.00
Retirement and Social Security
6,557
6,700.00
7,000.00
Hospitalization Insurance
5,700.00
A _ 0 g n 9
t r z AAA nn
t 79 �An AA
- 8 -
CITY OF COLLEGE STATION
BUDGET
GENERAL FUND
Actual Estimated
1966 -67 1967 -68
POLICE DEPARTMENT:
Signs and Signals
Auto Maintenance
Chief of Police Salary
Policemen
Capital Outlay
Miscellaneous and Uniforms
Radio Service
City's Share of School Patrolman
FIRE DEPARTMENT:
Payment to A & M University
Cutting Grass & Trash Removal -
Salaries & Equipment Expense
Firemen's Salaries
Miscellaneous - Firemen's Training
Fire Chief Salary
Fire Plug Rental
.Alarm System
Radio Dispatcher
Proposed
1968 -69
$ 4,480.81
$ 2,500.00
$ 2,500.00
4,54
5,000.00
5,000.00
6,600.00
6,600.00
7,600.00
33,245.93
50,600.00
62,400.00
5,389.00
6,619.69
5,500.00
3,073.39
3,000.00
3,000.00
194.27
200.00
200.00
300.00
350.00
350.00
57,823.76
$ 74,869.69
$ 86,550.00
$ 1,562.60 $ 1,500.00 $ 1,500.00
7,147.73 6 3,400.00
2,470.96 2,500.00 2,500.00
166.80
3,660.00 3,800.00
50.00 100.00
224.00 300.00 300.00
3,300.00 3,300.00 3,300.00
A l no dk 17 qhn nn 6 1 1 9nn nn
- 9 -
CITY OF COLLEGE STATION
BUDGET
GENERAL FUND
Actual
1966 -67
HEALTH & SANITATION DEPARTMENT:
Contribution to County Health Unit
Refuse Collection:
Disposal Grounds
Salaries
Capital Outlay
Mosquito Control
Truck Expense
Miscellaneous
STREET DEPARTMENT:
Maintenance & Repairs:
Salaries
Material
Equipment Expense
Warehouse Expense
New Construction:
Drainage - Bridges
Capital Outlay
City's Share of Paving
Street Lighting
Purchase of Right -of -way
Street Appraisal
City's Patricipation - Jersey Street
Improvement
Estimated Proposed
1967 -68 1968 -69
$ 4,43 $ 7,000.00 $ 7,900.00
4,200.00
28,585.10
7,467.21
483.14
2,275.31
1,126.15
4,200.00
30,000.00
6,718.21
900.00
2,500.00
600.00
4,200.00
32,300.00
1,900.00
900.00
2,500.00
$ 48,574.49
$ 23,015.40
7,802.73
7,288.44
32
154.76
400.00
91,458.95
1,319.80
29,500.00
$ 161,266.51
- 10 -
6 r - 1 n, 0 ),
$ 25,900.00
15,000.00
4,000.00
350.00
1,500.00
3,690.25
60,000.00
2,000.00
13,493.19
2,250.00
7,761.37
$ 135,944.81
t Kn inn nn
$ 32,000.00
15,000.00
4,000.00
350.00
500.00
10,000.00
60,000.00
2,000.00
2,500.00
i sn nn
CITY OF COLLEGE STATION
BUDGET
GENERAL FUND
Actual Estimated
1966 -67 1967 -68
MISCELLANEOUS:
City's Share of Library Expense
Travel
Insurance and Bonds
Other Expense
Brazos County Counseling Service
Civil Defense & Miscellaneous
Indigent Hospital
Maintenance and Repairs Building &
Custodian
PARKS AND RECREATION:
Maintenance and Utilities Parks
Park Equipment
Recreation Council
EQUIPMENT REPLACEMENT FUND
CONTINGENT FUND
Proposed
1968 - 69
$ 400.00
400.00
400.00
,332.09
2,400.00
2,400.00
4,032.98
4,100.00
4,100.00
2,305.73
1,500.00
1,500.00
6,000.00
8,500.00
8,500.00
1,138.98
1,500.00
1,500.00
1,500.00
3,000.00
3,6 3,300 3,3
AA n cif � .7n A4 �n inn nn A4 n, "nn nn
684.89 $ 5,000.00 $ 6,825.00
1,882.00
3,800.00 4,200.00 5,000.00
9,000.00
10,000.00
19,596.00
19,904.00
4,476.00
- 11 -
CITY OF COLLEGE STATION
BUDGET
GENERAL FUND
Actual
1966 -67
RETIREMENT OF DEBTS:
Notes:
University National Bank
Interest - Notes
BONDS:
Water and Sewer (1946)
Interest
General Obligation Bonds Interest
Commission Expense
10,000.00
6,000.00
150.00
11.30
$ 6,161.30
d! / nr7 (,7n 7L.
