HomeMy WebLinkAbout05716ORDINANCE NO. 5 716
AN ORDINANCE ADOPTING THE 1992 BUDGET FOR THE
"SANS AND USE TAX CAPTIAL IMPF40VEMENT FUND"
TO BE USED WITHIN THE CITY AND THE PUEBLO
MEMORIAL AIRPORT
WHEREAS, the City of Pueblo, Colorado has enacted Ordinance No.
5668, providing for a one -half cent sales tax rate increase for a five
year period, pledging the revenue therefrM for captial improvement
purposes within the city and Pueblo Memorial Airport; and
WHEREAS, the anticipated revenues frcm this 1992 tax is two
million six hundred thirty two thousand one hundred forty three dollars
(2,632,143) for the year 1992; now therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, COLORADO, that:
SECTION 1
The following budget for the year 1992 is hereby adopted and the
following appropriation for expeditures of anticipated revenues is hereby
(a) Anticipated Revenues:
1992 Sales Tax $ 2,632,143
Total Revenue $2,632,143
(b) Expenditures:
Qual Med $ 800,000
Projects to be determined 1,832,143
Total Expenditures $2,632,143
SECTION 2
All projects not specifically budgeted for by this ordinance
shall be funded out of "Projects to be deteminedwe account by resolution
approved by City Council for such projects.
INTRODUCE) November 11 , 1991
BY KENNETH HUNTER
Councilman
City Clerk