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Ordinance 15-2020 summaryORDINANCE 15-2020 ADOPTING THE CITY OF HOPKINSVILLE, KENTUCKY, ANNUAL BUDGET FOR FISCAL YEAR JULY 1, 2020 THROUGH JUNE 30, 2021 BY ESTIMATING REVENUES AND RESOURCES AND APPROPRIATING FUNDS FOR THE OPERATION OF CITY GOVERNMENT SUMMARY SECTION ONE By summary, the Fiscal Year 2020-2021 Budget of the City of Hopkinsville is hereby adopted as follows: REVENUES General Fund Municipal Road Aid Fund Prior Year Revenues Total Revenues EXPENSES General Fund Municipal Road Aid Fund $ 37,091,334 $ 583,000 $ 251,217 $ 37,925,551 $ 37,292,551 $ 633,000 Total Expenses $ 37,925,551 FUND TRANSFERS From General Fund $ 50,000 To Municipal Road Aid Fund $ 50,000 SECTION TWO Adopts Classification and Compensation Plan pursuant to Chapter 30 of the Hopkinsville Code of Ordinances. SECTION THREE Waives Mayor and City Council salary increases for FY 2020-2021. Ordinance 15-2020 Summary Prepared by City Clerk's Office Page 1 of 2 SECTION FOUR Sets authorization to enter into contracts or agreements within budgeted allocations. The full text of this Ordinance is on file in the office of the undersigned City Clerk of the City of Hopkinsville at 715 South Virginia Street, Hopkinsville, Kentucky, where it is available for public inspection between the hours of 8:00 a.m. to 4:30 p.m., Monday through Friday. ORDINANCE 15-2020 SUMMARY ADOPT FY 20-21 OPERATIONAL BUDGET PUBLICLY READ AND PASSED FIRST TIME: dU le. c a .) PUBLICLY READ AND PASSED SECOND TIME: Tine I L4, xQ APPROVE Wendell A. Lynch Mayor ATTEST: (\liAltAZU Y I -k Uut.) Christine M. Fletcher, MMC City Clerk I, H. Douglas Willen, hereby certify I am an Attorney licensed to practice law in the Commonwealth of Kentucky, my office is located at 317 West Ninth Street, Hopkinsville, Kentucky 42240. I further certify the foregoing Summary of Ordinance 15-2020, of the City of Hopkinsville, Kentucky, was prepared in accordance with the requirements of KRS 83A.060(9), and is a true and accurate summary of the contents of said Ordinance. Ordinance 15--g� was published in the Kentucky New Era on: 'a As Certified By Yr "n Ordinance 15-2020 Summary Prepared by City Clerk's Office Page 2 of 2 uglas Willen