Estimated
1967 -68
14,000.00
1,260.00
15,260.00
ZL12.5LL . 71
Proposed
1968 -69
4,000.00
$ 4,720.00
39,900.00
6 IQ onn nn
$ 441,981.6 6
- 12 -
r
i
i
i
i
Fr
i
i
An
4M
as
in
i
i
ANNUAL BUDGE T
P A R T I I I
U T I L I T Y S E C T I O N
i
CITY OF COLLEGE STATION
BUDGET
UTILITY FUNDS
ELECTRIC, WATER AND SEWER
Actual Estimated Proposed
1966 -67 1967 -68 1968 -69
REVENUES:
Electric Sales
$572,584.81
$610,000.00
$652,700.00
Water Sales
163,406.37
170,000.00
175,000.00
Sewer Sales
54,457.4
62,000.00
65,000.00
Penalties
3,401.87
4,500.00
4,500.00
Temporary Electric Services
360.00
400.00
500.00
Pole Rental
2,637.00
2,800.00
2,900.00
Tapping Fees - Water & Sewer
12,089.50
13,000.00
13,000.00
Office Supplies
$ 808,936.95
$ 862,700.00
$ 913,600.00
EXPENDITURES:
ADMINISTRATIVE:
City Manager's Salary
$ 8,266.00
8,266.00
9,333.34
Director of Finance Salary
4,830.00
5,066.00
5,320.00
Audit and Legal
2,369.92
2,800.00
3,200.00
Telephone & Utilities
3,934.4
4,000.00
4,000.00
Auto Expense
204.56
240.00
240.00
Capital Outlay
3,276.00
2,000.00
2,000.00
Insurance
2,439.19
2,100.00
2,100.00
Office Supplies
6,164.28
4,000.00
4,000.00
Retirement and Social Security
5,327.
6,327.71
6,500.00
36,812.10
34,799.
36,693.34
- 13 -
CITY OF COLLEGE STATION
BUDGET
UTILITY FUNDS
ELECTRIC, WATER AND SEWER
Actual Estimated Proposed
1966 -67 1967 -68 1968 -69
OPERATION:
Office Salaries
Meter Reading
Special Engineering
Power Cost
Water Cost
Billing Cost
MAINTENANCE & REPAIRS:
Electric:
Salaries
Material
Water & Sewer:
Salaries
Material - Water
Material - Sewer
Other Expense:
Gas, Oil & Repairs
Warehouse Expense
Tapping Expense
17,284.07
$ 19,370.00
$ 20,934.00
5,250.00
5,250.00
5,450.
