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HomeMy WebLinkAbout1995-2113 - Ordinance - 02/23/1995 2313 ORDINANCENO. AN ORDINANCE (BUDGET AMENDMENT 3) AMENDING ORDINANCE NUMBER 2087 WHICH WILL AMEND THE BUDGET FOR THE 1994-95 RSCAL YEAR AND AUTHORIZING AMENDED EXPENDITURES AS THEREIN PROVIDED. WHEREAS, an amended budget for the fiscal year October 1, 1994 to September 30, 1995, was prepared for Councd constderafion; WHEREAS, on February 9, 1995, the Council called a pubhc hearing for February 23, 1995, and notice of such hearing was published ,n the newspaper on February 17, 1995, m compliance w~th the Charter of the C~ty of College Station; WHEREAS, a pubhc heanng was held on February 23, 1995, and at sa~d hearing the Council recetved a recommendation to amend the budget; WHEREAS, the C{ty Council has determined to amend the 1994-95 Fiscal Year Budget; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS: That the amended revenues of the Hotel/Motel Tax Fund budgeted for fiscal year 1994- 95 ~s $1,288,840 II. That the amended expenditures for the Hotel/Motel Tax Fund budgeted for fiscal year 1994-95 ~s $1,414,387, and that sa~d mcreased appropnatton of $50,000 ;s to be considered a loan from the Hotel/Motel Tax Fund to the General Fund and that such loan is to be repaid by the General Fund to the Hotel/Motel Tax Fund ~n fiscal year 1995-96 Ill Th~s ordinance shall become effective from and after its passage {n accordance w~th the C~ty Charter of the C~ty of College Statton, Texas. PASSED, ADOPTED AND APPROVED THIS THE 23RD DAY OF FEBRUARY, 1995. APPROVED: ATTEST: Connie Hooks, C~ty Secretary