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TR-89-18 A PALM -Da:h-CbAL�: P � . � �i 1g1 .1 'l bi " 1 (! - app s ee tita.a uh�2.AJ e e - nLc.C�.t�1L3 ' 001 RESOLUTION NO. TR-89--1% ' 002 A RESOLUTION ADOPTING THE PROPOSED ANNUAL OPERATING 003 BUDGET FOR FISCAL YEAR 1990 004 WHEREAS, Under the provisions of Chapter 44, Section 32 of the 005 Massachusetts General Laws and Section 5-1 of Article 5 of the City 006 Charter of the City of Agawam, a proposed annual budget was submitted c 007 August 18 , 1989 ; and, ' 008 WHEREAS, Under the provisions of Section 5-2 (a) of Article 5 of 009 the City Charter, a public hearing on the proposed budget was held on ' 010 August 30, 1989, notice thereof having been published in one issue of 011 the Springfield Union News , a newspaper published and of general 012 circulation in the City more than fourteen days before such hearing; 013 and, 014 WHEREAS, All necessary changes have been made as to .revenue 015 estimates and appropriation items, ' 016 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY 017 OF AGAWAM, MASSACHUSETTS 018 1 . That pursuant to the provisions of Article 5 of the City 019 Charter of the City of Agawam, the budget for the fiscal year 020 beginning July 1 , 1989, a copy of which is hereto attached and made t 021 part of this resolution as fully as if set forth verbatim herein, is 022 hereby adopted, and the several sums therein set forth to be raised by 023 the levy of a tax upon all taxable property within the corporate limits ' 024 of the City of Agawam, Massachusetts , all other funds and receipts are 025 hereby appropriated for the several purposes therein stated. 026 2 . There is hereby appropriated in the Line Item - Contributory ' 027 Retirement Account an appropriation to the credit of the Hampden 028 County Retirement Board to satisfy the City of Agawam's share of the 029 Pension and Expense Credit Funds . 030 3 . Consideration has been given for anticipated receipt of funds 031 from the Commonwealth of Massachusetts for street reconstruction ' 032 purposes as set forth in the Highway portion of the budget attached 033 hereto. 034 4 . In addition to any specific appropriation, all money received ' 035 to the credit of any revolving fund now or heretofore created is 036 hereby appropriated for the purposes indicated in said revolving 037 or working capital fund. 038 5 . There is hereby appropriated all money from the Commonwealth 039 of Massachusetts, the United States, as well as from any grants or t040 donations received for public purposes. 1 ' 041 6 . There is hereby appropriated all money received from the 042 interest income on short term investments including the interest earnec 043 on funds in interest-bearing bank accounts. ' 044 7 . Consideration of establishing the Salary Reserve Appropriation 045 to satisfy those Union Contracts not completed at the close of the 046 fiscal year. 047 8 . To allow the Assessor to use not more than $1,370, 000 of 048 "Certified Free Cash" to reduce the 1990 Tax Rate to stay within the t049 guidelines of Proposition 2 1/2 . 050 9 . The FY90 City of Agawam Operating Budget is hereby adopted as 051 follows : ' 052 CITY OPERATING BUDGET 053 Personnel Services $ 7, 246, 750 ' 054 Supplies 818,985 055 Other Services & Charges 3, 175, 453 056 Capital Outlay 59, 445 057 Line Items 6, 343, 921 058 FOR A TOTAL OF: $17,644, 554 ' 059 SCHOOL OPERATING BUDGET 060 Operating Expense $12,968,931 ' 061 FOR A GRAND TOTAL OF: $30, 613, 485 062 ACCEPT THE WATER BUDGET ' 063 Personnel Services $ 341, 364 064 Supplies 186 ,440 ' 065 Other Services & Charges 944,961 066 Capital Outlay 5, 000 ' 067 FOR A TOTAL OF: $ 1 ,477 ,766 068 10 . There is hereby levied upon all taxable property within the 069 corporate limits of the City of Agawam, Massachusetts upon each dollar 070 assessed value thereof, taxes in the amount to be determined. 071 DATED THIS Seventh DAY OF September 1989 . ' 072 PER ORDEfR. ,OF HE AGAWAM CITY COUNCIL .�c�,y1 f1/� ' 073 Donald M. Rheault, President 074 Agawam City Council ' 075rA S TO FORM AND LEGALITY 076as e, City Solicitor 078 MAYORAL ACTION ' 079 Received this Seventh day of September 1989 by the Mayor's 080 Office by the City Council Clerk. ' 081 APPROVAL OF LEGISLATION 082 By the powers vested in me pursuant to Article 3, Section 3-6 of the 083 Ag a ity Charter, as amended, I hereby approve the passage of the 084 a o 1 do o his seventh day of September 1989 ' 085 ristop C. o nson, Mayor ' 086 DISAPPROVAL OF LEGISLATION 087 By the powers vested in me pursuant to Article 3, Section 3-6 of the 088 Agawam City Charter, as amended, I hereby veto the passage of the ' 089 above legislation on this day of 1989 090 for the following reason(s) : 091 ' 092 093 ' 094 Christopher C . Johnson, Mayor 095 RETURN OF LEGISLATION TO COUNCIL CLERK 096 Returned by Mayor's Office to City Council Clerk this eleventh day of 097 September 1989 . /bam i