807.28
1,000.00
2,000.00
263,421.08
295,000.00
315,000.00
52,943.16
60,000.00
65,000.00
2,373.34
2,500.00
2
$ 342,078.93
$ 383,120.00
$ 411,184.00
21,192.00 $ 25,000.00 26,708.00
2,060.70 3,000.00 3,000.00
35,103.40
39,000.00
49,400.00
2,365.91
3,000.00
6,300.00
594.59
1,000.00
1,000.00
3,082.35 3,200.00 3,200.00
653.06 500.00 500.00
1039.83 2,500.00 2,500.00
$ 66,391.84 77,200.00 92,608.00
- 14 -
CITY OF COLLEGE STATION
BUDGET
UTILITY FUNDS
ELECTRIC, WATER AND SEWER
Actual Estimated Proposed
1966 -67 1967 -68 1968 -69
SEWAGE TREATMENT:
Salaries
6,000.00
6,300.00
6,420.00
Sewer Rent - Bryan
4,424.81
4,600.00
4,800.00
Maintenance:
Building, Grounds & Equipment
1,692.66
1,200.00
1,200.00
Utilities
1,622.42
1,700.00
1,700.00
13,739.89
$
13,800.00
$
14,120.00
CAPITAL OUTLAY:
Electric:
Material
11,000.00
$
14,000.00
15,000.00
Meters
11,000.00
12,000.00
12,000.00
Transformers
26,000.00
17,000.00
20,000.00
General Equipment
2,341.00
15,000.00
Water:
Material
4,000.00
5,000.00
6,000.00
Meters
10,268.49
11,000.00
12,000.00
Sewer:
Material
5,451.74
6,000.00
6,000.00
General Equipment
7,599.72
4,500.00
4,500.00
77,660.95
69,500.00
$
90,500.00
- 15 -
CITY OF COLLEGE STATION
BUDGET
UTILITY FUNDS
ELECTRIC, WATER AND SEWER
Actual Estimated
1966 -67 1967 -68
DEBT SERVICE:
Interest & Sinking Fund Requirements -
Waterworks & Sewer System and Electric
Light & Power System Revenue Refunding
Bonds $ 34,860.00
Interest & Sinking Fund Requirements -
Waterworks & Sewer System and Electric
Light & Power System Revenue Bonds -
Series 1967
$ 34,860.00
Mr nn r., n,
Proposed
1968 -69
$ 43,270.00 $ 57,053.0
32,260.00
$ 75,530.00
$653,949.71
32,660.00
$ 89,713.00
$734.818.34
- 16 -
as
a
AN
m
do
i.
do
40
do
As
a
Ad
dW
do
A N N U A L B U D G E T
P A R T I V
CEMETERY F U N D
..
CITY OF COLLEGE STATION
BUDGET
CEMETERY FUND
Actual Estimated Proposed
1966 -67 1967 -68 1968 -69
REVENUES:
Sale of Property
$
4,722.38
$
2,900.00
$
2,900.00
Opening Graves
550.00
525.00
525.00
Donations
10.00
50.00
Interest on Bonds
533.35
600.00
700.00
CONTINGENT FUND
$
5,815.73
$
4,
4,175.00
EXPENDITURES:
5. 5.7
A
/ .025.00
A
G_.175.00
ADMINISTRATIVE:
Perpetual Care Fund Transfer
$
1,539.38
$
870.00
$
870.00
Capital Outlay
750,00
1
$
1,539.38
$
1,620.00
$
1
MAINTENANCE:
Labor
198.00
$
1,000.00
$
1,000.00
Landscaping
200.00
400.00
Equipment Expense
198.00
1,200.00
1,400.00
CONTINGENT FUND
$
4,
$
1,205.00
905 .00
A
5. 5.7
A
/ .025.00
A
G_.175.00
- 17 -
4w
s
AN
ANNUAL B U D G E T
P A R T V
Am S T A T E M E N T OF I N D E B T E D N E S S
AND S C H E D U L E OF R E Q U I R E —
M E N T S FOR D E B T SERVICE
As
wn
r
do
An
�
m
�
V
V
�•
O
CD
O
:E:
�
c,
O
O
m
F"
sn
t7
�
t�
O
C+ J H
O
O
O
F'
C N CD
O
(D
C
w
N. CF o :1�
R.
