HomeMy WebLinkAbout15951 ORD - 12/24/1980r
AN ORDINANCE
AMENDING ORDINANCE NO. 15679 ADOPTING THE 1980-81
BUDGET BY INCREASINGTHEESTIMATED REVENUE FROM
METERED GAS SALES BY $1,205,000, FROM $22,290,100
TO $23,495,100 AND TO AMEND THE BUDGET FOR GAS
PURCHASES BY INCREASING OPERATING EXPENDITURES
BY $1,205,000, FROM $17,359,000 TO $18,564,000
DUE TO AN INCREASE IN THE PURCHASE PRICE OF GAS,
SOLD BY THE CITY'S SUPPLIER.
WHEREAS, the cost of providing natural gas for the customers;
of the Corpus Christi Gas System has increased as a result of increased
prices of natural_gas charged by suppliers, and
WHEREAS, 1980-81 rates for all gas customers have been
revised.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF CORPUS
CHRISTI, TEXAS:
SECTION 1. That Ordinance No. 15679, adopting the 1980-81
budget for the City of Corpus Christi, be amended by increasing the estimated
revenue from metered gas sales by $1,205,000, from $22,290,100 to $23,495,100
and to amend the budget for gas purchases by increasing operating expenditures
by $1,205,000, from $17,359,000 to $18,564,000 as represented in Attachment A.
15951
M1 OFILMED
SEP 2 71984
Y.T." ATTACHMENT II Annual Budget
Minimum Working Balance.
Additional Balance
Beginning Balance
Operating Revenue
Metered Consu=er Sales
2511 Residential
2512 Commercial
2513 Hospitals, Schools and
Churches
2514 Industrial
2520 OCL
2531 City Use
2515 Naval Air Station
Total
2539 Purchase Gas Adjustment
2543 Service Connections
2545 Appliance Sales
2546 Appliance Service Calls
otal Operating Revenue -
'on-Operating.Revenue
2561 Interest - System Fund
2571 Sale of Property
2572 Contributions to Aid
Construction
2574 Recovery on Damage Claims
2575 Recovery of Prior Years'
Expenditures
2577 Purchase Discounts
2586 Relocation Charges
2589 Tax Refunds
2590 Other Revenue
otal Non -Operating Revenue
GAS FUND BUDGET SUMMARY
(EXCLUDING RESERVE FUNDS)
ACTUAL
1977-78
$ 1,450,000
144,324
$ 1,594,324
ACTUAL
1978-79
$ 1,450,000
402,312
$ 1,852,312
$ 4,383,137 $ 4,283,232
1,035,397 1,002,885
441,053
158,670
106,957
87,858
388,417
$ 6,601,489
$11,910,679
30,308
8,460
18,495
$18,569,431
.$
63,350
7,121
466,514
153,845
111,655
94,437
369,671
$ 6,482,239
$12,335,252
18,518
8,283
19,697
$18,863,989
$ 75,874
2,915
4,373 3,094
1,097 2,597
53
123,951
495
32,580
233,020 $ 325,052
11
516
206,088
599
33,358
otal Revenue $18,802,451 $19,189,041
ESTIMATED
1979-80
$ 1,450,000
359,341
$ 1,809,341
$10,666,400
3,571,000
1,675,300
730,100
503,200
413,700
1,977,200
$19,536,900 $23,495,100
$ 1,259,336 $ -
27,900
3,700
11,500
$20,839,336
ESTIMATED
1980-81
$ 1,450,000
1,882,529
$ 3,332,529
$12,292,900
4,472,500
2,058,800
941,100
-599,700
504,100-
2,626,000
37,100
2,000
18,610
$23,552,810 -
$ 65,800 $
10,700
23,000
1,700.
t
65,800
6,000
4,000
1,500
50,500 100
500 400
294,500 524,800
600 600
10,100 - 11,200
$ 457,400 $ 614,400-
$21,296,736 $24,167,210\
otal Available Resources $20,396,775 $21,041,353 $23,106,077 $27,499,739
City of Corp. Christi ,Toons
i7 i./ 79,
r
ATTACHMENT 1i
Annual Budget
Q GAS FUND BUDGET SUi1NARY
(EXCLUDING RESERVE FUNDS)
ACTUAL ACTUAL ESTIMATED •ESTIMATED
1977-78 1978-79 1979-80 _ 1980-81
Operating Expenditures
.5211 Gas Purchase3$13,810,385 814,403,880 $14,287,265 $18,564,000
5231 Maintenance and Operation 1,234,556 1,336,885 1,527,892 - 2•,123,880.
5241 Pressure' a^_d'Measurement 357',738 398,793 447,759 577,474
5251 Gas Office f 285,092 285,691 272,965 - 298,722
5252 Utilities Office and
Director 519,606 513,972 628,932 850,000
5253 Gas Cost Studies and Fees 53,697 10,293 8,870 - 10,000
5258 Administration 325,753 323,017 383,389 575,374
5269 Insurance 202,493 218,900 301,139 300,000
Total Operating Expenditures $16,789,320 $17,491,431 $17,858,211 $23,299,450
Non -Operating Expenditures
5259 Payment in Lieu of
Franchise • • $ 740,381 $ 752,205
52-- Payment in Lieu of
Property Tax 105,740 98,850
5268 Cost of Appliances Sold ; 6,238 5,550
5271 Construction 467,890 529,204
5299 Reserve Appropriation
Debt Service • 281,200 271,306
•
$ 833,600 $ 891,604
94,300 87,535
3,200 4,000
617,955 830,552
140,238
261,200 251,360
)tal Non -Operating Expenditures $ 1,601,449 $ 1,657,115 $ 1,810,255 $ 2,205,289
Total Expenditures $18,390,769 $19,148,546 $19,668,466 $25,504,739
Closing Balance $ 2,006,006 $ 1,892,807 $ 3,437,611 $ 1,995,000
Uncollectible Accounts (85,524) (128,264) (175,000)3} (195,000)
Other Adjustments and Reserves (68,170)(1) 44,798 (2) 69,918
Adjusted Closing Balance $ 1,852,312 $ 1,809,341' $ 3,332,529 $ 1,800,000
(1) Increase in reserve for encumbrances ($68,170).
(2) Decrease in reserve for encumbrances ($44,798).
(3) Opening reserve for encumbrances.
Ctt, of Corpus Christ; .Terto•
li
That the foregoing ordinance was read for first ime an ,passed to its
second reading on this the /0 day of , 19 00 , by the
following vote:
Luther Jones
Edward L. Sample
Dr. Jack Best
David Diaz
Jack K. Dumphy
Betty N. Turner
Cliff Zarsky
That the foregoing ordinance was read
third reading on this the /7 day
of .¢,c�-w•(,•r , 19 cf o , by the
,
�
following vote:
forle e second time and passed to its
Luther Jones
Edward L. Sample
Dr. Jack Best
David Diaz
Jack K. Dumphy
Betty N. Turner
Cliff Zarsky
That the foregoing ordinan s read for thethird time and passed finally
on this the 21 day of� , 19X0 , by the following vote:
I`
`O
6
Of
,/
Luther Jones
Edward L. Sample
Dr. Jack Best
David Diaz
Jack K. Dumphy
Betty N. Turner
Cliff Zarsky
PASSED AND APPROVED, this the _2,7 day of
ATTEST:
City Secretary
APPROVED:
DAY OF t1/0_, , , 19R0:
J. BRUCE AYCOCK, CITY ATTORNEY
By
Assi.
tant City Attorn
,19P .
THECITYOF CORPUS CHRISTI, TEXAS
15951