HomeMy WebLinkAbout05784ORDINANCE NO. 5784
AN ORDINANCE ADOPTING THE 1993 BUDGET FOR THE
"SALES AND USE TAX CAPITAL IMPROVEMENT 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 therefrom for capital improvement purposes
within the City and Pueblo Memorial Airport; and
WHEREAS, the anticipated revenues from this 1993 tax is two million
nine hundred seventy one thousand four hundred twenty nine dollars ($2,971,429)
for the year 1993; now therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF PUEBLO, COLORADO, that:
SECTION 1.
The following budget for the year 1993 is hereby adopted and the
following appropriation for expenditures of anticipated revenues is hereby
made:
(a) Anticipated Revenues:
1993 Sales Tax $ 2,971,429
Total Revenue $ 2,971,429
(b) Expenditures:
Projects to be determined $ 2,971,429
Total Expenditures $ 2,971.429
SECTION 2.
All Projects not specifically budgeted for by this ordinance
shall be funded out of "Projects to be determined" account by resolution
approved by City Council for such projects.
INTRODUCED NOVEMBER 9 1 1992
BY JOHN CALIFANO
Councilman
APPROVED:
P esident o Council
ATTEST:
- d I A.
City Clerk