C+ 0 £
�
txj
CD CD c+ O
Cn
CD c+ O
:E�
U]
C7
U]
Cn 0- 1 H
E� " "
FP;
O
�
N �1 O co
� n ul
�
H
H
CD F'•
CD
03
C
(/��
r- �
�n
m
d
r CD
r- cD
F
�m
(D c+
(D c
..
m
0
H
trJ RD "
]Z RID 1 1
A�
tS]
O
CD
H
Z
(�
0, O
� O
�C
�G
txi
ED N
R.
c+
CD c
Cl)
I N
�i CD
� S
OQ
O
V
O
V
O
V
O
O
O
O
O
O
O
O
O
(D
O
O
O
w ry
v, �n
iv a�
�n O
V V
W
kn W
Vi �O
38
00
V V
�
v�W
�V
I-'
O
O
�O
O
04
V
V
V
O
O
O
O
O
O
O
O
O
O
O
O
O
O
O
O
W
tv
O
O
ry
O
W
(T
1v
O
tv
O
O
O
O
O
�w 40
H
t) n
N H
(D
(D
H
O
11-i C)
O H
�i H �A
t7 P. Z C
� f
tJ y
0 9 '�j
w H
F-' W n
a O
z r
t� r
t-�
,D
� H
:I C+ O
W CD '=J H
c+ y H
CD (D O
y � y t4
C+ tRa
t�
W
O
V
- F ^ J
11��
co
W
Id O
p
rL CF
H b
.'3 W
(D
CD
" CD
CD ::5
CA c+
c+ m
- 18 -
V
V
�•
O
O
O
::5 ON
(xi
O
O
G O
F"
V
O
\O
O
O
O
F'
- 18 -
SCHEDULE OF REQUIREMENTS FOR DEBT SERVICE
WATERWORKS & SEWER SYSTEM AND ELECTRIC LIGHT & POWER
SYSTEM REVENUE REFUNDING BONDS
$333,000 Issue dated February 1, 196"
Fiscal Bond Payment Annual
Year No. Principal Interest Total
68
- 69
17
- 35
47,000.00
$ 10,052.50
$y 57,052.50
69
- 70
36
- 48
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
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
$301,000.00 $ 80000.00 $381,300.00
- 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
68
- 69
$
$ 22,260.00
$ 22,260.00
69
- 70
1
- 6
30,000.00
22,260.G0
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
49,4
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
45,165.00
76 -
77
43 -
48
30,000.00
14,085.00
44,085.00
77 -
78
49 -
54
30,000.00
13,005.00
43,005.00
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 $250,725.00 $850,725.00
- 20 -
SCHEDULE OF REQUIREMENTS FOR DEBT SERVICE
GENERAL OBLIGATION BONDS (SERIES 1968)
$840,000 Issue dated August 1, 1968
Fiscal Bond Payment Annual
Year No. Principal Interest Total
68 -
69
69 -
70
58,807.50
58
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.
74 -
75
16 -
20
25,000.00
34,155.
59,155.
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.
78 -
79
36 -
40
25,000.00
29,755.00
54,
79 -
80
41 -
46
30,000.00
28,545.00
58,545.
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.
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
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.
89 -
90
113 -
121
45,000.00
12,080.00
57,080.00
90 -
91
122 -
130
45,000.00
9,987.50
54,987.5
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
)4 -
95
159 -
168
50,000.00
1,175.00
51,175.00
$840,000.00 $625,635.00 $1,465,635.00
- 21 -
ORDlN ANCE NO. 579
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 1968 -69 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 -eight 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 ($100.00) 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 Nineteen Cents ($1.19) on each One Hundred Dollar
($100.00) valuation of property, and
(2) For the interest and sinking fund, Thirty -One Cents (31¢) on each
One Hundred Dollar ($100.00) valuation of property to be apportioned as
follows: General Obligation Bonds, Voted 1968.
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 24th day of June, 1968, A. D.
APPROVED:
S/D. A. Anderson
' Mayor
ATTEST:
S/Florence Neelley
kssistant City Secretary
- 22 -
ORDINANCE NO. 580
AN ORDINANCE ADOPTING A BUDGET FOR THE 1968 -69 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, 1968 to June 30,
1969, 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 the 21 day of June, 1968, A. D.
APPROVED:
S/D. A. Anderson
Mayor
ATTEST:
S/Florence Neelley
Assistant City Secretary
- 23 -