ORDINANCE NO. O-11-2008

 

AN ORDINANCE ADOPTING A CAPITAL PROJECTS FUND BUDGET FOR THE CITY OF FORT THOMAS, CAMPBELL COUNTY, KY, FOR THE FISCAL YEAR 7/1/2007 – 6/30/2008, BY ESTIMATING REVENUES AND RESOURCES AND APPROPRIATING FUNDS FOR THE OPERATION OF CITY GOVERNMENT.

 

 

WHEREAS, an annual budget proposal and message have been prepared and copies delivered to the Board of Council; and

 

NOW, THEREFORE, BE IT ORDAINED BY THE CITY OF FORT THOMAS, CAMPBELL COUNTY, KENTUCKY:

 

SECTION I

 

That the annual budget for the Fiscal Year beginning 7/1/2007 and ending 6/30/2008 for the following funds is hereby adopted:

           

RESOURCES AVAILABLE

 

CAPITAL PROJECTS FUND

Estimated Carry-Over Balance

 

$                         -0-

 

 

 

REVENUES

 

 

 

 

 

State/Fed. Revenues

 

                  500,000

 

 

 

TOTAL REVENUES

 

                  500,000

 

 

 

TOTAL AVAILABLE FUNDS

 

                  500,000

 

EXPENDITURES

 

CAPITAL PROJECTS FUND

Capital Projects Expense

 

                  200,000

 

 

 

TOTAL EXPENDITURES

 

                  200,000

 

 

 

ESTIMATED SURPLUS

 

                  300,000

 

This Ordinance shall be signed by the Mayor, attested by the City Clerk, published according to KRS Chapter 424, and shall be in effect at the earliest date provided by law.

 

                                                                                    APPROVED:

 

                                                                                    ______________________________

                                                                                    Mary H. Brown, Mayor

1st Reading:  June 2, 2008                                  

 

ADOPTED:  June 16, 2008

Published:     June 26, 2008       

ATTEST:

 

____________________________

Melissa K. Kelly, City Clerk